Open letter to Indonesia’s biodiversity credits technical team

We understand that Indonesia officially committed to developing market based mechanisms to finance its biodiversity strategy in January, as a follow up to the memorandum of understanding between the country’s ministry of the environment and UK’s DEFRA, and of joining IAPB’s government forum during COP30. Following a meeting with representatives of the UK government in …

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 …