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Impact Tracking Database: Submission #542
Submission information
Submission Number: 542
Submission ID: 64089
Submission UUID: 98bba614-909a-449e-a4ec-e28491aa64cb
Submission URI: /impact-tracking
Created: Fri, 03/02/2023
Completed: Fri, 03/02/2023
Changed: Thu, 09/02/2023
Remote IP address: 10.208.1.105
Submitted by: Fernando Neda
Language: English
Is draft: No
Webform: Impact Tracking Database
Submitted to: Impact Tracking Database
IPBES Global Assessment Findings Used in WEF Briefing Paper on Biodiversity Credits
English
A new briefing paper by the World Economic Forum cites the 2019 IPBES Global Assessment Report on Biodiversity and Ecosystem Services, mentioning in its introduction that "Human activity is eroding the world’s ecological foundations. Over 1 million species are at risk of extinction, one third of the world’s topsoil has been degraded, forest fires are now more extensive and destructive than at any time in the past 10,000 years and 50% of the world’s coral reefs are destroyed."
The paper, titled “Biodiversity Credits: Unlocking Financial Markets for Nature-Positive Outcomes,” is the output of past months’ deliberation with the Working Group on Biodiversity Credits. The paper points out that biodiversity credits are part of a company’s nature-positive journey –an investment in nature’s recovery, rather than an offset for damages.
The paper, titled “Biodiversity Credits: Unlocking Financial Markets for Nature-Positive Outcomes,” is the output of past months’ deliberation with the Working Group on Biodiversity Credits. The paper points out that biodiversity credits are part of a company’s nature-positive journey –an investment in nature’s recovery, rather than an offset for damages.
Website
Global assessment (1st work programme)
2022-09-01
- WEF_Biodiversity_Credit_Market_2022.pdf (3.15 MB)
private