The credibility of carbon credit schemes is vital to a successful market. Buyers must be able to have confidence that their money has been well spent to avoid the risk of reputational damage associated with “greenwashing”, while sellers need to carefully define what it is that they are selling if the market for stacked benefits is to develop.

Defra has announced funding for 27 projects which will develop and test models for private investment in nature recovery. The projects have been awarded between £67,000 and £100,000 each through Round One of the Natural Environment Investment Readiness Fund.

The key messages of the Dasgupta Review of the Economics of Biodiversity (published on 2nd February 2021) include: The economy is embedded within nature, not separate from it. Biodiversity is important to ensure that the environment is more resilient to shocks and more capable of sustaining all life…