A research report suggests that “Carbon for nature” projects in Australia could help bridge the financing gap for biodiversity protection by emphasizing high-integrity carbon farming projects that promote landscape restoration and increased biodiversity habitats. The study, co-authored by NRM Regions Australia and the Carbon Market Institute, calls for a shift towards supporting nature outcomes in carbon markets through better transparency and pricing mechanisms, with a focus on projects that deliver additional environmental benefits alongside carbon abatement. The report highlights the potential for “Carbon for nature” initiatives to address the dual challenges of climate change and biodiversity loss by encouraging investments that prioritize nature outcomes in carbon farming projects.
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