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
Indicator
Metric type
Framework alignment notes
GBF Target 5, Target 9
TNFD A23.6 (mandatory credit market) and A24.4 (voluntary credit market)
Target example
[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
Value chain stage
Manufacturing
Metric assessment
Relevance:
Medium
Feasibility:
High