Living Carbon’s Post

The rise of Nature Markets: "England is launching a biodiversity credit scheme this week that attempts to force all new road and housebuilding projects to benefit nature, rather than damage it. The “nature market”, called biodiversity net gain (BNG), means all new building projects must achieve a 10% net gain in biodiversity or habitat. If a woodland is destroyed by a road, for example, another needs to be recreated. This can happen either on site or elsewhere.The requirement becomes law under the Town and Country Planning Act on 12 February for larger sites, and on 2 April 2024 for smaller sites."

Working on biodiversity can help build resilience of cities. It is complicated relationship of interdepency can be studied and put to use. https://lnkd.in/dYbQKNx9

The pros and cons of biodiversity net gain. The goal of biodiversity net gain is to protect, preserve and enhance the natural world. https://lnkd.in/e7mWhiZp #structuralengineering #biodiversity

The pros and cons of biodiversity net gain. The goal of biodiversity net gain is to protect, preserve and enhance the natural world. https://lnkd.in/e7mWhiZp #structuralengineering #biodiversity

It's challenging to quantify biodiversity. It's vast, encompassing everything from visible large mammals and trees to smaller organisms like insects, pollinators, and plants such as mosses, lichens, and mycorrhizal fungi. Understanding their roles can be complex at first glance. Yet, in today's economy, measuring biodiversity is essential to assess losses and take action. February 12th marks the implementation of a one such legislation in England: Biodiversity Net Gain (BNG). Under this law, every new development project must achieve a 10% net gain in biodiversity. For instance, if forest land is converted into a commercial complex, developers must ensure a 10% net gain in biodiversity to compensate for the loss. However, the primary focus should be on avoiding such diversions altogether, as biodiversity conservation and habitat creation are long-term processes. BNG holds promise in mitigating biodiversity loss, although challenges such as the extent of its effectiveness and potential conflicts between ecologists and developers remain, especially when both will need to work together in collaboration. Nevertheless, it's encouraging to see scientific research influencing policy decisions. In a world grappling with biodiversity loss and climate change, both interconnected challenges, dialogue and monitoring of legislation like BNG are crucial. As this legislation involves measuring biodiversity and ensuring gains, it serves as an intriguing pilot project with the potential to guide future initiatives. #Biodiversity #Conservation #environmentalpolicy #ClimateAction #Sustainability #BiodiversityNetGain #WildlifeConservation #EcosystemServices #NatureProtection

Useful summary on biodiversity credits, especially given the need to scale finance for nature. 👇

This article is based on Ramboll’s article by Kristin Halpin aimed to highlight the release of Americas Biodiversity Metric 1.0 to assist businesses & organisations in achieving their sustainability objectives, which include no net loss of biodiversity, net gain of biodiversity, and transitioning to a more nature-positive state 🍃 The metric includes more than 500 different types of habitat. Approximately 85,000 species live in these areas, 14,000 of which are uncommon, endangered, or threatened and is applicable to: 𝟭. 𝗕𝗶𝗼𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆 𝘃𝗮𝗹𝘂𝗲 𝗲𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵𝗶𝗻 𝗮 𝘀𝗶𝘁𝗲 𝗼𝗿 𝗱𝗲𝗳𝗶𝗻𝗲𝗱 𝗮𝗿𝗲𝗮. 𝟮. 𝗦𝗰𝗿𝗲𝗲𝗻𝗶𝗻𝗴 𝗯𝗶𝗼𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆 𝘃𝗮𝗹𝘂𝗲 𝗮𝗺𝗼𝗻𝗴 𝘀𝗲𝘃𝗲𝗿𝗮𝗹 𝘀𝗶𝘁𝗲𝘀 𝗮𝘀 𝗽𝗮𝗿𝘁 𝗼𝗳 𝘁𝗵𝗲 𝘀𝗶𝘁𝗲 𝘀𝗲𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗽𝗿𝗼𝗰𝗲𝘀𝘀. 𝟯. 𝗖𝗼𝗺𝗽𝗮𝗿𝗶𝗻𝗴 𝗯𝗶𝗼𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆 𝘃𝗮𝗹𝘂𝗲 𝗮𝗰𝗿𝗼𝘀𝘀 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 𝗹𝗮𝗻𝗱 𝘂𝘀𝗲 𝗱𝗲𝘀𝗶𝗴𝗻𝘀. 𝟰. 𝗖𝗼𝗺𝗽𝗮𝗿𝗶𝗻𝗴 𝗯𝗶𝗼𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆 𝘃𝗮𝗹𝘂𝗲 𝗯𝗲𝗳𝗼𝗿𝗲 𝗮𝗻𝗱 𝗮𝗳𝘁𝗲𝗿 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗿𝗲𝘀𝘁𝗼𝗿𝗮𝘁𝗶𝗼𝗻. 𝟱. 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝘁𝗹𝘆 𝗺𝗲𝗮𝘀𝘂𝗿𝗶𝗻𝗴 𝗮𝗻𝗱 𝗱𝗶𝘀𝗰𝗹𝗼𝘀𝗶𝗻𝗴 𝗻𝗼 𝗻𝗲𝘁 𝗹𝗼𝘀𝘀 𝗼𝗿 𝗯𝗶𝗼𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆 𝗻𝗲𝘁 𝗴𝗮𝗶𝗻 𝗰𝗹𝗮𝗶𝗺𝘀, 𝗶𝗻 𝗮𝗹𝗶𝗴𝗻𝗺𝗲𝗻𝘁 𝘄𝗶𝘁𝗵 𝗴𝗹𝗼𝗯𝗮𝗹 𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗳𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸𝘀 𝗮𝗻𝗱 𝗽𝗼𝗹𝗶𝗰𝗶𝗲𝘀. #AEC #Ramboll #Biodiversity #Nature #UK #Data

On 12th February 2024, England launched a biodiversity credit scheme that attempts to force all new road and housebuilding projects to benefit nature, rather than damage it. The “nature market”, called biodiversity net gain (BNG), means all new building projects must achieve a 10% net gain in biodiversity or habitat. If a woodland is destroyed by a road, for example, another needs to be recreated. This can happen either on site or elsewhere. The requirement became law under the Town and Country Planning Act on 12 February for larger sites, and on 2 April 2024 for smaller sites.

Reports are showing a 69% decrease in global wildlife populations since 1970. Reductions in biodiversity have cascading effects when left unchecked. Understanding the importance of biodiversity and taking action to protect it can make a real difference. This article does a great job at explaining the benefits of biodiversity to both the environment and how companies that embrace biodiversity may have unique opportunities available to them. https://lnkd.in/gCpncH_H #biodiversity #climatechange #sustainability

dammit.... we missed the opportunity to do a gushing post for World Biodiversity Day yesterday :/ while we wait another 364 days for the next opportunity, we did get a mention in Carbon Pulse yesterday for our biodiversity credits event, where Zoological Society of London (ZSL)'s James Pilkington discussed key challenges and lessons learned from the rhino bond that could be applied to biodiversity credits. it also features BeZero Carbon's Nick Atkinson's point during the panel discussion that rather than trying to quantify and track biodiversity in all its complexity and given we know the capacity for ecosystems to recover, it may be simpler to focus on measuring landscape pressures instead. https://lnkd.in/dZpv9Psy