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 …
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One Forest Summit: green colonialism and the financialisation of nature, repackaged as innovative conservation financing?
The summit aims among other things at “unlocking innovative sources of financing including market-based biodiversity conservation solutions, with a special focus on so-called biodiversity-positive carbon credits and nature certificates. We find that there is nothing innovative about financial instruments on biodiversity that have been amply debated over the past decade and merely tweaked of late. …