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The National Environment Act 2019 requires no net loss (but preferably a net gain) as a goal for biodiversity offsets and biodiversity conservation in the country. [49] Before these legal requirements were introduced, a no net loss goal had been used by the World Bank as a lending requirement to fund a dam at Bujagali Falls in 2007. [50]
In 2019 a total area of 16.5% [2] of Sri Lanka was forested. In 2010, it was 28.8% [3] (and 32.2% in 1995. [4]) 9.0% [5] of Sri Lanka's forests are classified as primary forest (the most biodiverse form of forest and the biggest carbon sinks on Earth). Sri Lanka's forests contain 61 million metric tons of carbon in living forest biomass (in ...
The Loris, found only in Sri Lanka and South India, is related to the Lemurs of Madagascar. The connection to India led to a commonality of species, e.g. freshwater fish, the now extinct Sri Lankan Gaur (Bibos sinhaleyus) and the Sri Lankan Lion (Panthera leo sinhaleyus). [5] The island was connected, off and on at least 17 times in the past ...
Biodiversity banks and the credits that are generated from them rely on regulations and legal frameworks. When establishing a biodiversity bank, a legal arrangement, such as a conservation easement (also known as a conservation covenant) might be required to set aside the land for conservation and prevent the use of the land for development, either in perpetuity or for a specified time period ...
Sinharaja Forest Reserve is a forest reserve and a biodiversity hotspot in Sri Lanka. It is of international significance and has been designated a Biosphere Reserve and World Heritage Site by UNESCO. [1] According to International Union for Conservation of Nature (IUCN), Sinharaja is the country's last viable area of primary tropical rainforest.
Sri Lanka is known to be home to 794 species of Hemipterans. Detailed work of Sri Lankan hemipterans are recorded in the book Catalogue of Hemiptera of Sri Lanka. Sri Lanka comprises 74 species in 46 genera and 6 families of aphids within the order Hemiptera. 2 endemic aphid species are found on Sri Lanka
The definition also states that the goal of biodiversity offsets is to achieve no net loss of biodiversity, or ideally, a net gain. [6] No net loss (NNL) is an environmental policy approach, defined as a goal for development projects/activities and policies where impacts on biodiversity are either counterbalanced or outweighed by measures to ...
A Biodiversity Impact Credit (BIC) is a transferable biodiversity credit designed to reduce global species extinction risk. The underlying BIC metric, developed by academics working at Queen Mary University of London and Bar-Ilan University, is given by a simple formula that quantifies the positive and negative effects that interventions in nature have on the mean long-term survival ...