Developing criteria and indicators for biodiversity investment
Synonyms: Measuring impacts of biodiversity investments
Description: If new investments, especially of private capital, are to be encouraged for biodiversity-related activities then criteria and indicators will be required as a means of identifying the investments impact on biodiversity.
Context: In 1995, twelve nations with 90% of the world's temperate and boreal forests came together under the Montreal Process Working Group to endorse a comprehensive set of "criteria and indicators" of sustainable forest management. Today, over 150 countries are beginning to implement such criteria and indicators.
Implementation: Criteria options include certification processes and ecolabelling schemes for forestry, fisheries, tourism, farming and mining.
Subjects: InvestmentMeasurementQuality unificationDevelopment
Type Classification: G: Very Specific strategies