What is the legal framework in Peru for habitat banks? In Peru, there is not yet a fully developed Habitat Banking system; however, the concept is recognized within the technical framework of environmental compensation. The relevant references are found in the “Guía para la Compensación Ambiental en el marco del SEIA” published by the MinistryRead more
After analyzing MERESE and biodiversity credits, a new figure emerges that combines regulation, territorial planning, and market logic: habitat banks. Let us briefly recall the difference: • MERESE is an scheme through which those who benefit from an ecosystem service — such as water provisioning — finance conservation or restoration actions. Their logic is retributive:Read more
In the previous installment, we examined how biodiversity credits convert verifiable ecological improvements into tradable units capable of mobilizing private financing for conservation. However, a key question remains open: who is willing to pay for these credits, and what forces are shaping this emerging global market? Moreover, what is the legal framework in Peru? WhoRead more
In the second installment of this series, we examined how MERESE mechanisms introduce incentives for conservation by financing management and restoration activities. Biodiversity credits, however, represent the next evolutionary step: a system in which financing is activated only when measurable and verified ecological results are achieved. While MERESE mechanisms pay for carrying out activities, biodiversityRead more
In the first installment of this series, we explained the root cause of ecosystem degradation: their value is not reflected in any market price, and the services they generate function as public goods. To address this gap, the Ministry of the Environment (MINAM) has created one of the most advanced regulatory frameworks for environmental financingRead more
The term “sustainability” has become a widely used word in business, regulatory and academic discourse. However, its meaning varies significantly depending on who uses it and from which professional or disciplinary lens it is approached. In this post, we explore the ambiguous nature of the sustainability concept, its main interpretations, and how it is appliedRead more
Decades ago, environmental compliance was limited to companies whose operations interacted with and impacted the environment. In recent years, environmental compliance and sustainability policies have become increasingly relevant across all sectors, as reflected in various reporting standards and requirements (CRSD, CDP, TCFD, TNFD, among others). Based on my professional experience in environmental management within theRead more
The advancement of technology has allowed companies and public entities to optimize their operations regarding environmental compliance and monitoring. For example, remote sensors connected through the Internet of Things (IoT) facilitate real-time data collection, making access to information a challenge of the past.However, a new challenge arises: “What do we do with so much informationRead more
