Microsoft to deploy AI-powered biodiversity monitoring tool next year
Microsoft has announced an AI-powered device aimed at improving biodiversity monitoring, with plans to make it available worldwide in 2025.
Read MoreIndia witnesses marginal rise in green cover, decline in mangrove area -report
India’s forest and tree cover has increased since 2021 and stands at 827,357 square kilometres or around 25% of the country’s total geographical area, according to a government report released Saturday.
Read MoreUAE-based company issues $100-mln bond to advance marine conservation
A Dubai-headquartered logistics company has issued a $100-million bond to support marine conservation projects, claimed to be the first of its kind in the MENA region.
Read MoreBIOFIN sets out actions to scale biodiversity credit market in Colombia
Scaling the voluntary biodiversity credit market could help Colombia bridge the financing gap on ecosystem services preservation, though steps must be taken to improve integrity and unlock corporate investments, the UN Biodiversity Finance Initiative (BIOFIN) has said.
Read MoreGEF Council ringfences nearly $700 mln for biodiversity protection, chemical management in developing countries
The Global Environment Facility (GEF) Council has approved nearly $700 million in financing to support developing countries in enhancing chemicals and waste management and protecting biodiversity.
Read MoreINTERVIEW: High expectations for governments to back biodiversity markets in 2025
The ongoing environmental crises are unlikely to be solved unless crediting schemes move beyond just carbon, with governments now tasked with starting establishing common metrics on biodiversity to back the market uptake, a researcher at the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) told Carbon Pulse.
Read MoreANALYSIS: 2024 ends in frustration for nature with trust among countries at low ebb
Frustration over inaction on the nature crisis has built following the overall poor outcomes of this year’s international talks, in what is described as an unprecedented climate of distrust, with observers arguing 2025 could be critical for global efforts on biodiversity.
Read MoreSouth Korea to phase down subsidies for biomass due to environmental concerns
South Korea announced Wednesday it will phase down subsidies for private and state-owned biomass facilities following widespread criticism over their impact on climate as well as the industry’s role in fuelling deforestation.
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