Australia launches new nature repair market, facing calls to prioritize conservation over cost.

Australia is launching a "nature repair market" to fund environmental projects through private investment, similar to its existing carbon credit scheme. However, a study shows that the carbon credit scheme often fails to protect threatened species, as projects are concentrated in areas with little significant habitat. Experts warn that the new market should focus on effective conservation outcomes rather than cost-cutting measures.

November 18, 2024
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