Well done in taking a dive into the rabbit hole. I find your research useful and thought provoking. Thanks for sharing! Keep it up, build the central hub to make sense of the emerging market.
Not convinced credits are the way to go as ecosystems are not fungible and there is a danger they will become a mechanism that coperations will use to absolve themselves when destroying natures irreplaceable ecosystems. Biodiversity net gains makes more sense, where any project needs to demonstrate a 10% gain in biodiversity either on site or sponsoring a project near by so that the already depleted (70% since 1970) natures ecosystems can begin to be restored.
Totally see your point Tony. Ideally, stricter regulations (e.g. related taxes) are the way to go. Not the political climate we're in right now. Plus, our current ecosystem accounting is weak and fragmented - biodiversity credits could help here.
For voluntary biodiversity credits, offsetting is currently not an option. So the risk of corporates using them to continue destroying is lower. For now, it's a contributory mechanism.
Well done in taking a dive into the rabbit hole. I find your research useful and thought provoking. Thanks for sharing! Keep it up, build the central hub to make sense of the emerging market.
Thank you for the kind words Patrick. Will do our best!
Informative pill to swallow. Thanks
Not convinced credits are the way to go as ecosystems are not fungible and there is a danger they will become a mechanism that coperations will use to absolve themselves when destroying natures irreplaceable ecosystems. Biodiversity net gains makes more sense, where any project needs to demonstrate a 10% gain in biodiversity either on site or sponsoring a project near by so that the already depleted (70% since 1970) natures ecosystems can begin to be restored.
Totally see your point Tony. Ideally, stricter regulations (e.g. related taxes) are the way to go. Not the political climate we're in right now. Plus, our current ecosystem accounting is weak and fragmented - biodiversity credits could help here.
For voluntary biodiversity credits, offsetting is currently not an option. So the risk of corporates using them to continue destroying is lower. For now, it's a contributory mechanism.
Informative pill to swallow. Thanks