A WAY FORWARD FOR HIGH INTEGRITY
BIODIVERSITY CREDITS
IAPB's Framework for high integrity biodiversity credit markets was launched on 28 October at COP16 in Cali, Colombia - read it here
THE URGENCY OF ACTION
Nature’s rich and vital biodiversity is essential for our lives, livelihoods and economies. But the signs of biodiversity loss are everywhere. Tropical forests, coastal wetlands and many other natural ecosystems are in retreat. Numerous reports highlight the severity of the challenges we face, the need for action and the risks of inaction.
The Kunming-Montreal Global Biodiversity Framework outlines humanity’s aim to halt and reverse biodiversity loss: it calls for effective resource mobilisation and the alignment of global financial flows with international biodiversity goals.
A GLOBAL INITIATIVE FOR THE DEVELOPMENT AND GROWTH OF HIGH INTEGRITY BIODIVERSITY CREDIT MARKETS
The International Advisory Panel on Biodiversity Credits (IAPB) is an independent initiative established by the UK and France in June 2023 to facilitate the creation and growth of high integrity biodiversity credit markets and encourage enabling policy and regulatory mechanisms, in ways that are credible, timely, and coherent on an international level.
Biodiversity credits (and credit markets) are one mechanism for market actors to channel financial flows to support the transition to a Nature-positive future. Beyond just mobilising capital, uptake of biodiversity credits could help to change the relationship of corporates and financial markets with Nature and better support Nature’s stewards.
The Panel and five Working Groups comprise more than 120 people from over 25 countries drawn from finance, business, Indigenous Peoples and local communities, NGOs and academia. IAPB has also worked with a group of Knowledge Partners including from leading scientific institutions.
AN OPEN AND INCLUSIVE PROCESS
IAPB’s approach has been open and inclusive, drawing on insights from various market actors, including policy makers and regulators, Indigenous Peoples and local communities, the finance and business communities, scientists, and many others. This has ensured our work is grounded in high-quality, robust research, evidence and Indigenous knowledge.
The IAPB is committed to promoting the effective participation and inclusion of Indigenous Peoples and local communities in decision-making, with their free, prior and informed consent, and to include, consult and partner with them in the IAPB’s work. The Panel considers it essential that its work and any recommendations it makes are developed together with Indigenous Peoples and local community representatives and with full respect of their rights, in accordance with relevant national legislation, UNDRIP, and other international instruments, as applicable.
"The inclusive advisory panel will help the global community maximise the benefits to nature, people and planet represented by biodiversity credit markets."
DAME AMELIA FAWCETT
co-Chair
"We are embedded in nature. We need to deliver the right instruments that unlock investment in the protection and recovery of nature."
SYLVIE GOULARD
co-Chair