Any casual reader of recent coverage of voluntary carbon markets will, rightly, be concerned about the scope for greenwashing and overstatement of benefits. Far.
Industry Voice: Impact Opportunities - investing to limit biodiversity loss
Federated Hermes
Nature is critical for human existence, but it is under increasing stress - because of us. Human activity, such as consumption, eating habits and energy needs, has altered almost 75% of the earth s surface. Forests are declining at an alarming rate owing to agricultural expansion and climate change, while almost 1m animal and plant species are threatened with extinction
[1]. According to the WWF s Living Planet Report 2020, global wildlife populations fell by 68%, on average, between 1970 and 2016, with some Australian populations plummeting by up to 97%.
It is estimated that damage to our ecosystems and the associated loss of biodiversity could cost the global economy $10tn by 2050