Biodiversity credits: learning lessons from other approaches to incentivize conservation

P.C : Louisa Bouri-Saouter

Biodiversity credits are emerging for pro-environmental finance. We explore their impact, supply/demand, bundling, and safeguards, reviewing 34 pilots and lessons from offsets and carbon credits. Challenges include additionality, permanence, leakage, and making biodiversity marketable. Robust baselines, standards, and governance are needed to ensure quality and avoid past mistakes.