EU sees increased pressure from landowners to sort out OECMs
Private landowners are increasingly pushing for the EU to clarify how and to what extent Other Effective area-based Conservation Measures (OECMs) will be part of the bloc’s biodiversity strategy, a European Commission official told a webinar this week.
Read MoreCOP28: French developer secures nature-based projects in the Philippines, Nigeria
A French project developer has agreed terms with local authorities to develop projects in the Philippines and Nigeria that are expected to generate tens of millions of carbon credits over coming decades.
Read MoreCOP28: African Development Bank backs own adaptation mechanism over biodiversity credits
A voluntary biodiversity credit market would come with a number of risks, and nations should instead require corporates to pay towards climate adaptation and nature measures, a representative for the African Development Bank (AfDB) said on the sidelines of COP28 Tuesday, as the bank hopes to get the adaptation mechanism it has pushed for years to get approved at the talks.
Read MoreCOP28: Major development banks to ramp up sustainability-linked funding to battle nature loss, climate change
A group of eight multilateral development banks and development finance institutions have teamed up to launch a task force to accelerate sustainability-linked finance through approaches like debt-for-nature swaps.
Read MoreCOP28: ADB takes lead in $2-bln Asia-Pacific nature financing initiative
The Asian Development Bank has announced a nature solutions financing hub for the Asia-Pacific region aiming to attract at least $2 billion, with a number of other institutions and organisations expressing interest in participating.
Read MoreCercarbono releases broad biodiversity certification programme
Crediting standard Cercarbono has released for public consultation a broad programme that will allow a wide range of activities to earn voluntary biodiversity credits, covering terrestrial, marine, freshwater, wetland, and urban activities.
Read MoreScottish nature restoration consortium to develop biodiversity credits as part of funding solution
A consortium of groups and organisations in Scotland on Thursday announced an investment plan for a new restoration project that in part will rely on a partnership with a nature fintech platform that recently won a contract with the government to develop a biodiversity credit system.
Read MoreStudy warns against overreliance on IUCN Red List in conservation policies, funding
The IUCN Red List of Threatened Species is incomplete, partially outdated, and has several other limitations suggesting it should not play the critical role it does in determining conservation policy-making and funding for governments, NGOs, and philanthropists, a new study has claimed.
Read MoreFingers point at lobbyists as latest round of plastic talks come to barren end
A third round of plastic talks ended in Nairobi on Sunday, with negotiators failing to achieve the goal of agreeing a draft treaty text for approval next year and observers blaming excessive influence from fossil fuel and petrochemicals lobbyists.
Read MoreBetter prioritisation can make land protection to avoid mammal extinctions twice as effective, study finds
A new approach to deciding which areas get selected for protection can save almost twice as many mammals from extinction globally, a study has found, with more than half of the most crucial habitat located in just seven countries.
Read More