Track submissions of National Biodiversity Strategy and Action Plans (NBSAPs) and interest in biodiversity credits ahead of COP17 through the Biodiversity Portal.
Carbon Pulse is pioneering its first nature and biodiversity portal in the run-up to a review of global progress on reversing nature loss at biodiversity conference COP17 in Armenia in October.
The inaugural review will take stock of how far countries have come since signing the Kunming-Montreal Global Biodiversity Framework (GBF) in Dec. 2022. The GBF has set global targets such as the effective protection of 30% of land and sea by 2030.
The NBSAPs set out national strategies to deliver on the GBF. They are supported by 7th National Reports to show progress towards the global framework.
In 2022, all 196 parties to the UN Convention of Biological Diversity (CBD) committed to submit new or revised NBSAPs by COP16 in 2024, but many have yet to do so.
Carbon Pulse has used the CBD’s Online Reporting Tool to map out the status of each country’s NBSAP. It has also created a directory of them that lists key details such as the time period covered and whether it mentions biodiversity credits.
A second map shows those countries that have signalled interest in biodiversity credits in their post-COP16 NBSAP or 7th National Report.
The Carbon Pulse team combed through both sets of documents to compile its dataset.
“The Portal streamlines key data on international progress towards NBSAPs, making it easier for a wider audience to track government action ahead of COP17,” said Thomas Cox, biodiversity correspondent.
“It is underpinned by the first stocktake of biodiversity credit references in recent NBSAPs and national reports, offering early signs of how governments are engaging with emerging nature markets.”
Interest in biodiversity credits is rising, with 50 countries mentioning them in their NBSAPs or 7th National Reports.
“In what is an important few months ahead of the October COP, this new Portal helps to synthesise a large array of information into an easily digestible format,” said Fin Johnston, data journalist.
Note that the biodiversity credits map does not include mentions that relate only to compliance offset markets, where companies are required by law to compensate for the ecological damage their projects cause.
The Biodiversity Portal is a natural extension of Nature & Biodiversity Pulse (NBP), Carbon Pulse’s news and intelligence service on biodiversity credits, nature-based carbon, and other emerging environmental credits.
NBP is available as a standalone product, or an add-on to Carbon Pulse Premium (CPP) or Net Zero Pulse (NZP).
The Biodiversity Portal is available to subscribers and non-subscribers (with a free log-in). Carbon Pulse will keep the page updated as further NBSAPs and 7th National Reports are submitted.
It will send a team of five reporters and editors to COP17 in Yerevan, Armenia from Oct. 19-30.
The Biodiversity Portal joins a suite of carbon market portals covering the VCM, Paris Article 6, and NDCs, among others.
If you are interested in contributing to our reporting, either through a data feed to our editorial team or the portals, or potentially by hosting a page with your own data on our site, please get in touch with our business development team at [email protected].
For subscription enquires to NBP, NZP, or CPP please contact [email protected].
