Carbon Pulse has published an insightful article that highlights the efforts of We are here Venice in addressing the ecological crisis facing the Venice lagoon. The piece discusses our pioneering work in leveraging biodiversity markets to support the restoration of this unique ecosystem, which is under threat from shipping activities and overtourism.
The article provides a detailed account about the implementation of an Australian benchmarking methodology, developed by Judith Fisher, professor at the University of Western Australia, to establish a biodiversity baseline within the city’s salt marshes. This initiative, part of the Vital project and the EU’s Horizon 2020 WaterLANDS programme, aims to attract high-integrity investments for long-term restoration efforts.
Jane da Mosto, shares insights on the challenges and potential of using biodiversity credits to finance restoration activities in an over-developed economy like Venice.
To learn more about our initiative and the innovative approaches being taken to preserve Venice’s lagoon, read the full article here.