Caution urged on debit side to biodiversity credits

EU to Develop Nature Credits Market to Fund More Sustainable Agriculture Practices

The European Commission announced the launch of its “Roadmap towards Nature Credits,” aimed at helping to develop a new market for nature credits, enabling farmers and foresters to fund activities to protect and preserve biodiversity and ecosystems through the facilitation of private capital flows from companies and investors. Similar in concept to carbon credits, which represent actions to reduce and sequester a fixed amount of carbon emissions…

Caution urged on debit side to biodiversity credits

Reading Time: 2 minutes As appealing as biodiversity credits may be to generate more conservation revenue, an environmental expert cautions that pitfalls and problems remain, demanding attention to ensure markets can be enduring and successful. In June, Associate Minister for the Environment Andrew Hoggard announced the government would endorse nine existing pilot projects across New Zealand to build greater understanding of how such credits may…