Knowledge Products
Issue Paper #3
Definition of a Biodiversity Credit
This issue paper contributes to the clarification of concepts and language which are instrumental in the process of developing an inclusive and high-integrity market in biodiversity credits. In the rapidly emerging landscape of ecological units and markets, all stakeholders need to speak the same language. This issue paper brings together many perspectives to present an inclusive but clear definition that sets minimum standards for biodiversity credits and projects associated with them.
Issue Paper #2
Review Mechanisms for Supply-side Quality and Integrity in the Biodiversity Credit Market
Markets can only be built where there is trust, and trust is built on the foundations of quality and integrity. This issue paper explores various scientific review processes and assessment frameworks, and incorporates relevant guardrails developed for the carbon market. It goes on to provide a set of recommendations to peer-review and assess the eligibility of biodiversity credits being minted through specific methodologies, so that a foundation for robust governance is established from the outset.
Issue Paper #1
Demand-side Sources and Motivation for Biodiversity Credits
BCA anticipates rapid growth in demand for various types of biodiversity and nature credits that can be purchased to meet nature positive goals. With a better understanding of demand drivers, diverse stakeholders can ensure that potential demand for biodiversity credits is efficiently matched by supply. This issue paper makes a first foray into understanding potential sources of demand for biodiversity credits, demand drivers, and factors that may influence demand.
Discussion Paper
Communities and nature markets: Building just partnerships in Biodiversity Credits
BCA believes that investors should be more aware of the important role of Indigenous Peoples and Local Communities in stewarding nature and biodiversity—and by extension, the necessity for them to lead in biodiversity credit markets. This paper focuses on the business case for investors to support Indigenous- and locally-led approaches in biodiversity credit markets on fair terms, that ultimately lead to reduced risk and better outcomes for all stakeholders.