*old* Bloom Labs: Biodiversity Credit Schemes
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1
BioCarbon Registry | Biodiversity Standard
2
Biodiversity Net Gain
3
Botanic Gardens Conservation International
4
CarbonZ
5
CreditNature
6
EarthAcre
7
Ekos
8
ERA Brazil
9
GreenCollar | NaturePlus™
10
InvestConservation®
11
New South Wales Biodiversity Offset Scheme
12
NewAtlantis Labs
13
Niue Ocean Wide Trust
14
Open Earth Foundation | Ocean Program
15
Organization for Biodiversity Certificates
16
Plan Vivo | Pivotal-for-PV Nature
17
Rebalance Earth
18
recelio
19
Savimbo
20
Single Earth
21
South Pole
22
South Pole | EcoAustralia
23
Swedish University of Agricultural Sciences
24
Terrain NRM
25
Terrasos
26
ValueNature
27
Verra | SD VISta Nature Framework
28
Wallacea Trust
29
WCS HIFOR
30
Wilderlands
Drag to adjust the number of frozen columns
Biodiversity Credit
A voluntary biodiversity standard designed by the Colombian environmental asset registry BioCarbon Registry.
Voluntary
Outcome-based
No
Colombia
Off-chain
https://biocarbonregistry.com/en/
Preservation
Restoration
Sustainable Use
Terrestrial
List of Metrics
Species
Habitat
Factors: 1. Area size 2. Landscape biodiversity (composition & configuration, land cover/land use proportion, landscape element morphology, landscape fragmentation, and landscape connectivity) 3. Species richness 4. Species diversity 5. High Conservation Values 6. Threatened species
10 years
1ha
N/A
N/A
https://biocarbonregistry.com/methodologies/BCR-Methodological-document-NBG.pdf
Flexible
BioCarbon Registry
- Is operational
- Pricing complexity - Methodology complexity - Scalability
Yes
Ex-post (post verification/milestone)
Not Allowed
N/A
Yes
Flexible
Yes
50%+
N/A
Not Allowed
N/A
Biodiversity Unit
November 2023
England's compliance biodiversity offsetting mechanism for land developers. For most new developments a Biodiversity Net Gain of 10% will be required. An additional statutory biodiversity credits (not units) scheme is also developed (as a last resort) that allows the UK government to sell biodiversity credits to developers if the required biodiversity net gains cannot be achieved on-site or through the off-site market.
Compliance
Outcome-based
N/A
England
Off-chain
https://www.gov.uk/government/collections/biodiversity-net-gain
Preservation
Restoration
Terrestrial
List of Metrics
Habitat
Factors: 1. Habitat distinctiveness 2. Habitat condition 3. Habitat strategic significance
30+ years
N/A
N/A
N/A
https://publications.naturalengland.org.uk/publication/6049804846366720
- Field surveys
BNG Register
- Experience - First true national scheme globally
- Complexity
Yes
Ex-ante (forecasted)
Allowed
N/A
N/A
Every 1-10 years (with decreasing frequency)
N/A
N/A
N/A
Allowed
N/A
Biodiversity Impact Credit
~Q4 2023
World’s largest plant conservation and botanical network with over 650 member institutions and 60,000 experts in more than 100 countries. Has created a biodiversity methodology that focuses on trees close to extinction, large-scale afforestation and deforestation and organizational biodiversity footprints. The metric utilizes a simple formula whose main focus is reducing tree extinction risk. Projects are run by local experts from BGCI's member organizations.
Voluntary
Outcome-based
No
Global
Off-chain
https://www.biodiversitystandard.org/
Preservation
Restoration
Endangered Trees
Terrestrial
Number of Trees
Species
# of credits = proportion that project added to total tree species population. Example: 20 individuals remaining, 200 added gives BIC = 200/(20+200) = 0.91 species. Numbers of immature individuals are multiplied by probability to survive to adulthood. If more than one species is involved, sum proportions over all species.
