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New online! Limitations of carbon markets for biodiversity conservation
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Limitations of carbon markets for biodiversity conservation
Nature Reviews Biodiversity, Published online: 24 March 2026; doi:10.1038/s44358-026-00150-4Nature-based carbon projects are widely promoted as delivering both climate and biodiversity benefits. However, carbon accounting requirements can diverge from the needs of biodiversity conservation. This Perspective examines challenges related to additionality, leakage, permanence and unintended social and ecological impacts, highlighting limits to the utility of carbon markets for conservation.