Carbon Solutions Proposal: Diane-Laure Arjaliès
Title: Scaling up nature-based climate solutions for carbon emissions though an Indigenous- and community-led Conservation Impact Bond
PI: Diane-Laure Arjaliès, Associate Professor, Ivey Business School
Partners: Carolinian Canada – Deshkan Ziibi Conservation Impact Bond (DZCIB) facilitator
Abstract
This project aims to scale a highly innovative project that applies finance for nature-based carbon mitigation, known as the Deshkan Ziibi Conservation Impact Bond (DZCIB). The DZCIB pilot phase targets 1000 hectares of ecosystem restoration to optimize the sequestration of 750 tonnes of CO2 per year. Once matured, these ecosystems will store up to 200,000 tonnes.
The DZCIB is an innovative financial model addressing the urgent need to scale nature-based investments through rethinking traditional conservation funding models in collaboration with private investors. Each pilot involves different stakeholders, lands, nature-based climate solutions and First Nations.
A community-based participatory research methodology will help answer the following question: how can the DZCIB be replicated to scale, to maximize biodiversity benefits and carbon mitigation? This research project will create a sustainable pathway for current and future community impact bonds to deliver measurable and verifiable nature-based climate solutions at scale. From a national perspective, we are creating a dynamic and adaptable model for scaling up both private and public investment in conservation and climate action, that can make a major contribution to the achievement of Canada’s 2030 Emissions Reduction Plan.
