Over a third of EU economy highly dependent on ecosystem services, report says
Over one-third of the EU’s gross value added (GVA) is highly dependent on ecosystem services, according to a report from the European Commission’s Joint Research Centre (JRC).
Read MoreINTERVIEW: This year’s ocean conferences key steps for scaling marine biodiversity credit market
Upcoming major ocean conferences will be crucial to lay the groundwork for scaling the emerging marine biodiversity credit market, an expert told Carbon Pulse.
Read MoreMost biodiversity offset flaws can be addressed, paper says
Most of the problems with biodiversity offsets are solvable, although some remain particularly difficult due to power dynamics, an academic paper has said.
Read MoreAustralia finalises first Nature Repair Market method, biodiversity instrument
Australia has released the final version of its first new method for the voluntary Nature Repair Market (NRM) allowing project developers to earn biodiversity certificates, the government said Monday.
Read MoreCarbon Pulse continues to strengthen reporting teams with new hires, promotions
Carbon Pulse has further strengthened its team of carbon market, climate policy, nature, and biodiversity reporters with a series of new hires and internal promotions.
Read MoreCOP16: Countries strike last-gasp deal on nature finance
Countries at the resumed COP16 UN biodiversity summit late Thursday reached a hard-fought agreement on a plan to mobilise finance for nature, in a decision that draws a line under months of tensions despite delaying critical steps to bridge the existing funding gap by the end of the decade, according to observers.
Read MoreFEATURE: EU omnibus proposals for nature reporting are “dangerous”
Stakeholders have strongly opposed the proposed two-year delay and the exclusion of smaller businesses from the Corporate Sustainability Reporting Directive (CSRD), arguing that these changes weaken market signals necessary to address the biodiversity crisis.
Read MoreScottish govt releases plan to scale nature financing
The Scottish government has released a plan outlining actions to drive financing towards biodiversity protection across the country, including developing an Ecosystem Restoration Code to scale up market-based investment.
Read MoreGoldman Sachs Asset Management launches biodiversity bond fund
Goldman Sachs Asset Management announced on Thursday the launch of a global biodiversity bond fund to address investors’ increasing interest in nature, the firm has said.
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