The Alcoa Foundation has announced a partnership with the International Union for Conservation of Nature (IUCN) to investigate how ecosystem restoration projects can successfully contribute to biodiversity and community benefits in different environmental and social contexts.
With a $1.5 million grant from the Alcoa Foundation, the project over the next three years will examine the biodiversity and community benefits of existing restoration projects in Iceland and Brazil.
Rosa García Piñeiro, president of the Alcoa Foundation points out that “there is an urgent need to address the degradation of ecosystems and the resulting loss of biodiversity through restoration efforts” to which she adds that “this project will make a significant contribution to finding ways to successfully achieve this and will also help us to realize the United Nations vision of living in harmony with nature”.
Tracy Farrell, executive director of IUCN-US, notes that “this project will provide us with a greater understanding of how to achieve better ecological restoration outcomes, with results applicable around the world.”
The restoration of degraded ecosystems on land and in the oceans is recognized as a key contributor to combating climate change and addressing global biodiversity loss. In June 2021, the United Nations launched its Decade of Ecosystem Restoration initiative that aims to prevent, halt and reverse ecosystem degradation worldwide.