Biodiversity credits

Biodiversity credits are a market-based system designed to protect and restore nature. When a company or developer impacts natural habitats or species, they can purchase these credits to offset their environmental harm. Each credit represents a commitment to protect or restore a specific amount of biodiversity, such as planting trees or preserving ecosystems. This system aims to incentivize conservation efforts, encouraging businesses to contribute positively to the environment while allowing for necessary development. Essentially, it’s a way to balance economic growth with the need to maintain healthy ecosystems.