Natural habitats host completely different organisms and ecological relationships that cannot be meaningfully replaced elsewhere. Unlike carbon credits, which function globally since greenhouse gases circulate throughout Earth's atmosphere, biodiversity markets must remain local.
Natural ecosystems are deeply intertwined with local communities - from Indigenous knowledge to cultural practices - requiring conservation planning that reflects local needs and knowledge.
Whilst in theory protecting Arctic tundra can offset Australia's carbon emissions, biodiversity markets cannot treat these distinct ecosystems as interchangeable, as each region's unique species and habitats require their own local solutions.
Our aim is to build the world's best biodiversity credit market, one that recognises the true value of nature, results in an equitable distribution of benefits and empowers local communities along the way!