The message behind the introduction of the rebalancing mechanism is that “environmental protection has a cost for society, but business is not required to pay for it,” the NGO said in its analysis. It warned that it risks undermining through a backdoor a flagship element of the European Green Deal and set a dangerous precedent. … Read more
That’s where companies like ADM play an important role. ADM’s regenerative agriculture program, which expanded from North America to Europe last year, is seeking to spur the widespread adoption of regenerative agriculture practices, such as planting cover crops and reducing tillage to keep more carbon in the soil, and verifying the practices using the latest … Read more
Rebalancing climate finance to increase and ‘ring fence’ investment and incentives across the full agri-food value chain – including in the hidden middle – is critical to stimulate momentum in food systems transformation and to simultaneously strengthen food security. This is particularly true for small and medium-sized enterprises, which account for most of the sector’s businesses.[7] … Read more
“The hesitation to intervene in our food choices stands in stark contrast to the commonly accepted use of pricing strategies to reduce demand for [fossil] fuels, as well as tobacco and alcohol,” the Wageningen paper observes. “Interventions are needed to support consumer behavior toward more healthy and sustainable diets.” Action should be targeted and nonintrusive, … Read more
Oscar Soria with the Common Initiative called it a “unique funding mechanism,” but said its voluntary status could be a problem. “The mechanism’s effectiveness will likely depend on the global community’s willingness to support it and on corporate recognition of the value in participating for reputational gain,” he said. Other highlights included the creation of … Read more
India has urged developed countries to urgently provide finance, technology and capacity-building resources to developing and poorer nations to help them achieve their biodiversity targets. Delivering India’s national statement at the 16th UN Biodiversity Conference in Cali, Colombia, Union Minister of State for Environment Kirti Vardhan Singh also announced that India will launch its updated … Read more
“Rather than new legislative proposals, we can achieve our objectives by better implementing and enforcing existing legislation while using incentives and new market-based tools to promote change,” Hansen said in reply to a question on whether the EU’s executive would propose the framework next year. Costas Kadis Cyprus’ Costas Kadis, the commissioner candidate for fisheries … Read more
Bogota, Colombia — Global environmental leaders gather Monday in Cali, Colombia to assess the world’s plummeting biodiversity levels and commitments by countries to protect plants, animals and critical habitats. The two-week United Nations Biodiversity Conference, or COP16, is a follow-up to the 2022 Montreal meetings where 196 countries signed a historic global treaty to protect … Read more
Two years after reaching a historic biodiversity agreement, countries will gather next week to determine whether they are making progress on efforts to save Earth’s plant and animal life. The agreement signed by 196 countries at the United Nations Biodiversity Conference calls for protecting 30% of land and water by 2030, known as 30 by … Read more
For supporters, biodiversity credits could unlock billions in much-needed funding for nature, but critics fear a repeat of scandals that have dogged other financial approaches to protecting the environment. Paying to safeguard tropical rainforests or compensate for habitat destruction is an area of growing interest, and trading credits in conservation will feature at this month’s … Read more
