<
https://theconversation.com/as-australia-privatises-nature-repair-the-cheapest-approach-wont-save-our-threatened-species-241900>
"Australia is a world-leader in species extinction and environmental decline.
So great is the problem, the federal government now wants to harness money from
the private sector to pay for nature repair.
Under the government’s new “nature repair market”, those who run projects to
restore and protect the environment are rewarded with biodiversity credits.
These credits can be sold to private buyers, such as corporations wanting to
meet environmental goals.
The nature repair market is similar in many ways to Australia’s existing carbon
credit scheme. So, examining the extent to which carbon projects actually
protect biodiversity is important as the government sets up the nature repair
market. This was the focus of our new research.
Alarmingly, we found Australia’s carbon credit scheme largely fails to protect
threatened species, despite assumptions to the contrary. The findings provide
cautionary lessons for the nature repair scheme."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
