Scientists say nature-based credit markets must prove additionality before sales
Nature-based carbon and biodiversity markets should only sell credits after their impact has been scientifically proven in a bid to make them credible and scale investments, a new study has said.
Read MoreUK study flags best-suited indicators for boosting nature positive investments in solar farms
Solar farms have the potential to significantly increase biodiversity in the UK and scale investments in ‘nature positive’, provided that appropriate metrics for evaluation are established, a report has found.
Read MoreUS asset managers finance deforestation-linked company through ESG funds, report shows
Major US asset managers are channelling millions towards the world’s largest meatpacker allegedly responsible for deforestation, biodiversity loss, and human rights violations through Environmental, Social, and Governance (ESG) labelled funds, a report has unveiled.
Read MoreMultiple indexes required to properly quantify biodiversity loss, French bank says
Combining several indexes largely focused on species abundance and diversity is the most efficient way for companies to assess biodiversity risks and impacts, according to French-headquartered bank BNP Paribas.
Read MoreNature-related financial risks overlooked by some G20 regulators, FSB warns
Some G20 regulators have decided not to work on nature-related financial risks due to data challenges and the need to prioritise climate-related analysis, a report released on Thursday showed.
Read MoreBrazilian state to establish country’s first subnational biodiversity credit scheme
A Brazilian state government has announced the upcoming implementation of a legal regulation to offset corporate impacts on nature, making it the first state in the country to establish a biodiversity crediting scheme.
Read MoreIndustry experts launch working group for ‘nature positive’ in built environment
A group of experts has banded together to develop a framework for defining “nature positive” in the built environment industry, aiming to avoid risks of unintentional greenwashing.
Read MoreNGO map shows oil project’s threats to biodiversity-rich park in Uganda
An oil project in the Murchison Falls National Park (MFNP) in Uganda will have a devasting impact on biodiversity, with a number of grave consequences for wildlife and local communities already ongoing, a study has found.
Read MoreColombian organisation kickstarts water credit pilot, eyes biodiversity market
A Colombian non-profit has launched a water crediting pilot programme in a 20,000-hectare area of a river basin in its country, while preparing a separate biodiversity credit pilot.
Read MoreBlended finance fund raises $50 mln to protect Egypt’s coral reef
A $50-million fund to protect Egypt’s coral reef has been launched this week under the Egyptian Red Sea Initiative, a newly established programme supported by the US Agency for International Development (USAID) and the UN-backed Global Fund for Coral Reefs (GFCR).
Read More