Biodiversity credits could help companies drive nature-positive change and create business value. The voluntary market today is still in its early stages, but it is poised to grow rapidly. With the right conditions in place for larger companies in major markets, global demand for biodiversity credits could reach $2 billion in 2030 and $69 billion by 2050. We have identified four potential use cases for how businesses could use biodiversity credits: 1. Enhance carbon credits for better nature outcomes 2. Access ecosystem services as inputs 3. Contribute to nature recovery beyond their own impact 4. Offer products bundled with nature recovery Different use cases will be relevant for different businesses. The appropriate role for biodiversity credits depends on an organization’s objectives and circumstances. Learn more in a new blog we have published for McKinsey Sustainability ⬇️ https://mck.co/4aNRJrf #McKinseySustainability #BiodiversityCredits
