COP16: Trio releases high-level principles for biodiversity credit market
Three international organisations on Wednesday released a set of 21 high-level principles (HLPs) for biodiversity credits in a move designed to encourage the multitude of global market initiatives to align with a set of collective fundamentals.
Read MoreCOP16: Colombia eyes regulated carbon, biodiversity markets to meet nature financing targets under updated NBSAP
Colombia plans to rely on regulated carbon and biodiversity credit markets to meet its financing targets under its newly released National Biodiversity Strategy and Action Plan (NBSAP), government officials told Carbon Pulse at the ongoing COP16 UN biodiversity summit.
Read MoreEnvironment Bank partners with Barclays to sell BNG units
UK-headquartered conservation company Environment Bank has partnered with Barclays bank to hasten the biodiversity net gain (BNG) policy uptake among England-based farmers and house builders.
Read MoreWorld nears dangerous tipping points as wildlife populations collapse, WWF says
The decline in global wildlife populations accelerated between 2018 and 2020, according to a scientific assessment published on Thursday by the WWF, which warned that the world is fast approaching irreversible tipping points for nature and climate.
Read MorePREVIEW: High expectations that COP16 can boost demand for biodiversity credits
Scaling the voluntary biodiversity credit market, including through establishing a global framework to ensure integrity, will be among the core topics of discussion at the upcoming COP16 in Colombia, as standards and early movers see the summit as an opportunity to unlock corporate demand.
Read MoreBiomass production threatens 10 mln ha of forests in Indonesia, study says
Over 10 million hectares of intact tropical forests in Indonesia are threatened by biomass power developments, including 127 Key Biodiversity Areas, according to a report.
Read MoreQuebec announces C$922 mln biodiversity action plan
The government of Quebec, in Canada, has announced a C$922 million ($676 mln) action plan to advance nature protection and restoration across the province.
Read MorePREVIEW: COP16 ‘temperature check’ for world’s pledges on nature
Delegates from nearly 200 countries will gather in Colombia at the end of this month for the COP16 biodiversity summit, in what observers call “a temperature check” for the world’s pledges on nature, amid political divisions on finance mobilisation threatening to hamper the implementation of the landmark Global Biodiversity Framework (GBF).
Read MoreBNG metric fails to capture invertebrate biodiversity, study says
The metric used for implementing England’s biodiversity net gain (BNG) policy does not accurately capture invertebrate biodiversity abundance, a pre-print paper has suggested.
Read MoreWestern Australian govt announces first nature tech accelerator cohort
The government of Western Australia announced Friday the first cohort of six early-stage nature tech startups that will receive seed capital and expert support to scale their businesses under a newly launched accelerator programme.
Read More