Since 2020, as momentum has built towards addressing the nature loss crisis, the development of voluntary biodiversity credit markets has escalated sharply.

There has been increasing interest in these markets and their potential to contribute to the Kunming-Montreal Global Biodiversity Framework, as well as the global goal to be nature-positive by 2030.

This report provides invaluable information for all stakeholders interested in the development of voluntary biodiversity credit markets and the current state of those markets. It contains the first comprehensive estimate of the value of voluntary biodiversity credit markets globally, as well as insights into the drivers of demand.

The report is based on a survey of 16 organisations around the world that are leading the development and administration of biodiversity credit schemes and the sale of biodiversity credits. Our analysis shows that voluntary biodiversity credit markets are growing, integrity measures are maturing, and early transactions demonstrate that there is confidence building in these markets.

“We are seeing the early stages of emerging biodiversity credit markets in which genuine demand exists and in which providers of credits are focused on delivering a product with transparency and integrity to deliver positive outcomes for nature,” Report co-author Laura Waterford said.

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