In a short apologia, Joseph Bull claims that offsets in general, and biodiversity offsets in particular, are unfairly criticised by unscientific moralists and are, on the contrary, unquestioningly essential adn unavoidable to 'some' unspecified extent. His claim rests on three main arguments: offsetting is a necessity under existing internatinoal agreements, it is essential for closing …
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 …
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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 " …