Biodiversity Offsets: A Flawed Conservation Solution – New Analysis Debunks “No Net Loss” and Calls for Urgent Action
10 Oct 2024
Biodiversity offsets are a dangerous illusion—allowing corporations to profit while ecosystems are destroyed and communities pay the price, the Global Forest Coalition (GFC) warned today. Instead of supporting this failed strategy, governments and financial institutions must prioritize community-led biodiversity protection and uphold the rights of Indigenous People and local communities, women in all their diversities, and Afro-descendant communities, and recognize nature’s inherent value—one that cannot be reduced to a balance sheet, GFC said.
