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 …
Roadmap to ruin
EU’s roadmap for nature credits confirms the fears we expressed about the leaked version. We understand that nature credits will most likely be used as international compliance offsets, despite the consensus that biodiversity offsetting is impossible in most cases. We note that privatising conservation policies will weaken them by introducing a profitability requirement. We believe …