5+ years
N/A
~$500k per tree species saved
Has 2 different ones: 1. Methodology for trees close to extinction 2. Methodology for large scale afforestation and deforestation
http://biodiversitycredits.info/BIC-Methodology-2023.pdf
- Questionnaire responses - Remote sensing (satellites) - Field sampling/observations Verification will be done by unrelated BGCI members with quarterly reporting on project milestones, tree numbers, growth and survival.
N/A
- Reputation - Simplicity
- In-house credit issuance (not using certified 3rd party registries)
Yes
Ex-post (issued for actual tree numbers, post verification)
Allowed
N/A
Yes
Every year
Yes
N/A
N/A
Allowed
N/A
CarbonZ Biodiversity Action Credit
Biodiversity credit for pest control action, focused on NZ’s endemic whio (blue duck) preservation. Only NZ citizens and companies (both NZ and international) can buy the credits through the app. Non NZ citizens have to reach out directly to purchase credits.
Voluntary
Practice-based
Yes
New Zealand
Off-chain
https://www.carbonz.io/about-5
Preservation
Restoration
Pest Control
Terrestrial
Rivers
List of Activities
Habitat
Factors: 1. New trap costs (150 NZD) 2. Consumables (35 NZD) Credits are based on habitat size controlled, not on quantified biodiversity uplift.
1 year
100m
3 credit types: 1. Whio Region: Waioweka Gorge Area Protected: 100m/credit Price/unit: $200 2. Mohua Region: Makarora Area Protected: 15 ha/credit Price/unit: $200 3. Kea Region: Matukituki Valley Area Protected: 33 ha Price/unit: $700
N/A
https://www.carbonz.io/about-7
N/A
CarbonZ
- Simplicity
- Simplicity
Yes
Practice-based
N/A
N/A
No
Every year
No
90%
N/A
N/A
N/A
Nature Impact Token
Biodiversity credit scheme focused on ecosystem integrity & rewilding.
Voluntary
Outcome-based
N/A
Scotland
On-chain
https://creditnature.com/
Restoration
Sustainable Use
Terrestrial
List of Metrics
Ecosystem
Credits represent quantified ecosystem integrity using CreditNature's NARIA metric framework (scored 0 - 100). The metric comes from the Ecosystem Integrity Index (EII). Main components: - Species dispersal - Natural disturbance - Food web complexity (trophic function/cascades) - Niche utilization/occupancy The components are then normalized to scale between 0 and 1, and the geometric mean is calculated to generate the final EII score (0 to 100).
N/A
N/A
N/A
N/A
N/A
N/A
N/A
- Reputation
- Methodology is not public
Yes
N/A
Not Allowed
N/A
No
N/A
Yes
N/A
N/A
N/A
Allowed
EarthAcre Restore/Nature Stewardship Credit
Community led biodiversity credit scheme focused on biodiversity restoration and stewardship by local communities. Initial focus is on Kenyan grasslands (preventing overgrazing). Data is collected using satellites, drones, bioacoustic sensors and camera traps.
Voluntary
Outcome-based
N/A
Kenya
Off-chain
https://www.earthacre.com/
Restoration
Stewardship
Terrestrial
N/A
Habitat
N/A
N/A
N/A
N/A
N/A
N/A
- Remote sensing (satellites + drones) & ML - Bioacustic sensors? - Camera traps?
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
65%
N/A
N/A
N/A
Sustainable Development Unit
Ekos is a nature-based carbon project developer and consultancy. They've created biodiversity credits (Sustainable Development Units) and facilitated their first purchase in New Zealand for the conservation of Sanctuary Mountain Maungatautari. Core focus: invasive pest/predator and weed control.
Voluntary
Practice-based
Yes
New Zealand
Off-chain
https://ekos.co.nz/
Preservation
Pest Control
Terrestrial
List of Activities
N/A
N/A
N/A
1ha
N/A
N/A
N/A
N/A
N/A
- Reputation
- Methodology is not public
Yes
N/A
Not Allowed
N/A
No
N/A
N/A
N/A
N/A
N/A
N/A
Biodiversity Stewardship Token
~Q4 2023
Biodiversity credit scheme focused on keystone species preservation, starting with the jaguar.
