capacity for monitoring & evaluation; accept poor trades cannot be entirely independent auditing; enhance public eliminated. participation and scrutiny. Trust fund models Development of robust methods for Risk of funds being absorbed into H M estimation of the replacement cost of consolidated revenue; mismanagement biodiversity; systems to track funds to of funds; increased transparency may be ensure original impacts are compensated politically unpalatable; concerns about for; independent control and oversight. move away from for “like like”. Monitoring, Design of monitoring and evaluation Lack of incentive and/or capacity to M M evaluation and programs to evaluate offset outcomes at evaluate; oversight and transparency auditing site and policy level; database may be politically unpalatable infrastructure to store and share
capacity for monitoring & evaluation; independent auditing; enhance public participation and scrutiny. accept poor trades cannot be entirely eliminated. Trust fund models H M Development of robust methods for estimation of the replacement cost of biodiversity; systems to track funds to ensure original impacts are compensated for; independent control and oversight. Risk of funds being absorbed into consolidated revenue; mismanagement of funds; increased transparency may be politically unpalatable; concerns about move away from “like for like”. Monitoring, evaluation and auditing M M Design of monitoring and evaluation programs to evaluate offset outcomes at site and policy level; database infrastructure to store and share Lack of incentive and/or capacity to evaluate; oversight and transparency may be politically unpalatable
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