Australia could fix landscapes with just 0.3% of GDP in funding -scientists
Australia could mend much of its degraded landscapes by directing A$7.3 billion ($4.8 bln) in funding per year, equivalent to 0.3% of GDP, a group of scientists said in ‘first-of-its-kind’ in-depth investment analysis on Wednesday.
Read MoreUK authorities could open developers up to “commercial ransom” under biodiversity rules
Local authorities could expose developers to exploitation from landowners, with worse outcomes for nature and housing, if they force the purchase of nature offsets nearby rather than sourcing them from more distant areas under England’s biodiversity net gain (BNG) legislation, an expert has said.
Read MorePlan emerges to buy biodiversity net gain units 200 miles from development
A plan submitted for buying units representing habitat uplift, under England’s biodiversity net gain (BNG) scheme, could be the first of its kind, said a lawyer.
Read MoreBanks must tackle nature loss through circular economy, UNEP FI says
The UN Environment Programme Finance Initiative (UNEP FI) on Thursday launched a guide to help banks implement a circular economy as what it said is a critical way of conserving nature, combatting pollution, and reaching net zero.
Read MoreWWF asks International Court of Justice to establish biodiversity duty
WWF has called on the UN’s International Court of Justice (ICJ) to establish a duty for countries to stop harming biodiversity as part of their obligations to address the climate crisis.
Read More307 local authorities processing biodiversity net gain applications in UK, lawyer says
Some 307 out of 327 local planning authorities are processing applications from developers linked to England’s biodiversity net gain (BNG) scheme, in a sign the market is beginning to function, a lawyer has said.
Read MoreOver 130 businesses call for stronger nature policy before COP16
Some 132 businesses and financial institutions with combined annual revenues of $1.1 trillion have called for the governments of the world to strengthen their nature policies in the build-up to biodiversity conference COP16.
Read MoreInvestors have simpler ways of making money than biodiversity, research suggests
Some investors find making money through biodiversity too complicated compared to more traditional means, a pre-print paper has suggested.
Read MoreFEATURE: The big opportunity of insetting for biodiversity markets
Many actors in biodiversity see the largest opportunity for biodiversity markets in ‘insetting’, a way of directly supporting nature in their supply chains while potentially generating biodiversity credits, as an alternative to offsetting.
Read MoreNature project incubator focused on stimulating demand, advisor says
Stimulating demand for nature-related projects is a key part of a programme for making English nature projects more investable, a financial advisory company has said.
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