Learnings from Government-Led Approaches to Nature Credit Markets
View PublicationThe Kunming-Montreal Global Biodiversity Framework (GBF) sets out humanity’s vision to halt and reverse nature loss, a key component of which is the need to mobilise greater funding to close the biodiversity finance gap. The GBF emphasises the need for a range of financial instruments to be deployed in order to accelerate the transition to a nature-positive future, including nature credits and credit markets.
Building on the momentum of the GBF, the International Advisory Panel on Biodiversity Credits (IAPB) was launched in mid-2023. Its Framework for high integrity biodiversity credit markets, unveiled at CBD COP16 in October 2024, sets out principles of high integrity – covering robust measurement, equity and inclusion, and good governance – to support credit markets to develop in ways that are credible, timely and coherent on an international scale.
This study, the first of its kind and produced by IAPB in collaboration with the Environmental Policy Innovation Center and Forest Trends, seeks to provide an overview of policy-driven approaches to nature credit markets around the world.