Australia’s Nature Repair Market faces calls for stronger offsetting safeguards
Two environmental non-profits have urged Australia’s government to ensure strong safeguards are in place before the country’s voluntary Nature Repair Market (NRM) opens up to offsetting.
Read MoreAustralian govt consults on updated offset standard
The Australian government has launched a public consultation on a framework aimed at guiding environmental offsetting projects throughout the country.
Read MoreSouth African banks falling behind on nature risks, WWF says
South African financial institutions are lagging behind in addressing nature-related risks, reflecting a broader lack of action among some of the country’s biggest companies, according to a WWF report.
Read MoreNGO flags gaps in Australia’s draft environmental standard
An Australian NGO has identified what it says are critical flaws in a package of regulations drafted by the federal government with the aim of curbing the impacts of developments on nature.
Read MoreNew Zealand launches assurance framework to scale voluntary carbon, nature markets
The New Zealand government on Monday unveiled its strategy to scale the country’s voluntary carbon and nature markets, focusing on unlocking private funding for restoration projects.
Read MoreADB targets nature, power grid investments under $30 bln ASEAN financing plan
The Asian Development Bank (ADB) plans to scale up investments in nature protection and the energy transition as part of a broader $30 billion financing initiative for Southeast Asian countries.
Read MoreFEATURE: Ecosystem condition emerges as leading metric for EU nature market
Ecosystem condition is emerging as a leading candidate metric to underpin the EU’s forthcoming market for nature credits, but its credibility will hinge on field validation as well as key methodological choices, according to observers.
Read MoreBRIEFING: Central banks urged to consider tighter rules to address nature-related financial risks
Central banks should step up their role in addressing nature-related financial risks, as biodiversity loss may eventually justify the use of hard tools such as higher capital requirements, according to experts.
Read MoreImpacts of deep-sea mining depend on seafloor habitat type, study shows
Deep-sea mining may have different impacts on biodiversity depending on the type of environment affected, with some ecosystems showing signs of partial recovery over time while others face greater uncertainty, according to a new study.
Read MoreUK fintech firm targets $1 bln for nature conservation with payments-linked tool
A UK fintech company has launched a tool to enable consumers to contribute to nature conservation efforts, with a target of channelling up to $1 billion towards environmental projects by 2030.
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