Talk:Biodiversity Impact Credit

Neutrality?
Hello @UtherSRG

Please could you explain the neutrality dispute - thanks Chidgk1 (talk) 11:53, 12 February 2024 (UTC)


 * It is one sided. It does not have any views on downsides to the system. - UtherSRG (talk) 11:57, 12 February 2024 (UTC)
 * Ah I see - that seems to be already covered by the other tag you added ‘too few opinions’. However if you or anyone else tries to add the downside and it is reverted then the dispute could be discussed here Chidgk1 (talk) 12:12, 12 February 2024 (UTC)

Name of the article?
Perhaps “Biodiversity Credit” is the common name? Chidgk1 (talk) 11:55, 12 February 2024 (UTC)


 * There is a term "biodiversity credit" for a general concept. It's meant to be similar to carbon credits, but so vaguely defined that I can't give you a precise general definition here. Different kinds of biodiversity credits differ by the way in which biodiversity is measured, amongst others. "Biodiversity Impact Credit" is the name of a particular type of biodiversity credit based on a particular metric. Pinkchiken (talk) 15:48, 16 February 2024 (UTC)
 * On this note: the following passage in "Controversy" relates to a very different kind of metric of biodiversity:
 * "In England from 2024 the government is aiming for a net gain in biodiversity, but it is not yet known how successful these rules to make builders compensate for nature loss will be."
 * It relates to the "Biodiversity Metric" of Defra here.
 * It has nothing to do with Biodiversity Impact Credits. Can we please delete above passage? Pinkchiken (talk) 16:00, 16 February 2024 (UTC)
 * Please do as you think best as you obviously know far more than me - I will not be offended by whatever you edit here Chidgk1 (talk) 18:53, 16 February 2024 (UTC)
 * So do you think Wikipedia should have an article called biodiversity credit? Chidgk1 (talk) 18:56, 16 February 2024 (UTC)
 * Yes, a separate Wikipedia entry would be helpful. Biodiversity credits are mentioned in Target 19 of the Kunming-Montreal Global Biodiversity Framework and there is plenty of international activity around this topic. Pinkchiken (talk) 15:43, 17 February 2024 (UTC)
 * I am a bit confused - if UK builders will not be buying Biodiversity Impact Credits then who will? Chidgk1 (talk) 19:00, 16 February 2024 (UTC)
 * English builders are required by English planning law to offset their negative impacts as quantified by Defra's "Biodiversity Metric", which measures changes in the quality and area of affected habitats amongst others. So Biodiversity Impact Credits, which measure a different aspect of biodiversity (impacts on the mean risk of global species extinction) and are defined in a very different way, are of no immediate use to them. The direct impact of construction work in England on species extinction risk is tiny when compared, e.g., to the impact the same construction project would have in Guatemala.
 * Large internationally operating businesses, banks or portfolio managers might want to buy Biodiversity Impact Credits (BICs), e.g. because BICs are internationally tradable, are theoretically better supported, or can quantitatively be shown to compensate the diffuse negative impacts they have on species extinction risk. Pinkchiken (talk) 15:55, 17 February 2024 (UTC)