Berliner Boersenzeitung - Kenyan pilot project to put price on nature's treasure

EUR -
AED 4.181163
AFN 79.156321
ALL 98.193214
AMD 436.880822
ANG 2.037361
AOA 1044.486925
ARS 1348.161504
AUD 1.755346
AWG 2.050533
AZN 1.930264
BAM 1.955232
BBD 2.297513
BDT 139.050846
BGN 1.956456
BHD 0.42922
BIF 3387.375949
BMD 1.138394
BND 1.467761
BOB 7.862648
BRL 6.40051
BSD 1.13816
BTN 97.71277
BWP 15.28483
BYN 3.723886
BYR 22312.531306
BZD 2.285716
CAD 1.560289
CDF 3261.499868
CHF 0.936989
CLF 0.027819
CLP 1067.540964
CNY 8.201338
CNH 8.182808
COP 4676.865937
CRC 578.726876
CUC 1.138394
CUP 30.167453
CVE 110.233477
CZK 24.810195
DJF 202.632054
DKK 7.458055
DOP 67.189605
DZD 150.081358
EGP 56.502728
ERN 17.075917
ETB 155.393515
FJD 2.562869
FKP 0.842002
GBP 0.842099
GEL 3.119582
GGP 0.842002
GHS 11.66551
GIP 0.842002
GMD 81.964631
GNF 9862.223026
GTQ 8.744538
GYD 238.060876
HKD 8.932583
HNL 29.647522
HRK 7.537298
HTG 148.865468
HUF 403.306943
IDR 18570.628735
ILS 3.986413
IMP 0.842002
INR 97.750573
IQD 1490.673713
IRR 47954.866258
ISK 144.565142
JEP 0.842002
JMD 181.507297
JOD 0.807093
JPY 164.143967
KES 147.081796
KGS 99.552146
KHR 4562.715245
KMF 494.626466
KPW 1024.5157
KRW 1555.359882
KWD 0.34893
KYD 0.948241
KZT 580.746272
LAK 24577.647707
LBP 101972.295445
LKR 340.571111
LRD 227.018071
LSL 20.300684
LTL 3.361383
LVL 0.688603
LYD 6.208197
MAD 10.469652
MDL 19.640642
MGA 5178.45089
MKD 61.566608
MMK 2390.118938
MNT 4070.474951
MOP 9.197472
MRU 45.072309
MUR 52.134696
MVR 17.599583
MWK 1973.109753
MXN 21.859775
MYR 4.834754
MZN 72.754863
NAD 20.300595
NGN 1799.47187
NIO 41.87784
NOK 11.512674
NPR 156.341604
NZD 1.89242
OMR 0.437735
PAB 1.13786
PEN 4.123139
PGK 4.745664
PHP 63.497937
PKR 321.028486
PLN 4.280987
PYG 9092.399855
QAR 4.148814
RON 5.052425
RSD 117.144216
RUB 89.622516
RWF 1610.060787
SAR 4.269684
SBD 9.506467
SCR 16.447444
SDG 683.600863
SEK 10.938798
SGD 1.467686
SHP 0.894599
SLE 25.864549
SLL 23871.562755
SOS 650.316886
SRD 42.288506
STD 23562.466797
SVC 9.956197
SYP 14801.243254
SZL 20.28993
THB 37.237086
TJS 11.265228
TMT 3.990073
TND 3.392415
TOP 2.666233
TRY 44.533273
TTD 7.711693
TWD 34.133052
TZS 3051.698586
UAH 47.169404
UGX 4143.760413
USD 1.138394
UYU 47.44664
UZS 14630.880282
VES 107.972758
VND 29693.880949
VUV 137.266772
WST 3.130027
XAF 655.77235
XAG 0.033095
XAU 0.00034
XCD 3.076568
XDR 0.815986
XOF 655.76947
XPF 119.331742
YER 277.59674
ZAR 20.308627
ZMK 10246.919513
ZMW 29.386209
ZWL 366.56255
  • RBGPF

