To encourage new investments in more effective reef restoration activities, Australian scientists are recommending a new way of measuring biodiversity on coral reefs. A team of Australian environmental scientists led by James Cook University’s distinguished professor Morgan Pratchett proposes a more rigorous and transparent framework in a paper published in the journal One Earth.
Biodiversity credits, such as those associated with the New South Wales government’s Biodiversity Offsets Scheme, are intended to facilitate investment in environmental restoration projects that deliver improvements in biodiversity.
“There’s a massive shortfall in conservation funding, but there is also a clear demand for biodiversity credits … to allow for nature-positive investment by a range of organizations,” Pratchett said.
Continue reading at physics.org.
