With South Australian government backing, The Nature Conservancy is examining ways to make wetlands restoration financially viable, partly by earning ERF carbon credits, and by establishing a 'blue carbon' insurance fund.
The first draft of a Paris-style biodiversity agreement sets a target of sourcing 10 gigatonnes of carbon abatement annually from nature, proposes tough controls on nutrients, pesticides and plastic, and calls for a huge increase in biodiversity funding.
Mandatory climate risk disclosure appears inevitable in Australia, following a meeting of G7 finance ministers that also backed TCFD-style disclosure of nature impacts.
After last year becoming the first buyer of Reef Credits, HSBC bank has teamed with the Nature Conservancy Australia to plan the world's first issuance of a nature-focused "blue bond".
As Matthias Cormann prepares to take up the top OECD job, the G7 has released a new report from the agency he will lead that urges the use of taxes to help fight biodiversity loss.
A new pilot program will enable farmers who plant native species to generate dual income streams in recognition of the biodiversity and carbon abatement benefits.