Nature Market Principles
This set of principles developed by Finance Earth and others can help you develop and invest in credible nature-based solution (NbS) projects. It outlines seven voluntary principles for developers of NbS projects: 1) science-based nature recovery; 2) environmental & social safeguarding; 3) additionality; 4) permanence & financial prudence; 5) seek co-benefits; 6) verifiability; and 7) transparency. For investors, it outlines two principles: 1) buyer screening criteria, and 2) commitment to best practices. The clear set of principles provided will be especially useful to sustainability and finance teams.
Although these principles were made with UK-based companies in mind, the lessons are relevant beyond that geographic context.
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