Terms of reference

BACKGROUND

With the 2021 Environment Act, the UK is the first country to create a market for biodiversity. The Act enables developers to calculate precisely the biodiversity quality of the a space that they want to build on. They can then seek the most cost effective projects and locations to meet their obligation to conserve and enhance a space of the same quality. This creates an attractive market opportunity to generate and market biodiversity credits by investing in the underlying conservation measures. 

PARTNERS

Investors, property developers, farm managers, landowners and nature conservationists, energy and water companies, Areas of Outstanding Natural Beauty, dairy and beef farming networks, food manufacturers, supermarkets, Wildlife Trusts, property funds, banks, private equity and venture capital firms.

ORGANISERS

Camco, a fund manager, is bidding to establish a natural capital fund with Defra providing co-investment on first loss terms. This will create a flexible source of funding for landowners seeking to enhance the value of their holdings. It will also secure clean investments for the finance community that boost environmental credentials and contribute to net zero targets.

MARKET DEVELOPMENT

We will work together to build the £7 billion UK market opportunity. Our partnership will:

  • Inform you of developments in financial mechanisms including net gain, woodland carbon credit, peatland credit, water catchment bonds, and others.
  • Improve the visibility of market trades
  • Simplify finding high quality investment opportunities and buyers of excess credits
  • Validate biodiversity improvements over time and compared with benchmark data

INVESTMENT DEVELOPMENT

Camco is proposing a fund that will:

  • Develop and fund projects from within the partnership
  • Develop and utilise crediting methodologies, seeking to lead the market towards a standard with integrity
  • Attract investment into secure and financially attractive projects

MEMBERSHIP COMMITMENT

  • Stay engaged for an initial 24 months.
  • Be present on the platform and permit Camco to use your company name in fund proposals
  • Contribute insights and ask questions of other members via the channels set up by the fund

join.

learn.

nurture nature.

Contact details:

Conrad Young  conrad@camco.eco
Geoff Sinclair  geoff@camco.eco