    -1.5000

    67.5

    -2.22%

  • RYCEF

    0.0950

    12.13

    +0.78%

  • CMSC

    0.0599

    22.17

    +0.27%

  • SCS

    -0.1150

    10.415

    -1.1%

  • VOD

    -0.0150

    10.29

    -0.15%

  • RELX

    0.4250

    54.49

    +0.78%

  • RIO

    0.0200

    58.87

    +0.03%

  • GSK

    0.3600

    40.83

    +0.88%

  • CMSD

    0.0000

    22.16

    0%

  • BTI

    -0.2950

    46.05

    -0.64%

  • BCC

    0.1250

    87.67

    +0.14%

  • BCE

    -0.0760

    21.874

    -0.35%

  • BP

    -0.6400

    28.915

    -2.21%

  • NGG

    -0.0950

    71.225

    -0.13%

  • JRI

    -0.0500

    12.93

    -0.39%

  • AZN

    1.3000

    73.12

    +1.78%

Kenyan pilot project to put price on nature's treasure
Kenyan pilot project to put price on nature's treasure / Photo: Yasuyoshi CHIBA - AFP

Kenyan pilot project to put price on nature's treasure

The bird count gets underway -- two members of the superb starling family, a Nubian woodpecker, and so on.

Text size:

The census unfolding in the shadow of Mount Kilimanjaro is part of a project with a dual aim -- using biodiversity to make money, which will then help to preserve natural resources and support local communities.

The 5,000-hectare (12,400-acre) terrain on the edge of Amboseli National Park in southern Kenya boasts elephants, giraffes, antelopes and lions.

The reserve's owners are the Maasai people, and no fence separates the land from territory used by herders for their cows, sheep, goats and donkeys.

These days, well-heeled visitors are returning to the reserve after the Covid-19 pandemic, which had wrenching financial consequences.

"Tourism completely collapsed, and we realised that we need to find other ways of rising revenue and income to be able to continue paying the leases," said Mohanjeet Brar, managing director of tour operator Gamewatchers Safaris, which rents Selenkay from the Maasai.

The reserve has an eye on the potential from carbon credits and planned biodiversity credits -- mechanisms designed to channel funds to landowners who preserve natural hotspots for rare species and carbon storage.

- Data first -

For Selenkay, the first step towards realising these gains is to collect data -- to make an inventory of the reserve's treasure house.

Cameras and acoustic recorders are being used to give an idea of which animals are present on the reserve and in what numbers, and these are supplemented by human observations.

Over one month, morning and evening, team members are stationed at specific points to make a tally of all the animals seen and heard for 10 minutes.

"Is biodiversity higher in the conservancy than outside the conservancy and what's driving that increase?" said Andrew Davies, an assistant professor at Harvard University in the United States, who is helping the research.

"Once we know that from a scientific perspective, we can begin thinking about making a credit to sell."

Helped by a drone, the researchers are also getting a picture of the amount of carbon stored in trees and in the soil.

Tourism income from Brar's company supports the local community in many ways, helping to provide water for people and livestock and generating jobs. All of the rangers and almost all of Selenkay's staff are Maasai.

Even so, living conditions are still difficult, said Noolasho Keteko, one of the women from the Maasai village bordering the conservancy.

The crop-haired mother of eight, adorned with colourful bead jewellery, also makes money from tourist visits to the mud-hut village and from selling jewellery.

But when Selenkay closes in April and May for the rainy season, the village needs assistance, she explained.

People in the district want to prevent the land from being sold, turned into fields and fenced off, preventing wildlife from moving freely.

But a short distance from the reserve, a high fence already crosses the landscape to make way for fields.

Income from credits could ease the pressure on the environment, said one of the guides, Nicholas Koyieyo.

It would encourage herders to cut back on numbers of cattle, enabling grass and trees to regenerate, he said.

- Market question -

The big question is whether Selenkay's resources can be adequately monetised.

"Kenya has a very fast-growing population -- the land price is also high (and) there are many options for land use," Brar said.

The market for carbon credits is well-established, although far from perfect.

Under it, carbon polluters can offset their greenhouse-gas emissions by "purchasing" emissions that are reduced or saved by other members in the scheme.

But the much-touted market for biodiversity credits has yet to be created.

On Sunday, preparatory talks for a UN biodiversity summit due in December wound up in Nairobi after making scant progress.

"There's no biodiversity trading market and we have to develop that," said Davies.

"We need carbon as a first step to get the things going, to get trust from the landowners," he said.

"A lot of money needs to go back to the community, so if we start to get money and giving it to the community then they will have faith in us."

(F.Schuster--BBZ)