March 21, 2023

Day

One mechanism to help businesses deliver nature-positive outcomes is a biodiversity credit. A ‘biodiversity credit’ is an economic instrument used to finance activities that deliver net positive biodiversity gains. Unlike carbon or biodiversity offsets, which are payments made by a business to compensate for its damaging impacts on location-specific ecosystems, biodiversity credits allow companies to support nature-positive...
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According to a report from Survival International, the Northern Kenya Grassland Carbon Project, a prominent carbon credits initiative in Kenya, faces significant problems. The report, titled “Blood Carbon: how a carbon offset scheme makes millions from Indigenous land in Northern Kenya,” suggests that the project could put indigenous communities in danger. Despite potential risks to...
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