World has entered era of water bankruptcy, UN scientists say
A group of UN scientists has warned that the world has entered an era of water bankruptcy, with some regions across the Global South already facing irreversible damage.
Read MoreINTERVIEW: Former IMF economist urges ECB to accept EU nature credits as collateral
The European Central Bank (ECB) should consider accepting nature credits as collateral once an EU market is set up, as this would help unlock private financing towards biodiversity protection, a former economist at the International Monetary Fund (IMF) told Carbon Pulse.
Read MoreAchieving 30×30 biodiversity target could protect two-thirds of species, study says
Achieving the Kunming-Montreal Global Biodiversity Framework (GBF) target of conserving 30% of land and sea by 2030 would contribute to protecting up to two-thirds of all species globally, according to a paper.
Read MoreAustralia’s NSW identifies new priority conservation areas under biodiversity offset scheme
The New South Wales (NSW) government in Australia has published a nature investment strategy, targeting new priority conservation areas under its biodiversity offsetting scheme.
Read MoreLatin America holds immense potential for OECMs, says WWF
Other Effective area-based Conservation Measures (OECMs) offer a great opportunity to streamline nature protection efforts across Latin America, though safeguards must be in place to ensure Indigenous rights are respected, according to a WWF report.
Read MoreANALYSIS: Behind the scenes of a nascent market – EU experts set nature credit priorities
Regulating offsetting and ensuring alignment with carbon farming and the Nature Restoration Law (NRL) are emerging as key issues for the newly established EU expert group on nature credits, with some members raising concerns to Carbon Pulse over corporate representation at the table.
Read MoreStudy urges improved assessment of biodiversity impact on financial stability
Integrating remote sensing data, advancing macroeconomic modelling, and better pricing marine-related risk are among the actions that must be taken to improve the assessment of biodiversity impacts on the financial system, a paper has said.
Read MoreClimate, biodiversity risks dominate long-term outlook but not near term -WEF
The impacts of the climate and biodiversity crises ranked as the greatest global risks over the next decade for the second year in a row, but were significantly deprioritised in the short term by leaders, according to a World Economic Forum (WEF) report.
Read MoreOil and gas permits span 690,000 sq. km of protected areas worldwide -report
Oil and gas licences encroach on over 690,000 square kilometres of protected areas (PAs), an area bigger than the size of France, according to an investigation published on Thursday.
Read MoreCarbon standard, intergovernmental group team up to strengthen nature-based markets in Asia
A Qatar-headquartered carbon standard on Wednesday announced it has partnered with an intergovernmental group to support the development of nature-based carbon markets across Asia.
Read More