Credit rating agencies must consider nature risks to sovereign debt, think tank says
Credit ratings agencies have not been factoring in the risks that biodiversity loss poses to governments’ abilities to repay sovereign debts, an executive at a Brussels-based think tank has said.
Read MoreMega companies’ nature commitments could influence entire sectors, but most aren’t robust enough -study
Researchers have assessed biodiversity reporting from major companies across high-impact industries, suggesting that although these firms carry enough influence to sway sectoral nature action, most of their commitments are not sufficiently detailed to actually drive change.
Read MoreEU Commission signs off leather exclusion from anti-deforestation law
The European Commission has adopted measures to exclude products including leather from the scope of the EU Deforestation Regulation (EUDR) following a hotly contested simplification package presented earlier this year.
Read MoreUK govt assigns £40 mln to nature conservation in England
The UK government has set aside £40 million for national parks and landscapes as part of its new plan for progressing England’s international commitment to conserve 30% of its land by 2030, it announced on Monday.
Read MoreMalaysia expects to meet over 80% of its biodiversity targets by 2030
Megadiverse Malaysia said it is on track to meet 14 of its 17 Kunming-Montreal Global Biodiversity Framework-aligned national biodiversity targets, but has found progress lacking on finance, capacity building, and protected area goals.
Read MoreMalawi looks to biodiversity credits to help finance national nature plan
Malawi intends to use biodiversity credits to help draw in private finance for conservation and restoration as part of its latest national nature plan, which also floated the idea of mandatory biodiversity offsetting for the mining sector.
Read MoreMPs urge UK govt to disclose detail on national security threat from global biodiversity loss
Members of Parliament have called on the UK government to share more information on the threats global biodiversity loss poses to national security following accusations that the current publicly circulated document is merely a redacted version of the intelligence chiefs’ full report.
Read MoreAttracting private finance for nature does not automatically lead to conservation success -report
Providing routes for private finance to flow to biodiversity projects such as via nature credits and ecotourism does not automatically lead to conservation success, a group of researchers warned this week.
Read MoreMajor AI governance frameworks ignore risks to nature
Two influential blueprints for governing Artificial Intelligence cover national security, job security, and human freedom, but fail to address AI’s vast potential to accelerate resource extraction and the destruction of nature, a campaign group said during the UN’s inaugural dialogue on AI governance in Geneva this week.
Read MoreEU, member states off track for most 2030 global biodiversity targets, report says
Efforts across the European Union to implement the Kunming-Montreal Global Biodiversity Framework (GBF) are generally not enough to meet most of its 2030 targets, according to a report published on Tuesday.
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