COP16 Summary Report: Biodiversity Credits Market Analysis

This report provides an overview of key developments from COP16 in Cali, Colombia, marking IETA’s inaugural attendance at a biodiversity COP. This significant event brought together a diverse array of stakeholders from around the globe, fostering discussions about the urgent need to protect biodiversity and address the environmental challenges we face. Within this report, we examine various frameworks for private sector engagement that highlight how businesses can contribute to biodiversity conservation. We also delve into initiatives related to biodiversity, focusing on innovative approaches that aim to balance human needs with the preservation of ecosystems. Additionally, we explore the emerging biodiversity credits market, identifying both the challenges it faces and the potential solutions that can drive meaningful engagement and investment in biodiversity.

In our analysis, we reflect on valuable insights from the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) as well as the 2030 Agenda for Sustainable Development. These frameworks emphasize the importance of actionable steps as we collectively strive towards a sustainable and resilient future for our planet. By providing a roadmap for collaboration and effective practices, we aim to encourage stakeholders to take significant strides in biodiversity conservation. Together, we can foster a more sustainable relationship with nature, ensuring that our commitment to biodiversity translates into impactful actions that benefit both the environment and future generations.

Read the full report here.