COP16: BCA to launch digital framework for improving biodiversity credit markets transparency
UN-backed Biodiversity Credits Alliance (BCA) announced on Monday it is about to launch a digital framework to enhance transparency in the nascent voluntary biodiversity market, amid pressing concerns over how to guarantee Indigenous peoples’ sovereignty over data.
Read MoreBiodiversity credits to be a major distraction at COP16, non-profits warn
A global non-profit has warned that the voluntary biodiversity market could be a big distraction for governments during the upcoming COP16 UN biodiversity summit, as global leaders need to prioritise public commitments to plug the financial gap on nature.
Read MoreAfrican biodiversity credit market needs fair prices and regulations to scale, report says
The biodiversity credit space in Africa could evolve from a small-scale market to a ‘nature economy superpower’ if clear regulations and fair prices are implemented, as progress in monitoring and transparency are proving the continent’s potential, a Swiss-headquartered non-profit said.
Read MoreProtecting biodiversity in New Zealand could save more than NZ$270 bln over next 50 years -study
Protecting 30% of New Zealand’s lands and seas could help the country save more than NZ$270 billion ($163,6 bln) over the next 50 years, according to a study released on Thursday.
Read MoreMore than 190k new marine protected areas needed globally to reach 30×30 target, pre-print study says
Over 190,000 new marine protected areas (MPAs) must be established if the world is to meet the 30×30 marine protection target under the Global Biodiversity Framework (GBF), equivalent to 85 MPAs created every day until 2030, according to a study published Thursday.
Read MoreWater crisis puts over half of global food production at risk, report says
The water crisis could jeopardise more than half of food production by 2050, with global GDPs also threatened in both high- and low-income countries, a new report has said.
Read MoreUN biodiversity chief urges countries to speed up efforts as CBD talks kick off
The executive secretary of the Convention on Biological Diversity (CBD) has urged countries to accelerate efforts towards the Global Biodiversity Framework (GBF) targets, as implementation talks begin in Colombia shortly before COP16.
Read MoreBiodiversity unit methodology launches to ensure Indigenous participation in the market
A Brazilian Indigenous association has released a methodology to issue biodiversity units in partnership with a carbon project developer and a US-based non-profit, planning to soon launch the first pilot across almost 190,000 hectares of forest in the Amazon, the parties announced on Wednesday.
Read MoreINTERVIEW: Species protection index can lay solid foundations for biodiversity markets
The Species Protection Index (SPI), among the indicators of the Global Biodiversity Framework (GBF), could have a crucial role in building the foundations of the nascent biodiversity credit market, its developers told Carbon Pulse.
Read MoreCommonwealth states to launch first-ever joint ocean declaration at upcoming Samoa meeting
Fifty-six member countries of the Commonwealth plan to make a joint declaration on ocean protection during the upcoming association’s meeting in Samoa, the first ever hosted by a Pacific Island nation.
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