A framework based on payments for ecosystem services to support the delivery of high integrity carbon and biodiversity credits

Julian Clifton and Kathleen Schwerdtner Mánez

Ecosystem Services, 2025, vol. 73, issue C

Abstract: There is an urgent need to address the gap in funding between existing governmental commitments to combat the twin global crises of climate change and biodiversity loss and the finances required to meet globally agreed targets in these areas. Carbon and biodiversity credit schemes are increasingly recognised as a means to mobilise private sector contributions towards this shortfall whilst enabling innovative mitigation and adaptation to the impacts of climate change and biodiversity decline. Furthermore, it is widely recognised that natural resource management programmes must achieve the active support of local communities if they are to realise their intended outcomes.

Keywords: Voluntary carbon and biodiversity schemes; High integrity credits; Biodiversity conservation; Ecosystem services; Climate change Justice; Equity and fairness (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoser:v:73:y:2025:i:c:s2212041625000282

DOI: 10.1016/j.ecoser.2025.101724

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