Voluntary
Practice-based
Yes
Brazil
On-chain
https://www.erabrazil.com/
Preservation
Keystone Species
Terrestrial
List of Activities
List of Metrics
Species
Habitat
# of Tokens Issued = KSH Score + EH Score + KS Guideline Score KSH: Keystone Species Health EH: Ecosystem Health KS Guideline: Keystone Species-specific guidelines
10+ years with ability to renew every 10 years
N/A
N/A
Core requirement: evidence of the presence of the chosen Keystone Species.
https://284303808-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FH1QmzemVpWDCJv0QlPOj%2Fuploads%2FhOd4UZJMZCjwFb71p9B2%2F18.06.2022%20Biodiversity%20Methodology.docx.pdf?alt=media&token=caa82874-1166-42bb-8d7e-ff1df3cbe4ec
Flexible. Examples: - Remote sensing (satellites & drones) - Camera traps - Radio/GPS collars - Field sampling/observations
Regen Registry
- Flexible - Holistic
- Biodiversity outcomes are not quantified.
N/A
Ex-post (post verification/milestone)
Not Allowed
N/A
Yes
Every 1-2 years
Yes
N/A
N/A
N/A
N/A
NaturePlus™ Credit
Biodiversity credit scheme built by the largest Australian environmental project developer.
Voluntary
Outcome-based
Yes
Australia
Off-chain
https://greencollar.com.au/our-services/natureplus/
Preservation
Restoration
Terrestrial
Marine
List of Metrics
Ecosystem
Calculating Econd & (if applicable) Pcond scores. Each ecosystem type has different environmental indicators measured to calculate Econd & Pcond. An Econd® is an index between 0 and 100, where 100 describes the condition of an environmental asset in its undegraded state (i.e. natural or pre-industrial). A Pcond is an index between 0 and 100, where 100 describes the condition of a biophysical asset relating to its potential to produce a defined set of goods or services. Most commonly applied to
Indefinite
1ha
N/A
N/A
https://static1.squarespace.com/static/6422478a7c84f76efc2ca36a/t/64b8c1800d95200a3fb5086b/1689830329004/Accounting+for+Nature+Standard_v4.pdf
Licensed Accounting for Nature's MRV framework. - Field sampling/observations - Remote sensing (satellites & LiDAR drones) - Camera traps - eDNA
GreenCollar
- Reputation
- In-house credit issuance (not using certified 3rd party registries)
Yes
Ex-post (post verification/milestone)
Not Allowed
N/A
N/A
Up to every 5 years
Yes
N/A
N/A
N/A
N/A
IC Token®
A company focused on conserving tropical forests at high deforestation risk by designing biodiversity-first carbon projects. The token (NFT) represents tonnes of carbon as a proxy for biodiversity.
Voluntary
Outcome-based
Yes
Global
On-chain
https://investconservation.com/
Preservation
Tropical Rainforest
Terrestrial
Forests
List of Metrics
Habitat
Carbon+
Assessed Carbon = Standing Carbon * (Deforestation rate / Token Issuance Rate) Factors: 1. Standing above-ground carbon 2. Assessed rate of deforestation in a reference area 3. The rate of token issuance
50+ years
1ha
N/A
- Minimum project size: 250ha - Focus on private/community owned lands. No governmental lands.
https://investconservation.com/InvestConservation_Token_Report.pdf
Default: - Remote sensing (satellites) Optional: - Bioacoustic sensors - Camera traps
Solana Blockchain
- Focus on land stewards/benefit sharing - Focus on protecting high deforestation risk tropical forests
- Lack of details on scientific rigor - Potential over-reliance on the Advisory Board
Yes
Ex-post (post verification/milestone)
Allowed
N/A
Yes
Every year
No
Up to 90%
10%
Allowed
N/A
Biodiversity Credit
Australia's New South Wales' compliance biodiversity offsetting mechanism for land developers.
