An increasing number of initiatives are being launched to tokenise carbon and biodiversity offset credits. However, carbon offsetting remains controversial, having been plagued with environmental integrity and social and human rights issues, and found to represent only a limited part of the solution to the environmental crises. While more recent and less well known, biodiversity …
Saving nature or reinventing the City?
In its recent response to the consultation on Biodiversity Net Gain regulations and implementation, the UK government announced the creation of 3 new nature markets, on biodiversity offsetting, nutrient mitigation (aka river pollution) and flood alleviation, in addition to carbon sequestration. We find that the future biodiversity offset market fails to address the well-documented environmental …
A request for clarifications on the People’s Plan for Nature
We strongly welcome the recently unveiled People's Plan for Nature, that contains many excellent recommendations. We find however that a few of the recommendations require further clarification, as in their current form they could be understood as being compatible with the UK government’s plan to launch 4 new nature markets, aimed in no small part …
Continue reading "A request for clarifications on the People’s Plan for Nature"