Marine biodiversity credits must address quick baseline shifts, expert says

Published 09:25 on September 19, 2024  /  Last updated at 09:25 on September 19, 2024  / /  Biodiversity, International

Marine biodiversity credit methodologies should focus on addressing quick shifts in aquatic ecosystem conditions to create reliable units for the market, an expert told a webinar on Wednesday.

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Increase in global biodiversity funding largely driven by loans, OECD finds

Published 12:37 on September 18, 2024  /  Last updated at 12:37 on September 18, 2024  / /  Biodiversity, International

Biodiversity funding hit $25.8 billion globally in 2022, the highest level since 2015, although the increase was largely driven by loans provided by multilateral institutions rather than grants, according to the OECD.

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Regen reports sale of $129k of biodiversity credits on its platform

Published 11:27 on September 17, 2024  /  Last updated at 11:27 on September 17, 2024  / /  Americas, Biodiversity, International, South & Central, US

US-based environmental credit platform Regen Network Development has reported the sale of over 92,000 biodiversity credits worth a total of $129,000, listed on its marketplace and generated by three separate developers.

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Australian cattle body seeks to exempt agricultural lands from EU deforestation rules

Published 13:00 on September 16, 2024  /  Last updated at 13:00 on September 16, 2024  / /  Asia Pacific, Australia, Biodiversity, EMEA

An Australian cattle industry lobby group has released its definition of deforestation, in an attempt to seek exemptions for agricultural lands from upcoming EU rules.

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Biodiversity markets need ‘trust factor’ to scale, tech expert says

Published 13:21 on September 13, 2024  /  Last updated at 13:21 on September 13, 2024  / /  Biodiversity, International

Tech firms can give emerging biodiversity markets the ‘trust factor’ companies need to buy nature credits without fear of backlash, a data specialist told a webinar this week.

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Almost 40% of Amazon critical to climate remains unprotected -study

Published 10:32 on September 12, 2024  /  Last updated at 10:32 on September 12, 2024  / /  Americas, Biodiversity, Nature-based, South & Central, Voluntary

Nearly 40% of the Amazon rainforest areas considered crucial for addressing the climate crisis still lack proper legal protection, with approximately 10.9 million hectares at potential risk, said a report released Thursday.

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Brazilian carbon developer to market Indigenous-focused biodiversity credits at COP16

Published 12:31 on September 11, 2024  /  Last updated at 12:31 on September 11, 2024  / /  Americas, Biodiversity, South & Central

A Brazilian carbon developer and two organisations working with Indigenous communities are piloting a biodiversity credit project in the Amazon state, with two European companies interested in purchasing units after COP16, Carbon Pulse has learned.

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Tech firm delays launch of biodiversity credit framework due to market uncertainties, completes seed funding round

Published 11:42 on September 10, 2024  /  Last updated at 19:28 on September 11, 2024  / /  Biodiversity, EMEA, Nature-based, Voluntary

A Switzerland-based digital carbon standard has decided to delay the takeoff of its biodiversity credit framework due to market uncertainties, expecting to launch the programme within the next 12-18 months.

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Philippines govt, UN agency launch €104-mln initiative to support sustainable farming

Published 12:20 on September 9, 2024  /  Last updated at 12:20 on September 9, 2024  / /  Asia Pacific, Biodiversity, Other APAC

A UN agency and the government of the Philippines announced today the launch of an over €100-million project to support local farming communities and protect the country’s fragile ecosystems.

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Forest biodiversity unit pilot launches in Congo

Published 10:59 on September 6, 2024  /  Last updated at 10:59 on September 6, 2024  / /  Africa, Biodiversity, EMEA

A pilot in the Republic of Congo that aims to generate climate and biodiversity units under the High Integrity Forest Investment Initiative (HIFOR) has been launched by a US-based NGO.

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