INTERVIEW: Boost in compliance biodiversity credit schemes after Cali needed to attract carbon players

Published 10:00 on November 4, 2024  /  Last updated at 09:42 on November 4, 2024  / /  Americas, Asia Pacific, Biodiversity, EMEA, Nature-based

The COP16 summit has the potential to drive an increasing number of governments to set up compliance nature credit schemes, which carbon players see as a key condition for swarming into the biodiversity space, a consultancy firm has told Carbon Pulse.

Read More

COP16: Brazilian organisation clinches deal to sell first biodiversity credits

Published 18:28 on October 31, 2024  /  Last updated at 18:28 on October 31, 2024  / /  Americas, Biodiversity, South & Central

A Brazilian organisation is set to market its first biodiversity credits generated through three separate projects across the country, with a philanthropic institution already committed to buying them.

Read More

COP16: Guterres urges governments to ramp up efforts on nature financing, national plans

Published 17:36 on October 30, 2024  /  Last updated at 17:36 on October 30, 2024  / /  Americas, Asia Pacific, Biodiversity, EMEA

Governments at the ongoing COP16 biodiversity summit must ramp up their efforts to break the deadlock on the toughest issues under discussion, as talks still hang in the balance with only two days to go, the UN secretary-general told a press conference on Wednesday.

Read More

COP16: ANALYSIS – Who wants to talk about debt?

Published 21:43 on October 29, 2024  /  Last updated at 21:43 on October 29, 2024  / and /  Americas, Asia Pacific, Biodiversity, EMEA

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. 

Read More

COP16: Verra unveils nature framework, plans to list first biodiversity credits in April

Published 16:00 on October 29, 2024  /  Last updated at 19:39 on October 28, 2024  / and /  Americas, Asia Pacific, Biodiversity, EMEA, Nature-based, Voluntary

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 More

COP16: Environmental consultancy releases global biodiversity metric

Published 21:00 on October 28, 2024  /  Last updated at 21:00 on October 28, 2024  / /  Americas, Asia Pacific, Biodiversity, EMEA

A Denmark-headquartered environmental consultancy on Monday released an open-access metric for measuring the biodiversity value of habitats on sites around the world, with potential applications in corporate disclosures as well as the emerging biodiversity credit market, the company told Carbon Pulse.

Read More

COP16: BRIEFING – IAPB framework unlikely to prevent international offsetting unless governments step in

Published 15:00 on October 28, 2024  /  Last updated at 17:47 on October 25, 2024  / and /  Americas, Asia Pacific, Biodiversity, EMEA

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 More

COP16: International panel releases framework for biodiversity credit markets

Published 15:00 on October 28, 2024  /  Last updated at 17:39 on October 25, 2024  / and /  Americas, Asia Pacific, Biodiversity, EMEA

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 More

COP16: Biodiversity credit standard launches with focus on forest production landscapes

Published 22:07 on October 26, 2024  /  Last updated at 22:07 on October 26, 2024  / /  Americas, Asia Pacific, Biodiversity, EMEA

A Swedish consortium on Saturday announced a global biodiversity credit standard focused on production landscapes, with plans to establish an independent, non-profit standard-setting organisation within six months.

Read More

COP16: African organisation, German nature tech outfit to market $35 mln of nature units

Published 18:27 on October 26, 2024  /  Last updated at 18:27 on October 26, 2024  / /  Africa, Biodiversity, EMEA

Africa’s largest conservation organisation and a Germany-based nature tech company are set to issue 14,000 nature units, for a total value of approximately $35 million, generated through conservation projects across four African countries, Carbon Pulse has learned.

Read More