COP29: More than 40% of coral species at risk of extinction, assessment reveals
Over 40% of reef-building coral species are at risk of extinction worldwide, according to a new assessment released Wednesday during the ongoing COP29 climate summit in Azerbaijan.
Read MoreCoalition launches ocean fund to protect marine biodiversity in Southeast Asia
A group of three organisations have launched an ocean fund to enhance efforts for protecting 30% of Southeast Asian seas by 2030, seeking to catalyse conservation actions in one of the world’s most biodiverse marine regions.
Read MoreNew compliance markets needed to scale nature investments in the UK, think tank says
New and broader compliance nature markets are needed in the UK to meet the 2030 biodiversity target, as voluntary schemes and existing regulations are not sufficient to drive business investment, a London-based think tank has said.
Read MoreReport flags surge in corporate nature-related reporting in 2024
Corporate nature-related reporting significantly increased this year among large companies, with disclosures aligned with the Taskforce on Nature-related Financial Disclosures (TNFD) more than doubled compared to 2023, a new report has shown.
Read MoreEnvironment Bank launches large-scale restoration project under its nature shares system
UK-headquartered conservation company Environment Bank has announced a 30-year restoration and rewilding project within over 178,000 hectares of low-yielding land in North Yorkshire, England.
Read MoreAmazon deforestation falls by over 30%, records largest drop in 15 years
Deforestation in Brazil’s Amazon fell by more than 30% between Aug. 2023 and July 2024, marking the most significant percentage drop in 15 years, according to government data.
Read MoreBrazilian developer reviews unit count, price under updated biodiversity credit methodology
A Brazil-based developer has revised its biodiversity credit methodology to more clearly define the units within its framework, resulting in changes to the number of credits generated by its project as well as adjustments to pricing, the company told Carbon Pulse.
Read MoreCOP16: Talks in Cali fail to address critical minerals exploitation, NGOs say
Not enough has been done so far at COP16 to address exploitation of minerals for the green energy transition, especially in Indigenous Peoples’ lands, a group of NGOs said Thursday.
Read MoreCOP16: Group launches bioeconomy coalition to scale sustainable markets, finance in the Amazon
A group of over 20 organisations on Wednesday launched a coalition to promote bioeconomy across the Amazon region, looking at the biodiversity credit market as a possible means to scale financing.
Read MoreCOP16: ANALYSIS – Who wants to talk about debt?
A spat on sovereign debt reform threatens to overheat talks at the ongoing UN biodiversity summit in Cali, as the UK and China have so far strongly opposed calls to address the issue in the final agreement, with potentially grave consequences on developing countries’ ability to effectively tackle the biodiversity crisis, according to experts.
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