Compliance
N/A
N/A
Australia
Off-chain
https://www.environment.nsw.gov.au/topics/animals-and-plants/biodiversity-offsets-scheme/about-the-biodiversity-offsets-scheme
Preservation
Restoration
Terrestrial
Marine
List of Metrics
Habitat
2 types of credits: 1. Ecosystem credits for plant community type, ecological communities and threatened species habitat 2. Species credits for threatened species https://www.environment.nsw.gov.au/-/media/OEH/Corporate-Site/Documents/Animals-and-plants/Biodiversity/biodiversity-assessment-method-calculator-user-guide.pdf
N/A
N/A
N/A
N/A
N/A
- Field surveys
N/A
- Experience
- Complexity - Historical integrity, transparency and environmental effectiveness issues
Yes
Ex-ante (forecasted)
Allowed
N/A
No
N/A
N/A
N/A
N/A
N/A
N/A
Marine Biodiversity Token
N/A
An open marine biodiversity (eDNA) analytics platform working to provide a viable business model to Marine Protected Areas (MPAs). The platform will be used to monitor and forecast the health of MPAs and from which marine biocredits and blue carbon credits can be generated. They focus on plankton health as proxy for biodiversity (since it accounts for ~90% of marine biomass).
Mixed
Outcome-based
N/A
Global
On-chain
https://www.newatlantis.io/
Preservation
Marine Protected Areas
Marine
N/A
N/A
N/A
N/A
N/A
N/A
N/A
https://bounties.gitcoin.co/grants/7126/ne
- eDNA (Metagenomics) - Remote sensing (satellites?)
N/A
- Highly experienced founders
- Marine biodiversity valuation complexity
N/A
N/A
N/A
N/A
Yes
Every 2 weeks
N/A
N/A
N/A
Allowed
N/A
Ocean Conservation Credit
2023
Public-Private Partnership between the Government of Niue and Tofia Niue, a local non profit organization. It is in the process of evolving into a Trust. It is committed to protecting 100% of waters in its exclusive economic zone (EEZ).
Voluntary
Practice-based
Yes
Niue
Off-chain
https://niueoceanwide.com/
Preservation
Sustainable Use
Marine
N/A
Habitat
N/A
20 years
1km2
250 NZD
N/A
https://niueoceanwide.com/ocean-conservation-commitments/
N/A
N/A
N/A
N/A
No
Practice-based
Not Allowed
N/A
No
N/A
No
N/A
N/A
N/A
N/A
Marine Ecosystem Credit
2023
A framework for a digitally/web3 native class of marine ecosystem credits. The initial types of credits covered by the framework are (stackable) marine biodiversity, eutrophication, marine plastics, and blue carbon. The first credits developed are the restoration-based Marine Biodiversity Credits (MBCs). Currently piloting the framework for MBCs in Costa Rica.
Mixed
Outcome-based
No
Global
On-chain
https://www.openearth.org/projects/ocean-program
Preservation
Restoration
Marine Protected Areas
Marine
List of Metrics
Ecosystem
Factors: 1. Credit type 2. Area's health score for each 1km2 over a 1 year period (WEGE metric that considers endemism and biodiversity endangerment) 3. Uncertainty (Shannon entropy) Specifically for Marine Biodiversity Credits: 1. Species diversity 2. Ecosystem resilience Unit: "adjust square kilometers" that include: - Number of marine habitats included - Biodiversity (species) richness - Vulnerability - Endemism
N/A
1km2
N/A
Completely web3-native: - Verification - Accounting - Tokenization
https://uploads-ssl.webflow.com/62192ceb9199b3dd08431a6b/6371df5b39109b348b188447_whitepaper.pdf
- Remote sensing - In-situ sensing Prioritizing remote vs manual processes.
