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Biodiversity Credits

Kumari Sonali

Biodiversity Credits:

A recent study published in the Proceedings of the Royal Society B highlights significant uncertainties regarding the effectiveness of biodiversity credits.A biodiversity credit is a verifiable, quantifiable, and tradeable financial certificate rewarding positive biodiversity outcomes, such as the conservation or restoration of species, ecosystems, and natural habitats. They are gaining attention as a mechanism to finance biodiversity conservation and achieve the targets under the Kunming-Montreal Global Biodiversity Framework (KMGBF).

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