Biodiversity is degrading at alarming rates with the people living in biodiversity-rich areas often bearing the heaviest costs of these losses and of inequitable conservation efforts. In response to this emergency, biodiversity credits – or ‘biocredits’ – are emerging as a new kind of financial asset: a measurable, traceable and tradeable unit of biodiversity, that can incentivise nature conservation and restoration to benefit marginalised groups living with nature.
This recorded IIED seminar explains what biocredits are and how they might help to increase finance for nature and people. The seminar is part of a wider series that sees IIED researchers introduce their work by making connections to sectors and ideas that might surprise.