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 …
Roadmap towards what exactly? 4 concerns about EU’s roadmap draft towards nature credits
We find that EU's €37bn biodiversity funding gap could be closed entirely by redirecting existing subsidies to harmful activities; While we understand the political trade-offs that led to choosing instead to privatise and financialise EU's conservation policies, we find that "making nature investable" is not compatible with the public good nature of most ecosystems and …
High integrity in name only?
The IAPB, UN and WEF have just released the final version of their high integrity principles to guide the biodiversity credit market. We find that while the report includes many well-meaning boilerplate statements, many critical concerns remain unaddressed and several features contradict the high integrity claims. We find that the allowance for offsetting, for the …