UK BNG nears £100 mln market value -report
The UK’s Biodiversity Net Gain (BNG) market has almost tripled in value over the past year to an estimated £93 million, with northern England emerging as the country’s largest source of biodiversity unit transactions despite hosting relatively few habitat banks, according to a report.
Read MoreANALYSIS: Market hopes new administration awakens giant dormant Colombia, key implementation questions loom
Colombia, a major player in voluntary and international environmental markets, is nearing the end of a presidential term that dealt the sector a major blow – but while the incoming president has raised hopes of a revival, questions remain over implementation.
Read MoreUK royal estate launches regenerative farming verification drive with 2035 target
A royal estate managing agricultural land across England has partnered with a regenerative agriculture verification provider to help its equipped farms adopt regenerative farming principles by 2035, it announced on Wednesday.
Read MoreMajor insurers still lagging on climate, nature commitments despite mounting risks -report
The world’s largest insurers continue to underwrite and invest in activities driving climate change and biodiversity loss, despite mounting evidence that these same risks are making large parts of the world increasingly difficult to insure, according to a report published on Tuesday.
Read MoreNGOs propose global ‘no-go’ mining framework for environmentally and culturally sensitive areas
A coalition of civil society organisations has proposed a framework identifying areas that should be permanently off-limits to mining, arguing that stronger safeguards are needed to prevent irreversible environmental damage and human rights violations as demand for critical minerals accelerates.
Read MoreMultilateral bank debuts in Swiss market with CHF 100 mln blue bond
The private-sector arm of the Inter-American Development Bank, IDB Invest, has priced its inaugural CHF 100 million ($123 mln) 10-year blue bond to finance marine ecosystem conservation in Latin America and the Caribbean, among other activities.
Read MoreBrazil, Mexico receive $500 mln package to accelerate industrial decarbonisation
A multilateral investment fund has approved $500 million in concessional finance for industrial decarbonisation programmes in Brazil and Mexico, making them the first countries to secure funding under the facility’s new Industry Decarbonisation Programme.
Read MoreChile receives $15 mln from World Bank’s forest carbon programme
Chile has received a $15 million results-based payment from the World Bank’s Forest Carbon Partnership Facility (FCPF) after verifying more than 3 mln tonnes of emissions reductions from native forests under its REDD+ programme.
Read MoreInternational organisation updates guidelines for ecological restoration
A US-based network of specialists published its revised guide for ecological restoration after seven years, updating definitions, monitoring frameworks, financing approaches, and the integration of Indigenous Knowledge.
Read MoreArgentinian province issues first credits under public subnational standard
One of Argentina’s provinces has issued the first carbon credits under its publicly-led standard to a biogas facility, it announced on Monday.
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