Biodiversity credits are emerging as a significant tool in environmental conservation, offering a market-based mechanism to incentivize the protection and restoration of biodiversity and natural ecosystems.
However, the concept is still evolving, with various implications for policy, measurement and community engagement. This GLF Live, part one of a three-part series on the multifaceted world of biodiversity credits, brought together two esteemed speakers, Drea Burbank, CEO of Savimbo, and Michael Schmidt, CEO and co-founder of Biometrio.earth, to discuss the market perspective.
In Biodiversity credits part 1: A market perspective, join us as we unravel the complexities, opportunities and risks associated with this new approach to biodiversity conservation financing.
Drea Burbank, CEO of Savimbo, is an MD-technologist with 20+ years of experience in high-tech, hard science and serial entrepreneurship. Savimbo creates, certifies and sells biodiversity, carbon, tree and water credits.
Michael Schmidt, an expert in metrics and measurement systems for biodiversity credits, is the CEO and co-founder of Biometrio.earth, where he leads the development and implementation of innovative solutions for ecological monitoring. He previously served as the department head (Coordinador de Monitoreo de Integridad Ecosistemica) at the esteemed National Commission for the Knowledge and Use of Biodiversity (CONABIO) in Mexico.
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