Integrity trumps price as voluntary biodiversity market shows early signs of growth -report
Demand for voluntary biodiversity credits is being shaped more by integrity than price as the market moves from scheme design to early commercial activity, a new report has said.
Read MoreBRIEFING: Nature credit projects face credibility test amid monitoring, additionality concerns
Many voluntary nature credit projects fail to meet the minimum due diligence standards, with the biggest issues regarding baselining, permanence, and additionality, experts told a webinar on Wednesday.
Read MoreEU Nature Restoration Law needs dedicated funding to succeed, report says
The EU member states will struggle to enforce the Nature Restoration Regulation (NRR) unless the European Commission allocates dedicated funding in the bloc’s upcoming long-term budget, according to a new report.
Read MoreSociete Generale invests €100 mln in nature-based solutions fund
France-headquartered multinational bank Societe Generale has pledged €100 million to a fund aimed at supporting nature-based solutions (NbS) projects worldwide.
Read MoreFinnish organisation to set up buyers’ club for nature credits
A Finnish landowners’ association has announced plans to set up a buyers’ club for nature credits as part of its efforts to support market uptake in the country.
Read MoreUK firm unveils tool to help companies prioritise biodiversity action
A UK-based nature data company on Tuesday unveiled a tool aimed at helping organisations prioritise action on biodiversity across different sites, regions, and commodities.
Read MoreIUCN launches EU-funded nature credit initiative
The International Union for Conservation of Nature (IUCN) has launched a project to assess the potential and challenges of nature credits in three EU member states.
Read MoreMajor insurers back LNG expansion in marine biodiversity hotspot
Most of the world’s biggest insurers have refused to rule out support for the expansion of liquefied natural gas (LNG) infrastructure in the Coral Triangle, despite evidence of the threat it poses to marine biodiversity, according to a new report.
Read MoreBiodiversity loss could trigger sovereign downgrades, add $162 bln to debt costs -study
Biodiversity loss could trigger sovereign downgrades worldwide, leading to a total increase in annual debt interest payments of $162 billion, according to a new paper.
Read MoreIndonesian govt, UNDP to launch biodiversity credit pilot in Sumatra
The Indonesian government and the UN Development Programme’s (UNDP) Biofin initiative are seeking an organisation to pilot biodiversity credits on the island of Sumatra.
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