Portuguese aquaculture firm eyes biodiversity credit market to scale funding
A Portugal-based aquaculture company is conducting a study to evaluate the ecosystem services provided by its bivalve farm to venture into the biodiversity credit market, as it says investments in the industry are still insufficient.
Read MoreAXA Climate, tech company launch forestry insurance to protect against increasing natural disasters
France-headquartered climate risk manager AXA Climate and an Irish forestry management software company have teamed up to launch insurance for forestry fires and storms.
Read MoreNGOs call for cancelling ‘disastrous’ oil permit in Rep. of Congo’s most biodiverse protected area
Human rights activists in the Republic of Congo (RoC) and other NGOs have called for the revocation of an oil exploration permit in Conkouati-Douli National Park, saying it will gravely threaten the most biodiverse protected area in the country.
Read MoreCarbon registry launches biodiversity programme, gears up for listing credits
Iceland-based International Carbon Registry (ICR) announced on Thursday the launch of its pilot biodiversity programme in an effort to develop a framework for project developers planning to issue voluntary biodiversity credits.
Read MoreOBC launches survey on biodiversity certificate claims to drive corporate demand
The Organisation for Biodiversity Certificates (OBC) has launched a survey to gather views on the claims that companies can make when buying biodiversity credits, as the organisation expects more clarity will have a significant impact on corporate demand.
Read MoreOver 80% of rich countries fail to meet fair share of biodiversity financing target, report shows
Only two out of 28 rich countries have allocated what is estimated as their fair share of the resources for biodiversity required under the Global Biodiversity Framework (GBF), while over 80% of them provided less than half of it, according to a report released Thursday.
Read MoreUS foundation allocates over $33 mln to restore longleaf pine forests
A US-headquartered foundation has announced the allocation of $33.5 million in grants to finance the conservation and restoration of longleaf pine forests in eight southern states.
Read MoreAustralian govt ringfences A$28.5 mln to restore the Great Barrier Reef
The Australian federal Labor government announced Tuesday an allocation of A$28.5 million ($18.9 mln) to support the restoration and rehabilitation of coastal habitats on the Great Barrier Reef.
Read MoreBiodiversity among top concerns for companies under CSRD requirements, PwC survey shows
Biodiversity is among the biggest concerns for companies grappling with corporate disclosures, with a quarter of them lacking confidence in their ability to meet the requirements set out by the EU’s Corporate Sustainability Reporting Directive (CSRD), a PwC survey has revealed.
Read MoreCompanies still don’t trust a stand-alone market for biodiversity, experts say
A business case for voluntary biodiversity credits is not there yet, as companies prefer to engage in the carbon market with biodiversity co-benefits due to a lack of trust in a stand-alone market, experts have told Carbon Pulse.
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