Regen Registry
- Technical sophistication
- Marine biodiversity valuation complexity
N/A
N/A
Allowed
20%
Yes
N/A
Yes
N/A
N/A
Allowed
N/A
Biodiversity Certificate
~Q4 2023
A biodiversity certificate standard focused on: 1. Methodology for assessing projects’ biodiversity gains using the ecosystem Biodiversity Carrying Capacity (capacity of the ecosystem to host and support species) 2. Credit certification process 3. Credit trading/usage (market) framework
Voluntary
Practice-based
No
Global
Off-chain
On-chain
https://www.obiocert.com/
Preservation
Restoration
Sustainable Use
Terrestrial
Marine
List of Metrics
Ecosystem
Biodiversity gain = additional Biodiversity Index (BI) x surface area (BI/km2) BI value is from 0 to 1. It is derived from ~5 to 20 identified drivers of the biodiversity capacity in that ecosystem (e.g. biomass density, intensity of pesticide use). Biodiversity gain is then converted into units.
N/A
1km2
N/A
Designing a standardized unit of biodiversity gain at 3 different scales: 1. Footprint reduction 2. Local contribution 3. Global contribution
https://www.obiocert.com/wp-content/uploads/2022/11/Towards_biodiversity_certificates_proposal_for_a_methodological_framework.pdf
Flexible
N/A
- Flexibility (certificates cover 3 use cases: from company footprint to global contributions) - Integration with reference institutions (e.g. IUCN, FAO, CBD)
- Complexity and scalability
Yes
Ex-ante (forecasted) & ex-post (post verification/milestone)
Not Allowed
N/A
Yes
Every 5 years
Yes
N/A
N/A
N/A
N/A
Plan Vivo Biodiversity Certificate
~Q4 2023
Version 2.0 of the PV Nature standard designed in partnership with Pivotal. Plan Vivo is the biodiversity frontrunner among the most established carbon registries. A core methodology principal is that credits are issued only where there is evidence that species and habitats have benefited - absolutely no assumptions or predictions about the outcomes a certain action will deliver for nature are tolerated.
Voluntary
Outcome-based
No
Global
Off-chain
https://www.planvivo.org/pv-nature
Preservation
Restoration
Terrestrial
Marine
List of Metrics
Species
Habitat
Credit(s) = percentage change of the multimetric per hectare per year. Main factors are community composition and habitat: 1. Species richness 2. Species diversity (species richness + species abundance) 3. Taxonomic dissimilarity 4. Habitat connectivity or rugosity 2 credit types: 1. Restoration certificates (represent a percentage uplift in biodiversity) 2. Conservation certificates (represent a percentage of biodiversity conserved)
10-50 years
1ha
N/A
Focus on: - Measuring outcomes - High-integrity, auditable data built on sophisticated MRV - Peer-reviewed metrics - Subjectivity minimization
https://www.planvivo.org/Handlers/Download.ashx?IDMF=edb7e81a-6a08-44b5-88bf-2a7b4e547d80
- LiDAR drones - Bioacoustic sensors - ML algorithms
Plan Vivo
- Technical sophistication
- Accessibility risks (due to highly technical nature)
Yes
Ex-post (post verification/milestone)
Not Allowed
N/A
Yes
Monitored annually; audited every 5 years
Yes
N/A
N/A
N/A
N/A
Nature Credit
~Q2 2024
A platform that is creating biodiversity credits for keystone species preservation. First species - forest elephants in Gabon.
Voluntary
Outcome-based
Yes
Africa
On-chain
https://www.rebalance.earth/
Preservation
Keystone Species
Terrestrial
N/A
Carbon+
N/A
N/A
N/A
N/A
N/A
N/A
- Camera traps - Bioacoustic sensors
Verra
N/A
- Methodology is not public
Yes
Ex-post (post verification/milestone)
N/A
N/A
Yes
N/A
N/A
N/A
N/A
N/A
N/A
Dynamic Biodiversity Token
~2025
Biodiversity company built around syntropic farming. Syntropic farming is a biodiversity-friendly nature-imitating farming technique.
Voluntary
Practice-based
Yes
Global
On-chain
https://recelio.org/
Syntropic Farming
Terrestrial
List of Activities
N/A
N/A
N/A
N/A
N/A
N/A
https://regenerationheroes.org/index.php/s/7neSxGMX8HiPkYm?dir=undefined&openfile=92371
Flexible
Polygon Blockchain
- Unique
- Lack of concrete implementation details
N/A
Practice-based
Not Recommended
N/A
Yes
N/A
N/A
N/A
N/A
N/A
N/A
Voluntary Biodiversity Credit
~Q4 2023
A company focused on Indigenous smallholder farmers in the Amazon & land preservation. Its biodiversity credit methodology is built on the Wallacea Trust's "basket of metrics" approach but instead of using 5+ metrics, it is only using 1 (focused on 20-30 indicator species). Working with 135+ farming families and 4 indigenous groups over a 4500ha area. Launched pre-sales at $5 per credit.
