The novel mechanisms promise to mobilise more private financing for conservation, but risk distracting developing countries from addressing underlying debt issues and could ultimately be exploitative, say experts.
To mark the International Day for Biodiversity, a new United Nations report highlights the importance of conserving less iconic species threatened by the illegal wildlife trade.
Communication and baseline setting for local community impact has been a key challenge despite almost two years of engagements, said project developer SaraCarbon, whose carbon project is the state's first in line for Verra certification.