Investor outlines much-needed changes in rapidly evolving biodiversity market
Investor and advisory firm Pollination has identified a series of areas where the fledgling, but fast-evolving biodiversity credit market needs or is likely to see significant developments in coming years.
Read MoreUS outfit launches sheep grazing credits for vineyard systems
Regen Network has established an environmental stewardship credit class for sheep grazing on vineyards, with a first batch of units issued to an estate in California.
Read MoreGlobal initiative targets $12 bln in public, private finance to protect and restore coral reefs
An international network that includes 45 countries has launched the Coral Reef Breakthrough, planning to raise at least $12 billion in public and private finance this decade to stop the drivers of coral reef loss and accelerate restoration.
Read MoreThink tank develops blue recovery bond framework to tackle overfishing
Financial think tank Planet Tracker has developed a theoretical framework for a blue recovery bond that would allow investment in blue recovery bonds to fund fisheries that reduce or completely stop fishing in designated areas while stocks recover.
Read MoreFlyway to heaven: Initiative eyes new bond to secure better future for America’s migratory birds
Two bird conservation groups and the Development Bank of Latin America and the Caribbean (CAF) are seeking to raise $3-5 billion over the next decade, including through a new bond, to launch more than 30 projects to reverse the decline of migratory birds in the Americas.
Read MorePacific island nation to sell conservation certificates to fund marine protection
The small island nation of Niue will sell certificates, dubbed Ocean Conservation Commitments (OCCs), to help protect its marine areas, targeting $18 million in funding.
Read MoreChina approves offset market framework, paving way for imminent relaunch of CCER scheme
China’s Ministry of Ecology and Environment (MEE) on Friday evening announced it had approved, in principle, a set of administrative measures that will underpin the relaunch of its national carbon offset programme, which has been suspended for more than six years.
Read MoreAustralia cancels 700 mln carbon credits to close Kyoto loophole
Australia announced on Friday it has cancelled its more than 700 million remaining Kyoto Protocol-era carbon credits to make sure no future government will be able to use them towards the country’s commitments under the Paris Agreement.
Read MoreImpact loan to set Philippines MPAs on track to economic independence
The philanthropy arm of asset manager UBS has provided an impact loan designed to enable the manager of a group of essential Marine Protected Areas (MPAs) in the Philippines to implement a number of revenue-generating initiatives, in what the parties say is a transformative deal for ocean conservation.
Read MoreNew Zealand outfit adds more biodiversity credit types
A New Zealand-based company on Wednesday announced it has launched biodiversity action credits tied to the conservation of two species of bird around the Southern Lakes Sanctuary on the country’s South Island, to add to its existing offerings.
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