GEF Council gives green light to $730-mln spending as pressure mounts on GBF Fund to deliver
The Global Environment Facility (GEF) Council has approved the spending of $736.4 million on hastening efforts to tackle biodiversity loss, climate change, and chemicals and waste pollution, as its CEO urged rich countries to ramp up contributions to the Global Biodiversity Framework Fund (GBFF).
Read MoreTNFD, ESRS release joint guidelines on corporate reporting
The Taskforce on Nature-related Financial Disclosures (TNFD) and the European Sustainability Reporting Standards (ESRS) released Thursday joint guidelines to support companies in their nature-related disclosures, highlighting the alignment between the two frameworks.
Read MoreUBS invests in impact data provider to advance nature-related disclosures
Swiss bank UBS has invested in impact data and analytics provider GIST Impact to back its expansion, with a focus on bolstering support for nature-related corporate disclosures among companies and investors.
Read MoreIndigenous-led organisation says communities want to explore biodiversity credits
An Indigenous-led organisation has released guidelines to mobilise funding for First Nations’ nature conservation efforts in Canada, with biodiversity credits among the financing mechanisms that should be explored.
Read MoreGEF Council agrees $170-mln spending on biodiversity
The Global Environmental Facility (GEF) Council approved Tuesday a $500 million spending package on environment, including nearly $170 mln on efforts to tackle biodiversity loss.
Read MoreConservation charity releases standard for certifying biodiversity uplift
A UK-based conservation charity released Tuesday a site-based biodiversity standard applicable to all land management projects, including habitat restoration, tree planting, and agroforestry initiatives.
Read MoreGlobal credit market could slash costs of ocean conservation by 98%, study says
Establishing a voluntary market-based scheme that allows countries to trade ocean conservation credits could reduce the costs of marine protection by up to 98%, incentivising governments to achieve their biodiversity targets, a paper has said.
Read MoreWithout mindset change, biodiversity credits are only good for marketing, Landbanking Group founder says
A radical mindset change in how companies address their dependencies on nature is key to ensuring biodiversity credits emerge as an effective solution to tackle ecosystem and species loss, the founder of Germany-based tech startup Landbanking Group told Carbon Pulse.
Read MoreUK govt-linked voluntary biodiversity credit scheme eyes expansion
The UK’s first voluntary biodiversity credit scheme is set to expand over the next two months, with 10 projects ready to be added to the newly-established framework, Carbon Pulse has learned.
Read MoreWRI-led initiative drafts strategy to restore 50 mln hectares in Latin America by 2030
A regional partnership seeking to advance nature conservation efforts in Latin America and the Caribbean has drafted a new strategy to meet the ambitious goal of protecting and restoring 50 million hectares of land by 2030.
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