Determining the Business Value of Ecosystem Services in Brazil
Description
Description
In alignment with Dow's 2015 Sustainability Goals, the company embarked on a bold new experiment in 2011 a 5-year, $10 MM collaboration with The Nature Conservancy.
Implementation of the Project/Activity
Dow's long-term vision is to leverage analysis and findings at current and future pilot sites to influence practices and operations at Dow's business units globally, and guide the decision-making of other companies and organizations through open-source access to the resulting models, tools and learnings generated from the collaboration. Dow and The Nature Conservancy have created a collaboration website to share progress from this groundbreaking initiative, which aligns with the company's broader focus on global conservation. and also this initiative is fully funded by The Dow Chemical Company.
Partners
The Nature Conservancy
SDGS & Targets
N/A
SDG 14 targets covered
Deliverables & Timeline
Establish a second pilot site in Santa Vitria, Brazil ro undertake a comprehensive analysis of services that nature provides to Dow's operations and the community Analyze impacts and dependencies on ecosystem services in the region specifically related to crop production (sugar cane to Polyethylene and biomass fuel); access to freshwater sources; forest habitat; sediment reduction (i.e., erosion control) and nutrient retention.
Publish second annual Progress Report
Resources mobilized
Financing (in USD)
10000000
Partnership Progress
No progress reports have been submitted.
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False
Feedback
Action Network
This initiative does not yet fulfil the SMART criteria.
Timeline
01 January 1970 (start date)
01 January 2012 (date of completion)
Entity
N/A
Goals
N/A
Geographical coverage
Brazil
More information
Countries
N/A