ShareAction has responded to the International Advisory Panel on Biodiversity Credits (IAPBC)'s Call for Views. Biodiversity credits are an emerging market, with huge interest from the financial sector, and strong regulatory ambition is needed to ensure these schemes provide real gains for nature whilst engaging all affected stakeholders. We have called for stronger definitions and clarity between credits and offsets, as well as proper enforcement of the mitigation hierarchy, alongside recognition and respect of the rights of Indigenous Peoples and local communities.