The biodiversity Market Mirage – Report

A report by Friends of the Earth International and collaborators presented at COP16 in Cali, Colombia, which critiques biodiversity offsetting and crediting as market-based schemes that fail to address the biodiversity crisis and undermine the rights of Indigenous Peoples.

• The report argues that biodiversity offsets and credits are market-based schemes rooted in free-market capitalist ideology that falsely suggest biodiversity loss in one location can be compensated for in another.
• The document asserts that the focus on quantifying and assigning financial value to nature has overshadowed the necessary solutions for stopping ecosystem destruction and upholding the Rights of Indigenous Peoples.
• The report characterizes biodiversity offsetting and crediting as false solutions driven by those who benefit from neoliberal economic monetisation and financialization.

APA

Marien, N., Fernandez, M., Counsell, S., Dellasta, H., Hache, F., Gilbertson, T. L., Martínez, V. F., & Ching, L. L. (n.d.). The biodiversity Market Mirage – Report. Friends of the Earth International. https://www.foei.org/publication/biodiversity-offsetting-crediting-report/

Chicago

Marien, Nele, Mirna Fernandez, Simon Counsell, Heitor Dellasta, Frédéric Hache, Tamra L Gilbertson, Valentina Figuera Martínez, and Lim Li Ching. The biodiversity Market Mirage – Report. Friends of the Earth International, n.d. https://www.foei.org/publication/biodiversity-offsetting-crediting-report/.

Wikipedia

{{cite report |last1=Marien |first1=Nele |last2=Fernandez |first2=Mirna |last3=Counsell |first3=Simon |last4=Dellasta |first4=Heitor |last5=Hache |first5=Frédéric |last6=Gilbertson |first6=Tamra L |last7=Martínez |first7=Valentina Figuera |last8=Ching |first8=Lim Li |title=The biodiversity Market Mirage – Report |publisher=Friends of the Earth International |url=https://www.foei.org/publication/biodiversity-offsetting-crediting-report/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{marienndbiodiversity, author = {Marien, Nele and Fernandez, Mirna and Counsell, Simon and Dellasta, Heitor and Hache, Frédéric and Gilbertson, Tamra L and Martínez, Valentina Figuera and Ching, Lim Li}, title = {{The biodiversity Market Mirage – Report}}, institution = {Friends of the Earth International}, url = {https://www.foei.org/publication/biodiversity-offsetting-crediting-report/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }