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Biodiversity: Giving credit to nature – and saving species

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Lea Henzgen has a vision: “In the next ten years we want to create a million hectares of habitat for wild animals.” The goal sounds great. Because the Dabchick wildlife sanctuary is there now South Africawhich is home to giraffes, antelopes, rhinos and leopards, among others, only 2,000 hectares in size. Lea and her AMES group want to create 500 times more space for endangered animal species.

Rhinos in the Dabchick reserve in South Africa: Since the introduction of two cows and rotating bulls, the herd has increased to more than 20 animals.

Source: Jochen Klöck


They need a lot of money for this big expansion. And this is to be collected with the help of so-called biodiversity credits: vouchers for species protection that AMES has just put on the market. The concept behind it is also supported by the United Nations.

How it should work, plus the most important questions and answers:

Is that Biodiversity Credits?

In German they are also known as “gender diversity certificates”. They are trade organizations that provide financial support for the protection and promotion of biological diversity. Anyone who buys such credits contributes money to projects that preserve or restore biodiversity on earth, for example by protecting areas of outstanding biodiversity or through reforestation or regeneration.

Experts hope that the certificates will increase in value and can be resold at a profit at some point. No one can guarantee yet if it will work this way.

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Who can sell biodiversity credits?

People and organizations that own a piece of land and ensure its permanent existence biodiversity protected or restored – ie animals, plants and their various habitats. It is the duty of the sellers to provide evidence of this service. To do this, important animals and plants must be identified and counted.
This is done partly by people on site, but above all through automatic cameras and microphones that come through Artificial intelligence to evaluate. In addition, there is analysis of satellite images, and genetic analysis of water and soil samples is also possible.
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Who should buy biodiversity credits?

With Biodiversity Credits, companies can take environmental responsibility, reduce their ecological footprints and comply with EU sustainability guidelines. Governments can buy biodiversity credits as part of their commitments to conserve natural areas​​​​​​or to compensate for environmental damage caused by infrastructure projects.

Investors who rely on sustainable financial returns see biodiversity credits as an opportunity to achieve financial and ecological returns. Private individuals can also purchase biodiversity credits to contribute directly to environmental protection.

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How important are biodiversity beliefs for global species protection?

The expectations are high. The United Nations has set a goal to protect 30 percent of land and sea areas by 2030. To achieve this, much more money is needed than the rich industrialized countries have provided so far.

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The UN estimates that the funding gap is well over 600 billion euros per year. All the experts agree that this money will not come from grants or through government programs.

That is why all players hope that biodiversity credits will develop a market worth billions through which the global protection of species can be promoted. Today, no one can predict with certainty whether and how well it will work.

Biodiversity: Giving credit to nature – and saving species

Source: ZDF



2024-11-09 19:27:00
#Biodiversity #Giving #credit #nature #saving #species

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