Agricultural Economist| Impact Investments | Program management| Enterprise development| Market systems development | Advisory Services| Climate finance| Agricultural Finance| Business Incubation
Biodiversity credits can advance conservation efforts by providing financial incentives for landowners and developers to protect and enhance biodiversity on their properties. If companies can buy credits to offset their environmental impacts, biodiversity credits can help to finance conservation projects and encourage landowners to protect and restore biodiversity. Furthermore, biodiversity credits can help raise awareness of the value of biodiversity and the importance of protecting it. By creating a market for biodiversity credits companies and individuals are encouraged to consider the impact of their activities on the environment and take steps to mitigate these impacts through conservation measures. However, for biodiversity credits to be effective, it is important that strong mechanisms are in place to ensure that the credits represent real, additional and long-term conservation benefits. Adequate monitoring, control and enforcement are necessary to avoid problems such as "greenwashing" or loss of biodiversity elsewhere.
🌳 The Bosque de Niebla cloud forest in Colombia is a #biodiversity hotspot, home to unique species like the yellow-eared parrot and spectacled bear🦜 Despite its importance, much of this area has been logged for cattle grazing since the 1980s. The forest’s health is now degraded, endangering at least 20 species and threatening nearby communities that rely on it for fresh water and other benefits. But there’s a scheme in place to protect what remains. Learn how innovative projects like #BiodiversityCredits can help to preserve their habitats on #BiodiversityDay👉 https://bit.ly/3U0EhKG
