Australia at the forefront of a biodiversity credit market

AusBiz is a platform that connects Australian businesses with investors with the goal of informing, inspiring and sharing investment opportunities.

In a recent AusBiz interview with Andrew Geoghegan, Corporate Carbon’s Chief Technical Officer, Dr. Kate Dodds, spoke about Australia’s emerging biodiversity credit market and its potential to turn conservation efforts into investible assets.

Rewarding businesses for taking steps to reduce their environmental impact and for fostering practices that enhance biodiversity, Kate explained how our biodiversity market incentivises nature conservation. She went on to speak about key challenges to its success, including standardising measurements.

"You can’t value one species above another," said Kate, referring to the complexities of comparing different types of habitats. Despite this, Kate sees significant promise for the market in Australia with federal support and a standardised biodiversity unit.

“The voluntary biodiversity market is active overseas and in Australia we have a real opportunity to be a world leader in this type of environmental market,” said Kate. “There is a lot of potential for investment in the future.”