Interesting study on #biodiversity and it's connection to our #economy published by Sitra. It is important to give a price tag to these vital services provided by nature. This study shows that there are many good examples already in place, ready for copy and paste actions. "Without a robust and resilient nature there is no economy. Realising this, public and private institutions around the world are rapidly developing frameworks and tools to address biodiversity loss. This study is a collection of 17 examples where economic mechanisms have been applied with the goal of limiting biodiversity loss associated with land-use change and promoting nature-positive activities. The cases are diverse, including both mandatory and voluntary mechanisms and schemes led by those in the public and private sectors. The cases have been characterised into three main groups: the polluter pays principle; payments for ecosystem services; and voluntary solutions in the private sector." https://lnkd.in/g46KDNfX
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PhD Anthrozoology I Captive wild animals, human-wildlife conflict and biodiversity policy specialisms
Lim Li Ching, a senior researcher at the Third World Network (TWN), said: “For us, the central issue is that it really is a dangerous distraction, because we’re not actually focusing on the real causes of biodiversity loss.” Sophus zu Ermgassen, an ecological economist from Oxford University and co-author of the first academic review of nature credits, said: “Without a driver of demand, there are likely to be very few buyers of voluntary biodiversity credits. So my main concern about biodiversity credits is not that they’re harmful – they can’t do much harm if not many people buy them. My main concern is the way they steal the political discourse and political capital away from more important and impactful solutions.” Definitely agree here. #biodiversity #biodiversitycredits #biodiversitycrisis #biodiversityoffsetting #cop16 https://lnkd.in/eGmAMc65.theguardian.com%2Fenvironment%2F2024%2Fnov%2F11%2Fbiodiversity-credits-framework-cop16-rules-out-global-offsetting-aoe&utm_campaign=aga&utm_source=agsadl2%2Csh%2Fx%2Fgs%2Fm2%2F4
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Amid a sea of depressing news about biodiversity loss, I’ve been encouraged by recent interest that we have received from investors about our work in biodiversity finance. In 2023, we expanded IFC - International Finance Corporation’s green bond framework to allow proceeds from our bonds to fund projects that seek to address biodiversity loss. The framework now references IFC’s Biodiversity Finance Reference Guide—the first and only guidance available in the market that provides a list of indicative investment activities that help protect and enhance biodiversity. Biodiversity finance is emerging as a fast-growing area in green finance. To celebrate International Day for Biodiversity 2024, I’m sharing a few examples of the kind of work we are doing in line with this years’ theme: “Be part of the Plan”. We are investing in projects that help restore healthy soils and minimize food waste, promote drip irrigation to help conserve water and reduce the use of fertilizer, as well as projects that stop the flow of raw sewage into rivers and help reduce harmful pollution from chemicals and plastics. These kinds of projects are key to supporting the transition towards sustainable business practices that help to halt and reverse the devastating loss of biodiversity. Learn more: https://lnkd.in/e9anXdTA #BiodiversityDay #PartOfThePlan #BiodiversityDay2024 #Biodiversity
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Sustainable practices must address the key drivers of biodiversity loss and protect and enhance ecosystems. Strategic investment in this transition – with measures in place to ensure it is equitable and inclusive – can create long-term, local value. Finance and innovative financial solutions are key to supporting this transition. Check out IFC’s Biodiversity Finance Reference Guide, the world’s first guidance on investing in this area.
Amid a sea of depressing news about biodiversity loss, I’ve been encouraged by recent interest that we have received from investors about our work in biodiversity finance. In 2023, we expanded IFC - International Finance Corporation’s green bond framework to allow proceeds from our bonds to fund projects that seek to address biodiversity loss. The framework now references IFC’s Biodiversity Finance Reference Guide—the first and only guidance available in the market that provides a list of indicative investment activities that help protect and enhance biodiversity. Biodiversity finance is emerging as a fast-growing area in green finance. To celebrate International Day for Biodiversity 2024, I’m sharing a few examples of the kind of work we are doing in line with this years’ theme: “Be part of the Plan”. We are investing in projects that help restore healthy soils and minimize food waste, promote drip irrigation to help conserve water and reduce the use of fertilizer, as well as projects that stop the flow of raw sewage into rivers and help reduce harmful pollution from chemicals and plastics. These kinds of projects are key to supporting the transition towards sustainable business practices that help to halt and reverse the devastating loss of biodiversity. Learn more: https://lnkd.in/e9anXdTA #BiodiversityDay #PartOfThePlan #BiodiversityDay2024 #Biodiversity
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How biodiversity credits could help to conserve and restore nature: Biodiversity-credit markets could succeed in ways that, so far, carbon-credit markets have not — as long as the right rules of play are in place from the start. Biodiversity-credit markets could succeed in ways that, so far, carbon-credit markets have not — as long as the right rules of play are in place from the start.
