Sustainability and carbon market news

The European Commission has released a strategic blueprint to guide the development of a framework for nature and biodiversity credits across the European Union. This initiative will run in parallel with existing carbon market policies but is...

A groundbreaking conservation project in Mexico is on track to generate the first biodiversity credits under the BioCarbon standard. This initiative, led by Rancho La Onza and CarbonPlus, focuses on the restoration and protection of 200 hectares...

King, the company behind the popular Candy Crush game, has become the first to purchase biodiversity credits under the UK’s newly launched voluntary scheme. The company acquired 543 credits at approximately $66 (£50) per unit, supporting a nature...

Nigeria has introduced a National Elephant Action Plan (NEAP) as part of its commitment to prevent the extinction of its dwindling elephant population and to bolster wildlife conservation efforts. Two elephants roaming the diverse forests of...

In a groundbreaking development for European conservation efforts, the Transylvanian village of Apold in Romania has become the first place on the continent to implement a biodiversity credit scheme. This innovative initiative, driven by the NGO...

A Dubai-based fintech company, AQUAE Impact, has joined forces with Sri Lanka's Earth Restoration to issue biodiversity and oxygen credits through a pilot project in the Belipola private forest. Close-up of Barberton Daisy flowers in Belipola...

The International Carbon Registry (ICR) has launched a new Pilot Biodiversity Program to integrate biodiversity conservation with global sustainability efforts. This initiative provides a framework for projects to enhance biodiversity and offers...

A French-based developer, Fronterra, is set to introduce the first biodiversity credits from the Peruvian Amazon by the end of the year. This initiative aims to bolster conservation efforts in the Sierra del Divisor National Park. Close-up of a...

South Downs National Park has launched the UK's first voluntary biodiversity credit scheme, marking a significant step towards nature recovery through private investments. The initiative, introduced in partnership with nature tech company Earthly,...

A Swiss-based non-profit, NatureFinance, has released new recommendations to enhance Africa’s biodiversity credit market. These recommendations include establishing minimum price floors for credits and creating an independent body to assess project...

Over half of UK institutional investors are either investing in natural capital or plan to do so within the next 18 months, favouring the development of their own carbon or biodiversity credits over buying offsets in the secondary market. This trend...

The European Union has been encouraged to amplify efforts in developing a biodiversity credit market, which could significantly drive investments towards biodiversity-rich, low, and middle-income countries (LMICs). This recommendation comes from the...

In a significant move towards ecological preservation, two German companies have recently invested in the country's inaugural biodiversity credits. The fintech firm Wundertax and children's product maker Emma & Noah acquired around 20,000 credits...

In a remarkable stride toward biodiversity conservation, Regen Network has successfully sold a significant portion of its biodiversity credits, specifically designed for jaguar preservation in Ecuador. This initiative spans across a lush...

DGB Group, a leading nature-based project developer, announced the upcoming launch of its biodiversity credit pilot project in Australia and a plastic credit initiative in Sri Lanka, marking significant milestones in its journey towards...

In a recent survey conducted by the UN-backed Biodiversity Credit Alliance (BCA), companies have identified nature targets as a pivotal driver in the demand for biodiversity credits. Rated nearly four out of five in importance, companies see the...

The World Economic Forum (WEF) predicts the demand for biodiversity credits soaring to $180 billion annually by 2050. According to a recent WEF report, a radical transformation in valuing nature could propel demand to $7 billion per year by 2030,...

Asset managers are addressing the pressing issue of corporate harm to nature and biodiversity. With growing investor concern due to recent environmental instability and crises, companies like Allianz Global Investors and T Rowe Price are pioneering...

The Environment Bank takes a pioneering leap in promoting corporate environmental responsibility by introducing biodiversity credits as its newest natural capital asset class. This innovative approach encourages businesses to invest in nature...

In a groundbreaking shift in environmental policy, the Biodiversity Net Gain (BNG) framework has been set in motion to safeguard nature during development projects. Starting 11 November 11 2023, most developments in the United Kingdom must...

Plan Vivo plans to introduce a biodiversity credit protocol with scientific credibility, accessible to communities, and scalable globally. Toral Shah, the biodiversity coordinator at Plan Vivo Foundation, shared that the draft protocol has undergone...

The urgent need to reverse the environmental damage caused by decades of human activity has prompted asset manager Fidelity International to call for a significant shift in capital towards biodiversity conservation. Velislava Dimitrova, a...

French State Minister for Ecology, Bérangère Couillard, and UK’s Secretary of State for Environment, Food and Rural Affairs, Thérèse Coffey, have jointly launched a Global Biodiversity Credits Roadmap aimed at enabling companies to contribute to...

A recent report by BloombergNEF analysed eight existing biodiversity crediting schemes and assessed their performance based on various criteria. These initiatives cover over 800,000 hectares, with $8 million in funding pledged so far for the...

The biodiversity market, a rapidly expanding sector, should have more flexibility in measuring and reporting its impact, according to a senior member of Verra, a standard-setting organisation, as reported by Carbon Pulse. Comparing it to the...

In a significant development, Finnish scientists have introduced a pilot project toolkit designed to help companies evaluate their impact on biodiversity, commonly referred to as their ‘biodiversity footprint.’ Collaborating on the project were the...

Robeco, a global asset management firm, has released the results of its annual global survey, which included 300 of the world’s largest institutional and wholesale investors. According to the survey results, the number of investors who believe that...