Exploring design principles for high integrity and scalable voluntary biodiversity credits

Briefing or opinion
Research report

Published December 2022 by The Biodiversity Consultancy. Authored by Koh, N.S., Loveridge, R., Starkey, M., Bennun, L., Booth, H., Hawkins, F., Mitchell, W., Prescott, G. and Rose, J.

Summary

This working paper discusses opportunities for promoting investment in biodiversity conservation and recovery through biodiversity credits, highlighting key risks and the lessons learned from other market-based mechanisms. It outlines an initial set of high integrity principles for developing scalable, high integrity biodiversity credits and a global measurement framework, which cover ecological, social and financial dimensions. The paper also makes recommendations for the future of the biodiversity credit market, such as: building in processes for learning and refinement; wide stakeholder engagement and constructive dialogue; and a willingness to communicate, learn and adapt from early efforts to deliver on promises.
Research detail

Exploring design principles for high integrity and scalable voluntary biodiversity credits

Briefing or opinion
Research report

Published December 2022 by The Biodiversity Consultancy. Authored by Koh, N.S., Loveridge, R., Starkey, M., Bennun, L., Booth, H., Hawkins, F., Mitchell, W., Prescott, G. and Rose, J.

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