🌍 All companies, regardless of industry, will have an impact on #biodiversity through their supply chains. It's not always clear how to give back. While Biodiversity Net Gain (BNG) is a great step forward for the #builtenvironment, mandating a 10% biodiversity increase for new developments, it doesn't cover existing businesses or the entire supply chain, or businesses in other sectors. This could still leave a significant gap in protecting biodiversity. Voluntary Biodiversity Credits help companies address their #biodiversityfootprint, just like their #carbonfootprint. The emerging voluntary biodiversity market allows companies to invest in high-quality #conservation and #restoration projects. These projects can range from restoring degraded forests and wetlands to protecting endangered species and their habitats. Earthly helps businesses invest in projects that align with their #sustainability goals, whether it's focusing on specific regions, ecosystems, or species threatened by their supply chain activities. Our blog discusses the scope of UK voluntary biodiversity markets: https://lnkd.in/dPRpu--g #naturebasedsolutions #conservation #climateaction #climatechange #biodiversity #investinnature #sustainablebusiness #sustainabilitystrategy #ESG #Earthly #projectEarthly
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🌍 The new Biodiversity Net Gain (BNG) policy in England is a positive step towards #sustainability. However, it only applies to new developments and specific sectors. This means many other businesses still have a significant #biodiversityfootprint through their supply chains. But companies can take action through the voluntary biodiversity market. The Voluntary Biodiversity Market helps companies to invest in nature conservation and restoration projects that directly address biodiversity loss. These projects can range from habitat creation and restoration to supporting sustainable agriculture practices. 💚 The voluntary biodiversity market is still young, but it has big potential. By supporting these efforts, companies can play a major role in reversing #biodiversity loss and ensuring a healthy planet for all. Learn more about #VBM on our blog. The link to the blog is in the comments. #voluntarybiodiversitymarket #NatureBasedSolutions #biodiversitycredits #sustainability #nature #sustainabilitystrategy #sustainablebusiness #ESG #ProjectEarthly #Earthly
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🌍 The new Biodiversity Net Gain (BNG) policy in England is a positive step towards #sustainability. However, it only applies to new developments and specific sectors. This means many other businesses still have a significant #biodiversityfootprint through their supply chains. But companies can take action through the voluntary biodiversity market. The Voluntary Biodiversity Market helps companies to invest in nature conservation and restoration projects that directly address biodiversity loss. These projects can range from habitat creation and restoration to supporting sustainable agriculture practices. 💚 The voluntary biodiversity market is still young, but it has big potential. By supporting these efforts, companies can play a major role in reversing #biodiversity loss and ensuring a healthy planet for all. Learn more about #VBM on our blog. The link to the blog is in the comments. #voluntarybiodiversitymarket #NatureBasedSolutions #biodiversitycredits #sustainability #nature #sustainabilitystrategy #sustainablebusiness #ESG #ProjectEarthly #Earthly
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On the idea of biodiversity credits I agree fully with my good friend José Maria Cardoso da Silva that Biodiversity credits will be a distraction for doing something serious and in time for bending the curve on global biodiversity loss. The challenge is simple. There is no biodiversity equivalent (such as eg co2) as biodiversity is extremely context specific and non-interchangeable. Doing something good for nature in the prestigious Atlantic Sand Dunes of northern Denmark can be turned into credits that a coffee farmer in the Ecuadorian Andes can buyto expand his plantation in the Andean rain forest…how??? One can talk nicely about academic theory on biodiversity credits, but realism and emperi would be better - and is harsh on credits. When climate credit (with co2-equivalent) has failed to deliver what was promised in >90% of the cases (a meta analyses a few year back) …..it is naive to think a biodiversity credit system will work. In our June report from the Danish Biodiversity Council on biodiversity financing we have warned the Danish government, society and private section to go down the road of biodiversity credits. It will be a distraction.
