Tech firms mull funding biodiversity credit methodologies
An environmental impact platform and a payments network have closed their call for proposals set to identify innovative finance projects, saying they seek to fund initiatives in the emerging biodiversity credit market.
Read MoreIrish forestry group to pilot biodiversity monitoring for corporate disclosures
Ireland’s largest private forestry management group is set to pilot a monitoring framework for measuring biodiversity gains on a replanting project, as it considers issuing biodiversity credits in the future.
Read MoreUK national park launches country’s first voluntary biodiversity credit scheme
The South Downs has become the first national park in the UK to establish a formal scheme for a voluntary biodiversity credit market, aiming to scale up private investments in nature recovery.
Read MoreHigh integrity forest initiative releases methodology for biodiversity, climate units
The High Integrity Forest (HIFOR) investment initiative backed by the Wildlife Conservation Society (WCS) released on Thursday its methodology to identify and issue units that could fit the nascent biodiversity credit market.
Read MoreCountries have duty to protect the oceans from climate change impact, international maritime court says
The International Tribunal for the Law of the Sea (ITLOS) has declared that signatory states of the UN Convention on the Law of the Sea (UNCLOS) have an obligation to protect the ocean from the impacts of climate change, with small island countries hailing the decision as a victory.
Read MoreOver 50% of the world’s mangrove ecosystems at risk of collapse by 2050, IUCN says
The International Union for Conservation of Nature (IUCN) released Wednesday its first-ever assessment of the world’s mangrove ecosystems, showing that more than half of them are at risk of collapse by 2050.
Read MoreFEATURE: Fish farming marine destruction claims highlight challenge in meeting GBF targets
Environmentalists are increasingly sounding the alarm over what they claim are destructive impacts of the global fish farming industry, but government hesitance in imposing stricter regulations is seen as an illustration of the challenge ahead in meeting biodiversity targets.
Read MoreItalian firm prepares to launch voluntary biodiversity credit offsetting framework in Europe
An Italian nature tech firm is poised to release a set of standardised guidelines for a biodiversity framework late this year that will underpin its first certified biodiversity credits in 2025 for the European voluntary market, the company told Carbon Pulse.
Read MoreGlobal biodiversity fund ringfences over $70 mln for new round of grants
The Global Biodiversity Framework Fund (GBFF) has approved a new round of grants, planning to deliver over $70 million for 18 new projects.
Read MoreAustralian organisation releases guide to enhance biodiversity in solar farms
An Australian non-profit consultancy has released a set of strategies to achieving net gain in biodiversity within new solar farms, as its country plans to enhance efforts to prevent renewable plants from harming ecosystems.
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