COP16: Verra unveils nature framework, plans to list first biodiversity credits in April
Carbon crediting standard Verra on Tuesday officially unveiled its long-awaited nature framework for the voluntary biodiversity credit market, expecting to register the first batch of projects from April next year.
Read MoreCOP16: BRIEFING – IAPB framework unlikely to prevent international offsetting unless governments step in
Governments need to take urgent action to avoid perverse uses of biodiversity credits, including cross-border offsetting, as the International Advisory Panel on Biodiversity Credits (IAPB) believes its newly launched framework alone won’t be a sufficient safeguard, its co-chairs told Carbon Pulse.
Read MoreCOP16: International panel releases framework for biodiversity credit markets
An influential panel led by the UK and France on Monday released its long-awaited framework to steer and scale the development of high integrity biodiversity markets, advising against secondary markets transactions and ruling out the use of non-local credits for offsetting except for contribution purposes.
Read MoreCOP16: Cali outcomes to mark watershed for UN plastic treaty, UNEP exec says
The ongoing Cali biodiversity talks could lay the groundwork for the success of the final round of the upcoming negotiations on the long-awaited UN treaty to address plastic pollution, the UN Environment Programme’s (UNEP) executive director told Carbon Pulse Sunday.
Read MoreCOP16: BRIEFING – UN biodiversity talks fuel optimism for ocean track
UN negotiations in Colombia have led to “excellent progress” towards creating a new process for identifying key marine biodiversity areas, in a move that observers consider essential for achieving some of the most critical global ocean targets.
Read MoreCOP16: INTERVIEW – Biodiversity credits should be rethought as contributions to national strategies
A France-based organisation has published a market framework to align biodiversity credit projects with national strategies, enabling companies to claim their contribution to governments’ targets on nature, the co-founders told Carbon Pulse.
Read MoreCOP16: Global standard for biodiversity uplifts certifies first three projects
A global standard for biodiversity uplift has registered a first three restoration projects under its methodology.
Read MoreCOP16: More than half of organisations in survey say ready to enter biodiversity credit market
A UN-backed organisation has conducted a survey on the demand for biodiversity credits, with over half of participants claiming to be highly confident in their ability to participate in the fledgling market.
Read MoreCOP16: Fewer than one in 10 companies assess biodiversity dependencies, despite growing interest in nature reporting
Fewer than 10% of companies assessed their dependency on biodiversity last year, despite increasing attention to nature-related reporting following the Global Biodiversity Framework (GBF) agreement, according to a report released Wednesday.
Read MoreCOP16: Colombian standard partners with local developer to scale biodiversity markets
A Colombia-based environmental standard has signed a Memorandum of Understanding (MoU) with a local project developer to explore biodiversity credit opportunities worldwide and test its methodology within different sites and ecosystems.
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