International > UN Nature & Biodiversity Talks > Global credit market could slash costs of ocean conservation by 98%, study says

Global credit market could slash costs of ocean conservation by 98%, study says

Published 13:16 on June 17, 2024 / Last updated at 13:16 on June 17, 2024 / / Americas (US & Canada), International (UN Nature & Biodiversity Talks), Nature & Biodiversity

Nature & Biodiversity Pulse

Establishing a voluntary market-based scheme that allows countries to trade ocean conservation credits could reduce the costs of marine protection by up to 98%, incentivising governments to achieve their biodiversity targets, a paper has said.
Establishing a voluntary market-based scheme that allows countries to trade ocean conservation credits could reduce the costs of marine protection by up to 98%, incentivising governments to achieve their biodiversity targets, a paper has said.


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