In an effort to prevent irreversible decline of species and biodiversity in Alberta's Boreal Forest, industry can take important steps to offset their environmental impacts by setting aside or restoring areas of equal or greater value to the lands disturbed.
This report, commissioned by the Canadian Boreal Initiative (CBI) and authored by the Pembina Institute and Alberta Research Council, brings together experiences from the application of offset policies in other jurisdictions with perspectives from industry, First Nations, government, academics and environmental groups in Alberta. It concludes that biodiversity offsets should be considered to address the growing impacts on biodiversity from resource development in the Boreal, including in Alberta's oilsands region.