Voluntary
Outcome-based
Yes
South America
On-chain
https://www.savimbo.com/
Preservation
Indicator Species
Terrestrial
Metric
Species
Habitat
Credit = Area x Time x Value Area: Combined home range of the species whose observations are used in calculations. Time: All credits are issued for 30 days prior and 30 days following the observation. Value: Calculated from the classification of the ecosystem in Platinum, Gold, Silver, and Bronze categorizations, and the ability of the species to represent that ecosystem in an integrity score from 0-1. Value = Ecosystem Rank x Indicator Species Integrity Score Credits are generated by (usua
10+ years
1ha
N/A
Focused on indicator species preservation (20-30 species per bioregion).
N/A
- Camera traps - Field Visits (non-ecologist)
Cercarbono
- Focus on smallholder farmers
- Highly unique/untested methodology
Yes
Ex-post (post verification/milestone)
Not Allowed
0-20%
Yes
Up to every 5 years
Yes
N/A
7%
Allowed
N/A
MERIT
A platform that is building a nature-backed currency, MERIT. Each MERIT represents 100 kg of CO₂ captured in biodiverse nature (for now forests). The MERIT circulation follows the biodiversity & captured carbon fluctuations, with new tokens minted or burned. Planning to launch on external exchanges in late 2023.
Voluntary
Outcome-based
Yes
Global
On-chain
https://www.single.earth/
Preservation
Terrestrial
Forests
List of Metrics
Carbon Sequestered
Carbon+
1 MERIT = 100 kg of CO₂ captured in biodiverse nature.
N/A
N/A
3 EUR
N/A
https://docsend.com/view/fzx8cipvktcaqxjj
- Remote sensing (satellites) - In-situ sensors - Human observations
Solana Blockchain
- Accessibility - Technical sophistication
- Complexity (trying to achieve multiple highly complex objectives at the same time: MRV infrastructure + tokenomics + B2B & B2C sales, etc.)
No
Ex-post (post verification/milestone)
Not Allowed
N/A
Yes
Every 2 weeks
N/A
N/A
N/A
N/A
N/A
Biodiversity Credit
A biodiversity credit project/scheme developed by one of the largest carbon finance consultancies.
Mixed
N/A
Yes
Colombia
Off-chain
https://storymaps.arcgis.com/stories/9a1161d4671c4b29974fa003f7652320
Preservation
Restoration
Sustainable Use
Terrestrial
N/A
N/A
N/A
N/A
1ha
N/A
N/A
N/A
- Remote sensing (satellites)
Verra
N/A
- Methodology is not public
N/A
N/A
Allowed
N/A
Yes
N/A
N/A
N/A
N/A
N/A
N/A
EcoAustralia™ Credit
A mix of government-accredited Australian Biodiversity Units (1.5m2) + and avoided emissions carbon credits from Gold Standard.
Mixed
Outcome-based
Yes
Australia
Off-chain
https://www.southpole.com/sustainability-solutions/ecoaustralia
Preservation
Restoration
Terrestrial
Area Size
Carbon Sequestered
Habitat
Carbon
1 credit = 1 government-accredited Australian Biodiversity Unit (1.5m2) + 1 tCO2e of carbon credits from Gold Standard (renewable energy and emission reduction).
Permanent
1.5m2
N/A
N/A
N/A
N/A
Gold Standard
Verra
Vegetation Link
- Reputation
- Methodology is not public
Yes
N/A
Not Allowed
N/A
No
N/A
Yes
N/A
N/A
N/A
N/A
Biodiversity Credit
A scheme for biodiversity crediting in boreal forests, initially in Sweden.
