Ricarda Röller
administrator

Credit where Credit’s Due: Identifying the Core Principles of a High-Integrity Biodiversity Market.

Jul 22 2024

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Estimates show that over half of the world’s gross domestic product (GDP) depends on nature. How can we use finance to help tackle the sharp declines in biodiversity across the world and build a resilient future for people and the planet?

In collaboration with Blue Marine Foundation and Plan Vivo Foundation we’re pleased to launch a new report ‘Credit where Credit’s Due: Identifying the Core Principles of a High-Integrity Biodiversity Market.’  The report identifies three core principles for financing crucial nature protection and restoration initiatives, also known as a ‘High Integrity Biodiversity Market’:

  1. Clear communication on the biodiversity assessment methodology and outcomes
  2.  Integrated community engagement and participation
  3.  Fair and equitable pricing.

To reverse nature loss by the global target of 2030, companies we need to spend an estimated $600-800 billion, annually. The emerging biodiversity credit market offers us onea way to achieve restoration and protection of nature at scale and requires building a market based on trust and integrity and include transparent, robust and equitable projects.

Download the report now.