Can biodiversity credits unlock billions for nature? …C0NTINUE READING HERE >>>
Biodiversity credits will be on the table for discussion at this month’s UN biodiversity summit in Colombia.
Photo: MAURO PIMENTEL / AFP/File
Source: AFP
For supporters, biodiversity credits could unlock billions in much-needed funding for nature, but critics fear a repeat of scandals that have dogged other financial approaches to protecting the environment.
Paying to safeguard tropical rainforests or compensate for habitat destruction is an area of growing interest, and trading credits in conservation will feature at this month’s UN COP16 biodiversity summit in Colombia.
The market…
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