Australian govt urged to clarify biodiversity crediting rules for projects on private land
Australian landowners can generate biodiversity credits from conservation or restoration activities on their private plots under the country’s Nature Repair Market (NRM), but the government should decide what happens to units when land is sold, according to academics.
Read MoreVoluntary biodiversity credits sell less than $100k in May -report
May saw $85,000 in voluntary biodiversity credit sales, down from $280,000 in April but with many more named buyers in transactions led by New Zealand companies, said a report on Tuesday.
Read MoreIUCN launches EU-funded nature credit initiative
The International Union for Conservation of Nature (IUCN) has launched a project to assess the potential and challenges of nature credits in three EU member states.
Read MoreColombia regulates offsetting mechanism of national plastics tax
The Colombian Ministry of Finance and Public Credit published a decree regulating the offsetting mechanism for the national tax on single-use plastics.
Read MoreUK consultancy acquires digital nature marketplace
A UK-based consultancy has acquired an online marketplace focused on enabling companies to invest in environmental enhancement and nature recovery.
Read MorePlan Vivo releases principles on stacking biodiversity, carbon credits
UK-based standard setter Plan Vivo has released a set of principles on the ‘stacking’ of biodiversity and carbon credits, where separate unit types are issued from the same area.
Read MoreIndonesian govt, UNDP to launch biodiversity credit pilot in Sumatra
The Indonesian government and the UN Development Programme’s (UNDP) Biofin initiative are seeking an organisation to pilot biodiversity credits on the island of Sumatra.
Read MoreEngland’s most nature-deprived areas hardest hit by biodiversity net gain changes, loopholes -report
Almost 7.5 million people in England have no meaningful access to green space, according to a report released this week suggesting these same nature-deprived communities have the most to lose from proposed changes to, and current loopholes within, the UK’s biodiversity net gain (BNG) policy.
Read MoreUK’s National Grid seeks nature, carbon suppliers to support environmental goals
The London-headquartered energy company National Grid launched an initiative this week, calling for carbon and nature developers – including those providing offsite biodiversity net gain (BNG) – to join its new supplier pool.
Read MoreFinancing supports expansion of US stream and wetland restoration platform
A US mitigation banking platform has secured financing to support the expansion of its portfolio of stream and wetland restoration assets.
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