All this is very stimulating for business, environmental, sustainability, legal, & finance industry consultants seeking a slice of action at every stage

But what actual benefits will Nature Repair Market deliver for biodiversity or nature?

#NatureRepairMarket #NatureAsAnAssetClass

#NatureRepairMarket Didn't get to Bren's talk. But glad we hold convergent views of this

Biodiversity management is a complex public good better delivered by direct public investment (aka don't let your government play dead)

Bonus 🙄-worthy nature & carbon financialisation terms*:
'nature positive market'
'unitisation for liquidity'
'fungibility of carbon & nature units'
'provision for stapling'
'stacked or multiple issuance products'
'blended finance'
'concessional equity'

*fr submissions re 🇦🇺 #NatureRepairMarket

Conservation groups challenge Labor over ‘lack of urgency’ on environment laws Government’s proposed reforms do not address the dire state of the nation’s natural environment, letter to Tanya Plibersek says

ENGOs should challenge VIGOROUSLY

Grievances:
☹️Lack of urgency - yup, 1120 days since #EPBC review delivered!
☹️Pointless distraction of ill-conceived #NatureRepairMarket ☹️Regressive to adopt Pay-to-Destroy
☹️EPA to be kept on a leash for decisions Minister considers “in the national interest”

I find it stunning how people are championing the #NatureRepairMarket with the same blind blithering ignorance with which previous #greewashing policies were supported. The only way we can have effective nature repair is if there are no exceptions, but exceptions are what we have in spades. 🌏