#Parissummit
"The political objective of these new nature markets is above all to maintain
the way of life in the rich countries, which will be able to continue destroying as before while claiming to compensate by saving a few trees and restoring a few mangroves in the poor countries,
and in the process creating a new asset class that is extremely profitable for the financial industry in the rich countries."
#newfinancialpact #biodiversitycredits

https://greenfinanceobservatory.org/wp-content/uploads/2023/06/Brief-new-financial-pact-finalEN.pdf

VIDEO: What are biodiversity credits and how do they work?

Dr Megan Evans explains the concept and assesses the federal government's biodiversity certification scheme.

#BiodiversityCredits

https://www.abc.net.au/news/2023-01-10/what-are-bio-diversity-credits-and-how-do-they-work/101839880?utm_campaign=abc_news_web&utm_content=twitter&utm_medium=content_shared&utm_source=abc_news_web

@KorimakoEcology @janhenry @phil_stevens Thanks Andy. That's disappointing. I look forward to the day when it is simply unprofitable for landowners in NZ to clear native vegetation like this. We all benefit from thriving native ecosystems and it would be great to see this reflected in our economics as well as regulations.
#BiodiversityCredits