Biodiversity credits, also known as biocredits, are financial instruments aimed at incentivizing nature conservation, similar to carbon credits. They are intended for companies or nations that need to offset the losses or impacts caused by their activities on the ecosystem.
The creation of biodiversity credits aims at the restoration and conservation of nature, and the resources generated by them are used to support conservation projects. Additionally, the purchase of these credits demonstrates environmental concern and commitment to sustainability.
The projects supported by biocredits must follow established criteria and include the creation or restoration of natural habitats, as well as sustainable management of natural resources and the protection of endangered species.
In general, companies develop these credits by identifying and preparing a detailed plan to preserve a threatened habitat, in partnership with the area's owners.