Nature Tech Alliance launches to help firms reduce their impact on biodiversity
A group of tech companies on Tuesday announced the launch of the Nature Tech Alliance, a global partnership to help businesses understand, manage, and reduce their impact on nature.
Read MoreUp to €48 bln of EU subsidies supports activities harmful to nature, WWF says
EU countries are directing between €34 billion and €48 bln of European subsidies annually into activities that harm biodiversity, with the majority of them allocated to agriculture, according to a report released on Tuesday.
Read MoreThousands of wildlife species affected by illegal trafficking worldwide, UNODC says
The UN Office on Drugs and Crime (UNODC) has revealed that wildlife trafficking has not been substantially reduced over the last two decades, despite some positive progress.
Read MoreOver half of UK investors eye natural capital, broad interest in carbon and biodiversity credits, research shows
Half of UK institutional asset owners have already invested in natural capital or will do so within the next 18 months, and are far more interested in developing their own carbon or biodiversity credits than purchasing offsets in the secondary market.
Read MoreOnly one-third of largest marine protected areas is fully protected, study says
The international community’s commitment to protecting at least 30% of the waters by 2030 must go beyond mere numbers and strive for quality and effectiveness, as only one-third of the largest global marine protected areas is highly protected, according to a paper published Thursday.
Read MoreExpert group advises EU Commission to ramp up efforts in shaping a biodiversity credit market
A high-level expert group on sustainable finance (HLEG) has advised the EU Commission to scale up the biodiversity credit market as a means to boost investments towards low and middle-income countries (LMICs).
Read MoreINTERVIEW: Poor demand from Global North hampers biodiversity credit uptake in Africa
European and North American companies are not keen to invest in biodiversity credit initiatives in Africa, as the continent strives for innovative funding solutions alongside carbon credits to preserve its nature, a conservation finance expert has told Carbon Pulse.
Read MoreHigh monitoring costs seen hindering nature restoration efforts in Latin America
Nature restoration practices across Latin America lack effective tools to quantify their outcomes due to prohibitive monitoring costs, which hamper the long-term success of the projects, a study has revealed.
Read MoreEU-funded project to hasten corporate, policy efforts on biodiversity
A newly-launched project aims at accelerating and scaling nature-positive efforts by businesses, financial institutions, and European governments.
Read MoreUS startup launches to scale fundings towards coastal NbS, biodiversity conservation
A US-headquartered consultancy launched this week to bolster and expedite funding towards nature-based solutions (NbS) and blue carbon, planning to engage in the nascent biodiversity credit market.
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