Recycling shifts focus away from effective ways to tackle plastic crisis -report

Published 09:00 on June 19, 2024  /  Last updated at 13:01 on June 14, 2024  / Bryony Collins /  Africa, Americas, Asia Pacific, Biodiversity, EMEA, International, Voluntary

Industry promotion of recycling through instruments like plastic credits distracts from the urgent need to reduce overall production, with less than 10% of plastic recycled globally, according to a sustainable finance think-tank.

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Indigenous-led organisation says communities want to explore biodiversity credits

Published 13:28 on June 19, 2024  /  Last updated at 13:28 on June 19, 2024  / Sergio Colombo /  Americas, Biodiversity, Canada

An Indigenous-led organisation has released guidelines to mobilise funding for First Nations’ nature conservation efforts in Canada, with biodiversity credits among the financing mechanisms that should be explored.

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Biodiversity Pulse: Tuesday June 18, 2024

Published 17:27 on June 18, 2024  /  Last updated at 17:27 on June 18, 2024  / Carbon Pulse /  Biodiversity, Newsletters

A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

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GEF Council agrees $170-mln spending on biodiversity

Published 17:22 on June 18, 2024  /  Last updated at 17:22 on June 18, 2024  / Sergio Colombo /  Biodiversity, International

The Global Environmental Facility (GEF) Council approved Tuesday a $500 million spending package on environment, including nearly $170 mln on efforts to tackle biodiversity loss.

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Conservation charity releases standard for certifying biodiversity uplift

Published 13:17 on June 18, 2024  /  Last updated at 13:17 on June 18, 2024  / Sergio Colombo /  Biodiversity, International

A UK-based conservation charity released Tuesday a site-based biodiversity standard applicable to all land management projects, including habitat restoration, tree planting, and agroforestry initiatives.

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Australian govt ringfences A$28.5 mln to restore the Great Barrier Reef

Published 12:03 on June 18, 2024  /  Last updated at 12:03 on June 18, 2024  / Giada Ferraglioni /  Asia Pacific, Australia, Biodiversity

The Australian federal Labor government announced Tuesday an allocation of A$28.5 million ($18.9 mln) to support the restoration and rehabilitation of coastal habitats on the Great Barrier Reef.

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Biodiversity among top concerns for companies under CSRD requirements, PwC survey shows

Published 13:36 on June 17, 2024  /  Last updated at 13:36 on June 17, 2024  / Giada Ferraglioni /  Biodiversity, EMEA, International

Biodiversity is among the biggest concerns for companies grappling with corporate disclosures, with a quarter of them lacking confidence in their ability to meet the requirements set out by the EU’s Corporate Sustainability Reporting Directive (CSRD), a PwC survey has revealed.

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Global credit market could slash costs of ocean conservation by 98%, study says

Published 13:16 on June 17, 2024  /  Last updated at 13:16 on June 17, 2024  / Sergio Colombo /  Americas, Biodiversity, International, US

Establishing a voluntary market-based scheme that allows countries to trade ocean conservation credits could reduce the costs of marine protection by up to 98%, incentivising governments to achieve their biodiversity targets, a paper has said.

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UPDATE – EU gives final green light to Nature Restoration Law in ‘historic’ move

Published 10:41 on June 17, 2024  /  Last updated at 16:53 on June 18, 2024  / Emanuela Barbiroglio /  Biodiversity, EMEA

EU environment ministers agreed on Monday to green-light a regulation that aims to restore natural habitats, ending a year-long legislative back-and-forth in what campaigners hailed as an “historic step” in the fight against the biodiversity and climate crises.

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Without mindset change, biodiversity credits are only good for marketing, Landbanking Group founder says

Published 07:20 on June 17, 2024  /  Last updated at 07:20 on June 17, 2024  / Sergio Colombo /  Biodiversity, EMEA, International

A radical mindset change in how companies address their dependencies on nature is key to ensuring biodiversity credits emerge as an effective solution to tackle ecosystem and species loss, the founder of Germany-based tech startup Landbanking Group told Carbon Pulse.

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