Biodiversity, Climate Change and Evidence-based solutions | Data Scientist | Spatial Analysis | R, QGIS and Power BI
🌿 Recently, I posted about major concerns on biodiversity credits based on a Mongabay commentary. The article highlighted critical issues around transparency, greenwashing risks, and whether these markets might ultimately benefit intermediaries more than on-the-ground conservation. These concerns are real and require serious attention to ensure biodiversity credits don’t replicate the pitfalls we’ve seen with carbon credits. Yet, a recent Nature article offers a different perspective, suggesting that biodiversity credits, if well-regulated, could provide significant funding for conservation efforts. With robust systems in place, Alexandre Antonelli and co-authors argue that these credits could create new resources for ecosystem restoration and offer measurable benefits to communities, especially in biodiversity-rich regions. It’s an idea that has potential, but only if we can navigate the complexities with integrity and accountability. Again, I’d love to hear your thoughts on this! Can biodiversity credits truly drive sustainable conservation, or are we risking another market-driven distraction? How can developing nations, where most biodiversity is concentrated, shape these markets to ensure equity and genuine impact? And finally, can the promises of biodiversity credits be matched with the rigorous oversight needed to turn theory into reality? This is a complex path forward that demands both caution and bold thinking. 🔗 https://lnkd.in/dB7RJ7mh 🔗 https://lnkd.in/gSvmZEK9 #Biodiversity #Conservation #Sustainability #EcosystemRestoration #BiodiversityCredits #GlobalPolicy
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The objective of corporate biodiversity reporting is to provide transparency on a company's impact on biodiversity, track progress on conservation efforts, and demonstrate accountability in managing biodiversity risks. This reporting encourages sustainable practices, informs stakeholders, and aligns corporate actions with global biodiversity goals and environmental regulations. “Embracing transparency in biodiversity! Corporate biodiversity reporting is essential to track, manage, and protect our natural ecosystems. Let’s drive sustainable growth, safeguard our planet, and make informed choices for a greener future.” #Biodiversity #Sustainability #CorporateResponsibility #GreenFuture #ESG
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Leonardo Miranda: I believe biodiversity credits are just another market-driven distraction. History has proven that unregulated markets created many of our current ecological challenges, and we can't expect the exact mechanisms to fix them. What we need is decisive action: (1) use public lands to expand protected areas and Indigenous lands with strict enforcement; (2) Strong land use regulations in private lands backed by science (3) Immediate elimination of environmentally harmful subsidies and, if needed, adoption of biodiversity and carbon taxes to fund real conservation work. While regulated market solutions might function in a few selected economies with exceptional governance and established land rights, most biodiversity-rich countries require governmental action to protect their natural heritage. The time for half-measures is over. Our socio-environmental crisis demands concrete regulatory action, not market experiments. #climatechange #biodiversity #environment #markets
Biodiversity, Climate Change and Evidence-based solutions | Data Scientist | Spatial Analysis | R, QGIS and Power BI
🌿 Recently, I posted about major concerns on biodiversity credits based on a Mongabay commentary. The article highlighted critical issues around transparency, greenwashing risks, and whether these markets might ultimately benefit intermediaries more than on-the-ground conservation. These concerns are real and require serious attention to ensure biodiversity credits don’t replicate the pitfalls we’ve seen with carbon credits. Yet, a recent Nature article offers a different perspective, suggesting that biodiversity credits, if well-regulated, could provide significant funding for conservation efforts. With robust systems in place, Alexandre Antonelli and co-authors argue that these credits could create new resources for ecosystem restoration and offer measurable benefits to communities, especially in biodiversity-rich regions. It’s an idea that has potential, but only if we can navigate the complexities with integrity and accountability. Again, I’d love to hear your thoughts on this! Can biodiversity credits truly drive sustainable conservation, or are we risking another market-driven distraction? How can developing nations, where most biodiversity is concentrated, shape these markets to ensure equity and genuine impact? And finally, can the promises of biodiversity credits be matched with the rigorous oversight needed to turn theory into reality? This is a complex path forward that demands both caution and bold thinking. 🔗 https://lnkd.in/dB7RJ7mh 🔗 https://lnkd.in/gSvmZEK9 #Biodiversity #Conservation #Sustainability #EcosystemRestoration #BiodiversityCredits #GlobalPolicy
