In recent years, "biodiversity offsets" and "credits" have been promoted as one of the key ways to finance nature conservation and support global biodiversity goals. Simply put, 'biodiversity offsetting' is a system of assigning value to a habitat, plant or animal, meaning that a 'credit' or 'unit' can be bought or sold to 'compensate' for the damage caused, creating a financial incentive to protect natural wealth elsewhere. Biodiversity-rich developing countries are asking developed countries for more public funding and "debt relief" - which is different from climate finance - to help meet their biodiversity goals. (Aruna Chandrasekhar)