ANALYSIS: 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.
Read MoreVerra opens applications for Nature Framework expert panel
Crediting standard Verra has opened applications for a panel of biodiversity experts that will be tasked with reviewing projects under its Nature Framework, the company announced Thursday.
Read MoreBrazilian state, national development bank launch $9.5 mln notice for Atlantic Forest restoration
A Brazilian state and the country’s national development bank announced Wednesday the launch of a public notice of up to R$60 million ($9.5 mln) to support about 30 local ecological restoration projects in the Atlantic Forest biome.
Read MoreINTERVIEW: French biodiversity credit scheme risks incentivising offsetting over impact avoidance
The voluntary biodiversity credit scheme announced in France could incentivise offsetting over the reduction and avoidance of impacts on nature, as the underlying rules have raised serious doubts over their effectiveness in recent years, a biodiversity consultant has told Carbon Pulse.
Read MoreNew study could ‘lay the groundwork’ for biodiversity credit markets, author says
A soon-to-be-released method has proven effective in detecting hundreds of species in the Amazon combining AI and remote devices, with researchers planning to implement it globally in a way that could support science-based nature markets, the project leader told Carbon Pulse.
Read MoreDeep shifts in tackling biodiversity crisis can unlock business opportunities in the trillions, report finds
Fundamental shifts in how the world deals with the biodiversity crisis are urgently needed to halt and reverse nature loss, and could generate over $10 trillion in business opportunity value if implemented immediately, according to a report released Wednesday by the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES).
Read MoreFEATURE: Why Trump’s return might not derail the global nature agenda
US President-elect Donald Trump’s influence on the global nature agenda may be limited, with policy leaders in areas such as Europe continuing to strengthen action on biodiversity risks unabated, according to experts.
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