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The variety of life on Earth keeps us resilient and thriving, but biodiversity loss is accelerating. If we act now, we can reverse course. Our Financing Nature report shows how to invest for the world we want: https://lnkd.in/dh5ybVMs
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🌿 Recently, I posted about major concerns on biodiversity credits based on a Mongabay commentary. The article highlighted critical issues around transparency, greenwashing risks, and whether these markets might ultimately benefit intermediaries more than on-the-ground conservation. These concerns are real and require serious attention to ensure biodiversity credits don’t replicate the pitfalls we’ve seen with carbon credits. Yet, a recent Nature article offers a different perspective, suggesting that biodiversity credits, if well-regulated, could provide significant funding for conservation efforts. With robust systems in place, Alexandre Antonelli and co-authors argue that these credits could create new resources for ecosystem restoration and offer measurable benefits to communities, especially in biodiversity-rich regions. It’s an idea that has potential, but only if we can navigate the complexities with integrity and accountability. Again, I’d love to hear your thoughts on this! Can biodiversity credits truly drive sustainable conservation, or are we risking another market-driven distraction? How can developing nations, where most biodiversity is concentrated, shape these markets to ensure equity and genuine impact? And finally, can the promises of biodiversity credits be matched with the rigorous oversight needed to turn theory into reality? This is a complex path forward that demands both caution and bold thinking. 🔗 https://lnkd.in/dB7RJ7mh 🔗 https://lnkd.in/gSvmZEK9 #Biodiversity #Conservation #Sustainability #EcosystemRestoration #BiodiversityCredits #GlobalPolicy
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Some advice for moving your business to #NaturePositive from BITCI - a key step is to join Ireland's Business For Biodiversity Ireland platform this March for a step by step guidance to biodiversity action and guidance on incoming reporting legislation #BizBioIrl #JoinTheEvolution #NBAP #ActionsForNature
Would you like to know how businesses can support the National Biodiversity Action Plan? Ireland’s 4th National Biodiversity Action Plan was launched by Minister Malcolm Noonan in January 25 and comes with a fund of €3 billion behind it. The latest plan has five key objectives; ▪ Adopt a Whole-of-Government, Whole-of-Society Approach to Biodiversity. ▪ Meet Urgent Conservation and Restoration Needs. ▪ Secure Nature’s Contribution to People. ▪ Enhance the Evidence Base for Action on Biodiversity. ▪ Strengthen Ireland’s Contribution to International Biodiversity Initiatives. This brings us to how Businesses can get involved. There are numerous opportunities for businesses to support the latest National Biodiversity Action Plan, such as; improving pollution control, particularly around rivers, lakes, estuaries and coastal waters, and soil; embracing more circular business models; enhancing green and blue environments under their care and exploring opportunities to provide blended finance for nature positive projects. These are just a few suggestions, there are many more ways you can contribute to the NBAP. You can find out more here ➡ https://shorturl.at/noHV8 #Biodiversity #NaturePositive #SustainableBusiness #ForNature
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🌿📈 Elevating Sustainability Reporting to New Heights with GRI 101: Biodiversity 2024 🌍💡 Some useful insights into the transformative GRI 101: Biodiversity 2024 standard: This comprehensive approach not only pushes for greater corporate transparency regarding biodiversity impacts but also seeks harmony with global conservation efforts like the Kunming-Montreal Global Biodiversity Framework and TNFD recommendations. It challenges businesses to look beyond direct impacts, thoroughly examining their supply chain and the underlying causes of biodiversity loss. Crucially, it merges the realms of human rights and biodiversity, emphasizing their essential interconnectedness in our sustainability narratives. A significant leap forward, this standard invites organizations to deeply integrate ecological stewardship with social responsibility, paving the way for a future where business operations and biodiversity conservation are inextricably linked. 🌱🔍 #SustainableGrowth #BiodiversityAwareness #EcoSkills
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🌍 Biodiversity Financing: A Call to Action for Rich Countries 🌿 The global #biodiversity crisis requires urgent attention and meaningful action. Rich countries have pledged to support biodiversity financing, but commitments must translate into concrete support for vulnerable #ecosystems. In this insightful article by Eco-Business, the critical need for developed nations to fulfill their biodiversity financing pledges is highlighted. These commitments are essential to protect and restore the natural world, which underpins human well-being and economic prosperity. It's time for tangible actions to preserve our biodiversity and to #mitigate #climatechange. https://lnkd.in/g5Qveucv
Rich countries must meet their biodiversity financing pledges
eco-business.com
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