COP28: Potential for price floors and integral role of Indigenous Peoples central to discussions on biodiversity credits
Indigenous Peoples and local communities need to be at the heart of developing an effective and equitable biodiversity market due to the key role they play as stewards of biodiversity-rich land, while the introduction of a credit price floor could help ensure an equitable approach here, said speakers from the International Advisory Panel on Biodiversity Credits at COP28 today.
Read MoreAustralia establishes nature investment advisory body
The federal Australian government has announced an advisory group to encourage business to invest in nature repair, it announced Monday, as it looks to pass its Nature Repair Market (NRM) legislation in parliament this week.
Read MoreCOP28: European donors announce cash for Blue Mediterranean Partnership
Partners and backers of the Blue Mediterranean Partnership on Saturday announced €9.5 million in new funding for the initiative, with additional funding expected to materialise over the next few months as efforts are geared up to support the marine biodiversity hotspot.
Read MoreCOP28: Initiative launches in bid to bring Indigenous knowledge to the heart of global biodiversity planning
A new initiative has launched on sidelines of COP28 in Dubai that will seek to combine Indigenous knowledge and mapping technology to help governments in their efforts to protect 30% of their terrestrial and marine areas by 2030.
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 MoreNature target-setting framework for asset managers and owners launched
A framework to help asset managers and asset owners set targets for nature has been launched by the Finance for Biodiversity Foundation (FfB).
Read MoreWEF: Biodiversity credit demand could reach $180 bln by 2050 in radical future
Demand for biodiversity credits could reach $180 billion annually by 2050 if a radical transformation in valuing nature happens, the World Economic Forum (WEF) has said.
Read MoreAustralian govt seeks to finalise Nature Repair Market recommendation report on Monday, Senate documents show
The Australian government is making moves in the Senate to get a report into its Nature Repair Market legislation finalised on Monday, some five months ahead of its official deadline.
Read MoreIndigenous Peoples-led nature credit framework launched by Pollination arm
A voluntary nature credit development framework led by Indigenous Peoples and local communities (IPLCs) has been launched by Pollination Foundation.
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