German billionaire sets up $1.5-bln nature fund
A German fintech billionaire has set up a $1.5-billion nature conservation fund through his family office to combat the mass extinction of species and help meet the Global Biodiversity Framework target of protecting 30% of the world’s land and oceans by 2030.
Read MoreJapanese firms partner to develop TNFD-aligned voluntary biodiversity credits
A Tokyo-headquartered asset management firm has teamed up with a tech company to create voluntary credits aligned with the Taskforce on Nature-based Financial Disclosure’s reporting framework, focusing on Japan at first but eyeing international expansion later.
Read MoreAustralian developer to design NRM methodology for wildlife sanctuaries
A project developer is planning to draw up a methodology for wildlife sanctuaries under Australia’s Nature Repair Market, hoping to earn voluntary biodiversity credits to fund the protection of rare and threatened species.
Read MoreTrading platform to list Terrasos biodiversity credits
A US-based environmental trading platform will start listing voluntary biodiversity credits generated by Colombian company Terrasos.
Read MoreAustralian market administrator joins nature positive partnership
An independent environmental markets administrator in Australia has joined a broad partnership that is in the process of bidding for government funding to launch an initiative to drive investments in nature positive carbon, biodiversity, and natural capital initiatives.
Read MoreChina sets course for corporate involvement, expansive investment mechanisms in 2030 biodiversity action plan
China on Thursday published its National Biodiversity Strategy and Action Plan (NBSAP) under the Global Biodiversity Framework (GBF), confirming its 30% nature protection target while eyeing far-reaching regulatory reforms and a broad range of funding options for ecosystem conservation and restoration.
Read MoreDavos 2024: Global miners vow to halt biodiversity loss, restore landscapes
A group of companies making up a third of the global mining and metals industry on Wednesday committed to taking actions that will halt their negative impact on biodiversity by 2030 and support a nature positive future.
Read MoreChina’s Guangdong adds three sectors to regional ETS, releases permit allocation plan
China’s Guangdong has expanded the coverage of the regional emissions trading scheme to cover three additional emissions-intensive sectors for the current compliance period as the economic hub seeks to strengthen its carbon market.
Read MoreUK nature start-up to launch own biodiversity credit standard
A UK-based nature start-up launched this week with plans to carry out ecological restoration projects and develop its own voluntary biodiversity credit standard to drive private investment.
Read MoreChina ETS gets clout boost as State Council approves regulations
China’s State Council on Friday approved regulations for the national emissions trading scheme, adding bureaucratic clout to the scheme, which so far only has been formally backed at ministerial level.
Read More