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 : Currency

Indicator : Capital allocated to managing nature risks and opportunities

Metric Type : Response

Frameworks alignment notes

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

Built Environment

Value chain stage

Manufacturing

Metric assessment

Relevance: Medium

Feasibility: High

Related Actions

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