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biodiversity credit marketScienceBlog.com
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90% Informative
New analysis demonstrates the challenges involved with devising a biodiversity credit market to fund nature recovery, and the risks of relying too heavily on offsetting’ Nature conservation faces an estimated $700 billion annual funding gap, in order to halt and begin to reverse global biodiversity loss.
There has been an explosion in the number of actors who are beginning to develop or sell biodiversity credits.
Biodiversity credit markets can only be positive for biodiversity if they are used with strict regulation, Dr Wauchope said.
If biodiversity credits are purchased, it should be to quantify positive contributions rather than as direct offsets.
There will remain an important role for direct investment in nature by the public and private sectors.
VR Score
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