yungenchee.bsky.social Profile picture
Apr 23, 2023 8 tweets 7 min read Read on X
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?🧵
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 & Explorati...Minerals Council of Austral...Urban Development Institute...
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 Conservation Fou...Australian Land Conservatio...Australian Sustainable Fina...
cont'd
Orgs OPPOSED but RESIGNED to use of biodiversity certifications as offsets in #NatureRepairMarket—CALLS for CONDITIONS
💠Environmental Defenders Office
💠Environmental Justice Australia
💠Greening Australia
💠National Environmental Law Association
💠NRM Regions Australia Environmental Defenders Off...Greening Australia submissi...National Environmental Law ...NRM Regions Australia submi...
cont'd
Orgs OPPOSED but RESIGNED to use of biodiversity certifications as offsets in #NatureRepairMarket—CALLS for CONDITIONS
💠The Nature Conservancy
💠Trust for Nature (Vic)
💠WWF Australia The Nature Conservancy subm...Trust for Nature (Vic) subm...WWF Australia submission on...
Orgs OPPOSED to use of biodiversity certifications as offsets in #NatureRepairMarket—seek EXPLICIT EXCLUSION
💠ACT Govt
💠Biodiversity Council
💠Birdlife Australia
💠Humane Society Intl
💠Law Council of Australia
💠Wentworth Group of Concerned Scientists
💠Wilderness Society ACT Government submission o...Biodiversity Council submis...Birdlife Australia submissi...Wentworth Group of Concerne...
Orgs OPPOSED to #NatureRepairMarket FULL STOP

💠Bob Brown Foundation Bob Brown Foundation submis...Bob Brown Foundation submis...
How do Orgs regard the use of biodiversity certificates/credits as offsets in #NatureRepairMarket

Summary table of Orgs covered in 🧵above Image

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More from @YungEnChee1

Apr 16, 2023
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-…
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 Image
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 Image
Read 8 tweets

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