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🦋 With COP16 fast approaching and conversations about financing biodiversity action, Robert Nussey talks to the Green Business Journal about closing the biodiversity funding gap ... and quickly! 🌱 #Biodiversity, #NatureFinance, #EcosystemRestoration
💡 Closing the biodiversity funding gap As humanity grapples to protect and restore biodiversity, addressing the funding gap is paramount. The Kunming-Montreal Global Biodiversity Framework (GBF) aims to put us back on track toward a world where nature thrives, ecosystems flourish and people benefit - averting potential annual losses of up to $2.7 trillion by 2030 from environmental loss. But how can we secure the necessary resources to achieve these goals? Robert Nussey - Nature Positive Manager at Ramboll, offers ideas around: ➡ The funding gap ➡ Leveraging public and private funding ➡ Maximising real-world impact https://lnkd.in/eCP4jTnQ #LetsCloseTheGap #Biodiversity
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💡 I share some insights on the biodiversity funding gap and how organisations can support the global biodiversity goals. 🌱 👇
💡 Closing the biodiversity funding gap As humanity grapples to protect and restore biodiversity, addressing the funding gap is paramount. The Kunming-Montreal Global Biodiversity Framework (GBF) aims to put us back on track toward a world where nature thrives, ecosystems flourish and people benefit - averting potential annual losses of up to $2.7 trillion by 2030 from environmental loss. But how can we secure the necessary resources to achieve these goals? Robert Nussey - Nature Positive Manager at Ramboll, offers ideas around: ➡ The funding gap ➡ Leveraging public and private funding ➡ Maximising real-world impact https://lnkd.in/eCP4jTnQ #LetsCloseTheGap #Biodiversity
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💡 Closing the biodiversity funding gap As humanity grapples to protect and restore biodiversity, addressing the funding gap is paramount. The Kunming-Montreal Global Biodiversity Framework (GBF) aims to put us back on track toward a world where nature thrives, ecosystems flourish and people benefit - averting potential annual losses of up to $2.7 trillion by 2030 from environmental loss. But how can we secure the necessary resources to achieve these goals? Robert Nussey - Nature Positive Manager at Ramboll, offers ideas around: ➡ The funding gap ➡ Leveraging public and private funding ➡ Maximising real-world impact https://lnkd.in/eCP4jTnQ #LetsCloseTheGap #Biodiversity
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Senior Relationship Manager, SMBC | Corporate Banking Professional | Mezzanine Financing | Loan Origination and Syndication | Real Estate Financing
Could biodiversity credits be the ‘carbon credits’ for nature? The challenges are immense, but the concept of assigning measurable value to biodiversity is gaining traction. A biodiversity credit market could unlock billions to protect ecosystems while creating new opportunities for communities living within them. Yet, as the University of Oxford’s recent framework highlights, designing these systems is anything but simple. Questions around accountability, measurement, and local involvement remain. As someone passionate about blending environmental impact with innovative finance, I am curious: How can we ensure biodiversity credits are not only effective but equitable? #CarbonCredits #Biodiversity #Finance
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How biodiversity credits could help to conserve and restore nature https://lnkd.in/eseKi8YN Biodiversity-credit markets could succeed in ways that, so far, carbon-credit markets have not — as long as the right rules of play are in place from the start.
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Vice President - Technical & Presales(Geospatial)| Doctorate in Business Administration, ESG & Sustainability, ESGCI School of Management, Paris | Ph.D, Geospatial Tech. Forest, Laval University, Canada
How Biodiversity credits can help to reach sustainability goals?
Natural Climate Solutions Lead @ The Nature Conservancy | Community, Partnerships, and Nature Finance | IFM, ARR, Forested Landscapes | PhD Applied Remote Sensing | Member at Climate Vine
A recent publication in #Nature outlines how #BiodiversityCredits can be used to close the $598 billion - $898 billion funding gap in advancing #conservation action focused on #restoring biodiversity. Authors highlights the need for both public, private, and market driven pathways to meet the financing need. It is good to see that the authors priortized the role of IPLC's and social safeguards in the project upfront, and are advocating for strong policy directives or regulatory mechanisms to unlock finance that delivers for Nature and its stewards. They presented their framework for the possibility of High Integrity Biodiversity in Cali. "High integrity at all levels is a prerequisite for scale, not a barrier to it. Indigenous Peoples and local communities should be co-creators of projects and markets and included in all aspects of design and delivery." They define biodiversity credit “a certificate that represents a measured and evidence‐based unit of positive biodiversity outcome that is durable and additional to what would have otherwise occurred” (BCA, 2024). According to them Biodiversity credits can be used for: 》 making evidence-based contributions to Nature goals 》 local compensation of biodiversity impacts (under strict criteria) 》 insetting – proactive investment within buyers’ supply chains 》 IAPB does not support international biodiversity offsetting approaches: compensation must be local-to-local and like-for-like. In addition to these use cases, there are linkages between carbon and biodiversity markets and potential for co-benefits between them. 》 Biodiversity is not fungible, so a standardised biodiversity unit is not appropriate (though standardisation of approaches could support market development). 》 Design solutions therefore need to support multiple markets, depending on the context, actors and motivations. 》 Ambitious and urgent collective leadership, from all market actors, is needed to scale up biodiversity credit markets at pace. For more information see the link below https://lnkd.in/gMj6dY67 As we explore our pathway forward on how to catalyze institutional investment to restore biodiversity, it might be important to consider what will it take to restore ecosystems at scale instead of dissecting our efforts by biodiversity and carbon! #biodiversity #naturecredits #ecosystemhealth #financing