Open letter to Peru’s environment ministry regarding the draft guidelines for the design and operation of biodiversity credit projects

We read with great interest the draft guidelines published by Peru's environment ministry and want to express a few concerns: Concern 1: We note that the draft guidelines mention “net gain”, which suggests that biodiversity credits could be used for offsetting. The mention of “net gain” in the draft guidelines does not clarify how " …

Is water insecurity going to follow the same political playbook as climate change and biodiversity loss?

Water insecurity is on the map of forthcoming national security risks, together with food shortages. Rather than addressing the root causes of water insecurity, many of which are political, several neoliberal governments and institutions are pushing to financialise the purification of water, using a similar framing and talking points to those used with carbon and …

FAQ biodiversity offsets & credits

This collective document answers some of the most important questions regarding biodiversity offsets and credits, from what they are to why they are deeply problematic as tools for biodiversity protection. These approaches fundamentally misunderstand the uniqueness and complexity of ecosystems, making the idea of substituting one ecosystem for another scientifically unsound and ethically questionable. The …