Central Valley Habitat Exchange Creating Voluntary Environmental Markets and Science-based solutions for People and the Environment

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1 Central Valley Habitat Exchange Creating Voluntary Environmental Markets and Science-based solutions for People and the Environment ACES Conference December 10, 2014 Photo: Jacob Katz

2 EDF s Vision Reverse habitat loss Incentivize outcomes/create profit Increase amount and effectiveness of restoration Better EROI

3 Habitat Exchanges in Development 7. Nevada Conservation Credit System 3. Upper Green River Conservation Exchange 4. Colorado Habitat Exchange 5. Lesser Prairie Chicken Habitat Exchange 2. Central Valley Habitat Exchange 1. Mokelumne Environmental Benefits Program 6. NC Ecosystem Enhancement Program LEGEND Compliance Pre-Compliance Voluntary

4 Functional-Acres Problem: Net loss of habitat annually (despite $20 billion in spending) Problem: Net loss of habitat each year despite mitigation, public Habitat lost & to private investment development 0 Mitigated through nonbanking actions Mitigated through banking Farm Bill & regional programs Private nonmitigation Public land mgt Net loss -500,000 Numeric values are rough estimates for illustration only Fddfdfdfdfdfdfdf dfdfdfdfdfdfdf

5 Functional- Acres Improvement Over Status Quo 10,000,00 0 Vision: Performance based investment Net Gain Vision: Performance based investment for Private mitigation, public & philanthropy private investment Farm Bill & regional programs Public land mgt 0 Habitat lost to development Mitigated through banking Mitigated through nonbanking actions Status Quo Net Loss -300,000 Numeric values are rough estimates for illustration only Fddfdfdfdfdfdfdf dfdfdfdfdfdfdf

6 Need: Significant Conservation & Mitigation Demand Projected in CA 600,000 A c r e s 500, , , , ,000 ~1.4 million acres over next 20 yrs. 218, , , , ,500 50,000 60,000 30, ,000-6

7 Exchange Goal Framework for effective habitat conservation in the Central Valley that: Actively engages farmers and ranchers, on a voluntary basis Contributes to fulfillment of state conservation goals and mitigation obligations Improves ecosystem function. Photo: Matthew Grimm

8 CVHE VISION Public/private sectors engage in accountable and transparent investments in sustainable resource management. Landowners compensated for management/restoration that results in measurable improvements. Healthier habitat (streams, floodplains and riparian corridors) - resulting in jobs, cost savings, and other societal benefits. Photo: Matthew Grimm 8

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10 Exchange Program Area

11 Current Needs Publicizing habitat mitigation and conservation needs of the HCP/NCCPs to potential willing sellers to secure sufficient habitat supply at an appropriate time. Ability to consistently prioritize habitat projects and available funding. Comprehensive understanding of mitigation and conservation activities across the Central Valley.

12 Exchange Value Tool in the toolbox to help meet goals and objectives of current and future HCP/NCCPs: Expanding market for conservation delivery to HCPs (i.e., the Exchange as a conservation broker). Systematic and consistent metrics to help evaluate cost benefits for HCPs. Third party tracking to coordinate mitigation and conservation activities across the Central Valley.

13 Consistent Metrics Multi-Benefit Habitat Quantification Tool Landscape Attributes & Processes Habitat Benefits Riparian songbird Habitat Water Quality Waterbird Habitat Frequency, duration of inundation Salmon Habitat Landform & structure

14 Tracking, Reporting & Coordination The Exchange Registry & Annual Reports

15 Exchange Pilot Project Timeline: One year (Mar 2014 to Mar 2015) Target species: Swainson s Hawk Project site: Yolo County Major goal: Demonstration of concept

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17 Storymapping

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19 Partnerships

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21 Next Steps Take concepts and prove out on the ground Expand investment in conservation Build out multi-benefit tool Pursue partnerships with conservation bankers, HCP/NCCP s, ag associations, and agencies Continue to build support 24

22 Questions? Ann Hayden, Environmental Defense Fund Program/Home Photo: Jacob Katz