The European Commission announced the launch of its “Roadmap towards Nature Credits,” aimed at helping to develop a new market for nature credits, enabling farmers and foresters to fund activities to protect and preserve biodiversity and ecosystems through the facilitation of private capital flows from companies and investors.
Similar in concept to carbon credits, which represent actions to reduce and sequester a fixed amount of carbon emissions, nature credits would represent activities that protect and restore biodiversity and ecosystems targeting nature-focused outcomes based on specific metrics and indicators.
According to the Commission, the new initiative comes as biodiversity loss and climate change represent significant threats to agriculture and farming,
