Mandatory credit market schemes: Value of total biodiversity offsets purchased and sold by type and scope (geographies, activities) Voluntary credit market schemes: value of total biodiversity offsets purchased and sold by type and scope (geographies, activities)

Unit

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: Currency

Indicator

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: Capital allocated to managing nature risks and opportunities

Metric type

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: Response

Framework alignment notes

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GBF Target 5, Target 9
TNFD A23.6 (mandatory credit market) and A24.4 (voluntary credit market)

Target example
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[Company name] aims to limit the purchase of [voluntary and/or mandatory] biodiversity offsets to no more than [target amount, in absolute amount, or percentage] of our total impact mitigation efforts by [target year], ensuring that offsets are used only as a last resort after all other mitigation measures have been exhausted.

Target source: WBCSD target template

Sector

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Built Environment

Value chain stage

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Manufacturing

Metric assessment

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Relevance: Medium

Feasibility: High

Related actions

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Undertake compensatory conservation through target-based ecological compensation

Undertake compensatory conservation through target-based ecological compensation

Description

Value chain stage

Manufacturing

Sector of stage operator

Built Environment

How the action applies

Coming soon

Raw Materials
Built Environment

Coming soon