In May of 2009, CDC Biodiversité (a subsidiary of the French financial institution Caisse des Dépôts et Consignations) launched the first biodiversity bank in France, and intends to sell biodiversity credits in advance of impacts from development. The site is comprised of 357 hectares of abandoned orchards near Saint Martin de Crau in the south of France, which will be restored to semi-arid steppe.
|Date Established: 2009||Status: Active||Bank Size: 357.0000 hectares|
|Country: France||State/Province: Bouches-du-Rhône||Other Location: Saint-Martin-de-Crau|
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|Program in which the bank operates: Pilot Biodiversity Bank (France)|
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|Last Updated: June 17, 2010|