Voluntary
Outcome-based
N/A
Sweden
Off-chain
https://www.biodiversitycredits.se/
Preservation
Restoration
Improved Forest Management
Terrestrial
Forests
List of Metrics
Habitat
Biodiversity Credits (BC/ha/yr) = Biodiversity Points + Strategic Value Points + Project Type Points
20+ years
1ha
N/A
N/A
https://www.aleksandraholmlund.com/introducing-our-biodiversity-credit-methodology/
Currently: - Field inventory - Randomized field sampling (with focus on measuring & counting species) Future plans: - Remote sensing (satellites and LiDAR) - Bioacoustics - Camera traps - eDNA
N/A
N/A
- Methodology is not public
Yes
Ex-post (post verification/milestone)
N/A
N/A
N/A
Every 5 years
N/A
N/A
N/A
N/A
N/A
Cassowary Credit
2024
An experienced Australian non-profit that increases the resilience of the rainforests, reefs, landscapes and local communities of Australia’s Wet Tropics region. It has recently designed a biodiversity credit specifically for the Australian Wet Tropics that tracks measurable vegetation condition improvements.
Voluntary
Outcome-based
Yes
Australia
Off-chain
https://terrain.org.au/what-we-do/biodiversity/cassowary-credit-scheme/
Preservation
Restoration
Tropical Rainforest
Terrestrial
Forests
N/A
N/A
Measurable vegetation condition change is tracked.
25 years
1ha
N/A
N/A
N/A
- Field sampling/observations -
Eco-Markets Australia
- Reputation
- Methodology is not public
Yes
Ex-post (post verification/milestone)
Not Allowed
5%
No
Every 3-5 years
Yes
N/A
N/A
Allowed
N/A
Voluntary Biodiversity Credit
One of the first voluntary biodiversity credit schemes designed in Colombia, focused on accessibility, risk of extinction reduction, and both B2B & B2C sales.
Voluntary
Outcome-based
Yes
Colombia
On-chain
https://en.terrasos.co/
Preservation
Restoration
Terrestrial
List of Metrics
Habitat
Factors: 1. Area size 2. Ecosystem threat 3. Connectivity 4. Preservation and restoration actions 5. Duration of the project All factors are fed into a custom formula.
20+ years
10m2
34.42 EUR
N/A
https://en.terrasos.co/_files/ugd/cfa1dc_815f6a56e3024acb9039179a6fc369ee.pdf
Flexible
Any
- Simplicity
- Complete methodology is not public
Yes
Based on management and ecological milestones. First 20% released upon registration and approval of the project by the auditor. Further releases take place as management and ecological milestones are reached.
Not Allowed
N/A
Yes
N/A
Yes
N/A
N/A
N/A
N/A
Nature Investment Certificate
~Q1 2024
Biodiversity credit scheme that is focused on supporting the land stewards, large areas & utilizing sophisticated tech (blockchain & MRV). One of the first schemes launched. Currently piloting 4 large projects (500,000ha+ in total). Working with both Plan Vivo (Uganda) and Verra (Zambia & South Africa). Helping design their methodologies while developing their own. Currently collating a set of Biodiversity Integrity and Governance (BIG) principles and incorporating them into an Associated B
Voluntary
Outcome-based
N/A
Global
On-chain
https://valuenature.earth/
Preservation
Restoration
Terrestrial
List of Metrics
Ecosystem
Factors: 1. Wildlife populations 2. Wildlife/habitat intactness 3. Habitat structure/composition End result: Ecosystem integrity score
10 years
1ha
N/A
N/A
N/A
- Bioacoustic sensors - Camera traps - eDNA - Remote sensing (satellites) Flexible but focused on accessible sensors.
N/A
- Focus on land stewards/benefit sharing
- Methodology is not public
Yes
N/A
N/A
N/A
Yes
Every year
N/A
70-80%
50%+
Allowed
Allowed
Nature Credit
2024
An upcoming standard by the leading registry in environmental markets. Just launched an open call for pilot projects. Plans to release a draft version of the Nature Framework for public consultation in September 2023.
