Stacking of nature market credits
Value
£0
Suppliers
Classifications
- Research services
- Economic research services
- Research consultancy services
- Research and development services and related consultancy services
- Market research services
- Financial market regulatory services
- Environmental issues consultancy services
Tags
- award
- contract
Published
11 months ago
Description
The Nature Markets Framework, published in March 2023, sets out the principles required<br/>to ensure environmental integrity while combining multiple ecosystem service revenue<br/>streams from a single intervention r (stacking), but Defra is yet to make a decision on<br/>whether to increase the number of circumstances where stacking is allowed in nature<br/>markets. There lacks a sound evidence base to inform this decision, and it is unclear what<br/>stacking model would be most effective at delivering Defra’s environmental and private<br/>finance ambitions as well as the effect on costs to developers within our compliance markets<br/>(biodiversity net gain and nutrient neutrality). This research is a critical enabler to deliver on<br/>Defra’s commitment to provide clarity to landowners on the ability to stack credits on their<br/>land that was set out in the Nature Markets Framework.
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