Biodiversity Credits - An Opportunity to Create a New Crediting Framework for Nature Markets

• Biodiversity credits have to potential of accelerating funding for biodiversity conservation while benefiting local communities and biodiversity custodians.

• To make voluntary biodiversity credits (biocredits) work for nature and its custodians, we need to step out of the carbon credit framing for both technical, social and practical reasons. 

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Authors:

Mariana Sarmiento Chief Executive Officer of Terrasos, biodiversity custodian, Colombia

Simon Morgan Chief Biodiversity Officer of ValueNature, & Biodiversity Custodian, South Africa.

Mauricio Serna Technical Specialist at Terrasos

 

Suggested citation:

Sarmiento, M., Morgan, S. and Serna, M. (2023). Biodiversity credits - an opportunity to create a new crediting framework for nature markets. Bogota, Colombia: Terrasos, UK Government, Partnerships for Forests, ValueNature.

 

Acknowledgements:

Terrasos would like to express its gratitude to the Partnerships for Forest Program for their support in advancing the scaling of biodiversity credit markets. Additionally, we extend our appreciation to Greg Landua from Regen Network, Charles Bedford from Carbon Growth Partners, and Tim Male from the Environmental Policy Innovation Center for their valuable contributions and feedback