Voluntary
Outcome-based
No
Global
Off-chain
https://verra.org/
Preservation
Restoration
Stewardship
Sustainable Use
Terrestrial
Marine
N/A
Ecosystem
Factors: 1. Biodiversity Extent: The area (in ha) of each ecosystem type within the project boundary. 2. Condition: The amount or quality of biodiversity present. 3. Significance: The importance of the biodiversity present for achieving defined conservation aims (e.g., contribution to the GBF goals and targets). Credit calculation: Biodiversity Extent x Condition. Significance acts as a separate attribute for differentiation among units, but not incorporated into the credit calculation. 1 cre
20-100 years
1ha
N/A
N/A
https://verra.org/wp-content/uploads/2023/09/SD-VISta-Nature-Framework-v0.1-for-Public-Consultation.pdf
N/A
N/A
N/A
N/A
Yes
Ex-post (post verification/milestone)
Not Allowed
20%
Yes
Up to every 5 years
Yes
N/A
N/A
Allowed
N/A
Voluntary Biodiversity Credit
A science-based research group that developed a biodiversity credit methodology which pioneered the "basket of metrics" approach (unique to each ecoregion) to quantifying biodiversity. It has open sourced its methodology and is currently piloting 20+ projects.
Voluntary
Outcome-based
Yes
Global
Off-chain
https://wallaceatrust.org/
Preservation
Restoration
Terrestrial
Marine
Basket of Metrics
Species
Habitat
1 biodiversity credit = 1% uplift or avoided loss in the median value of the basket of metrics per hectare. Basket of metrics are unique to each ecoregion/habitat.
20-30 years
1ha
N/A
- Minimum terrestrial project size: 50ha - Minimum of 10 sample sites per habitat
https://wallaceatrust.org/wp-content/uploads/2022/12/Biodiversity-credit-methodology-V2.1.pdf
- Remote sensing (satellites, drones) - Field sampling/observations - In-situ sensing (camera traps, bioacoustic sensors, eDNA, etc.)
Plan Vivo
- Reputation - Global applicability
- Complexity and scalability - Credit comparability (since each project uses different metrics)
Yes
Ex-post (post verification/milestone)
Not Allowed
20%
Yes
Every 1-5 years
Yes
60%+
60%
Allowed
N/A
HIFOR Unit
N/A
WCS's High Integrity Forest (HIFOR) initiative that aims to create a new climate and biodiversity asset class to help finance the protection of high integrity tropical forests, something that isn't yet mainstream. Instead, most carbon nature-based solutions focus on avoided emissions or carbon removal via afforestation/reforestation. The unit is tied to carbon but is not designed for offsetting.
Voluntary
Outcome-based
Yes
Global
Off-chain
https://www.wcs.org/our-work/forests-and-climate-change/hifor
Preservation
Terrestrial
Forests
Metric
Carbon+
1 unit = 1tCO₂ sequestered + biodiversity cooling/biodiversity value/social benefits
N/A
N/A
N/A
N/A
N/A
N/A
N/A
- Addresses high integrity forest preservation: unique framing
- Methodology is not public
No
Ex-post (post verification/milestone)
Not Allowed
0%
Yes
N/A
N/A
N/A
N/A
N/A
N/A
Biological Diversity Unit
A highly accessible Australian biodiversity credit scheme designed for both companies and individuals.
Mixed
Practice-based
Yes
Australia
Off-chain
https://wilderlands.earth/
Preservation
Restoration
Terrestrial
Area Size
List of Activities
Habitat
1m by 1m square grid is applied on the project area. Each cell in the grid is a unit.
Permanent
1m2
2-7 AUD
N/A
https://wilderlands.earth/wp-content/themes/wilderlands/assets/downloads/wilderlands-whitepaper-v1.pdf
Flexible
Vegetation Link
- Accessibility - Highly engaged with Indigenous Peoples and local communities
- Biodiversity outcomes are not quantified.
N/A
Ex-ante (forecasted)
Not Allowed
20%
No
N/A
No
74.5-80.5%
N/A
N/A
N/A
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