Discover and read the best of Twitter Threads about #NatureRepairMarket
Most recents (3)
The Australian Government @DCCEEW last week quietly released draft National Environmental Standards (NES) for Matters of National Environmental Significance (MNES) as part of its #EPBCAct reform.
*2 weeks consultation*, due 22 May 2023
A🧵on key issues👇
consult.dcceew.gov.au/draft-nes-for-…
*2 weeks consultation*, due 22 May 2023
A🧵on key issues👇
consult.dcceew.gov.au/draft-nes-for-…
Note the overarching MNES standard is the first to be released, there are others in development that will be released (hopefully) soon, including for:
- Environmental Offsets
- Regional Planning
- First Nations Engagement and Participation
- Community Engagement
2/
- Environmental Offsets
- Regional Planning
- First Nations Engagement and Participation
- Community Engagement
2/
First, what's the overall goal? #NaturePositive! (it's mentioned 19 times in the document)
What does this mean? Apparently - a "collective outcome" where the environment is "repaired, regenerated and protected", requiring action everyone, not just government.
Some issues:
3/
What does this mean? Apparently - a "collective outcome" where the environment is "repaired, regenerated and protected", requiring action everyone, not just government.
Some issues:
3/
Biodiversity offsets have a dismal track record of failure to properly compensate for permitted impacts (NNL) whilst enabling rorting, greenwashing & worse
How do orgs regard the use of biodiversity certificates/credits as offsets in #NatureRepairMarket?🧵
How do orgs regard the use of biodiversity certificates/credits as offsets in #NatureRepairMarket?🧵
Orgs that WANT/SUPPORT the use of biodiversity certificates as offsets in #NatureRepairMarket
💠Assoc of Mining & Exploration Companies
💠Chamber of Minerals & Energy of WA
💠Minerals Council of Australia
💠Property Council of Australia
💠Urban Development Institute of Australia
💠Assoc of Mining & Exploration Companies
💠Chamber of Minerals & Energy of WA
💠Minerals Council of Australia
💠Property Council of Australia
💠Urban Development Institute of Australia
Orgs OPPOSED but RESIGNED to use of biodiversity certifications as offsets in #NatureRepairMarket—CALLS for CONDITIONS
💠Australian Climate & Biodiversity Foundation
💠Australian Conservation Foundation
💠Australian Land Conservation Alliance
💠Australian Sustainable Finance Inst
💠Australian Climate & Biodiversity Foundation
💠Australian Conservation Foundation
💠Australian Land Conservation Alliance
💠Australian Sustainable Finance Inst
Minister Plibersek claims "Businesses tell me all the time that they want to invest in nature because their shareholders, customers and staff are demanding it"
But what do businesses ACTUALLY say in their submissions on the #NatureRepairMarket bill? 🧵
consult.dcceew.gov.au/nature-repair-…
But what do businesses ACTUALLY say in their submissions on the #NatureRepairMarket bill? 🧵
consult.dcceew.gov.au/nature-repair-…
The Australian Sustainable Finance Institute is
💠unclear about where the private demand for #NatureRepairMarket credits will come from in the short to medium term, beyond philanthropy
💠unclear about where the private demand for #NatureRepairMarket credits will come from in the short to medium term, beyond philanthropy
The Carbon Market Institute makes upbeat noises about #NatureRepairMarket before
💠admitting there've "only been a few nature-positive market transactions globally" &
💠calling for a "thorough analysis of demand and supply" plus "stimulus options" for market participation
💠admitting there've "only been a few nature-positive market transactions globally" &
💠calling for a "thorough analysis of demand and supply" plus "stimulus options" for market participation
