An independent think tank researching the financialisation of environmental policies
We welcome the opportunity to express our views on this second consultation. The stated goal of this consultation is to gather feedback on 6 models for biodiversity credit markets, that differ from one another on two features: voluntary versus compliance, and offset versus “contributions to improving nature. Overall, we find that the range of options …
Continue reading "GFO’s response to IAPB’s consultation on archetypes"
We welcome the opportunity to express our views on this very important document, that aims at promoting biodiversity credit markets “with social safeguards.” What makes this document crucially important is that it is issued by the Community Advisory Panel (CAP) of the Biodiversity Credit Alliance (BCA), a self-governed body of over 40 Indigenous Peoples and …
Continue reading "GFO’s comments on the Biodiversity Credit Alliance consultation"
Biodiversity credits and markets are not a new idea at all, having been promoted for more than a decade by a few economists, lobbies, and institutions. Academic literature has already amply demonstrated that biodiversity credits and markets are problematic concepts, as they rely on an alleged monetary valuation of nature using old contested methodologies, as …