{"id":112033,"date":"2026-01-27T09:37:09","date_gmt":"2026-01-27T09:37:09","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?p=112033"},"modified":"2026-05-06T11:38:02","modified_gmt":"2026-05-06T11:38:02","slug":"from-growing-interest-to-action-what-is-shaping-corporate-uptake-of-biodiversity-credits","status":"publish","type":"post","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/from-growing-interest-to-action-what-is-shaping-corporate-uptake-of-biodiversity-credits\/","title":{"rendered":"From Growing Interest to Action: What Is Shaping Corporate Uptake of Biodiversity Credits?"},"content":{"rendered":"\n<p>Despite growing discussion of biodiversity credits at major&nbsp;<a href=\"https:\/\/www.cbd.int\/doc\/c\/8d7f\/55df\/1d2dbb096d00be743f006a05\/rm-ac-2024-01-02-en.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">international forums<\/a>&nbsp;and within&nbsp;<a href=\"https:\/\/www.biodiversitycreditalliance.org\/wp-content\/uploads\/2025\/05\/377455_High_Level_Principles_to_Guide_the_Biodiversity_Credit_Market_En_v7_May-2025.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">leading business circles<\/a>, market activity&nbsp;remains&nbsp;limited. To date, the total volume of traded voluntary biodiversity credits is&nbsp;<a href=\"https:\/\/pollinationgroup.com\/global-perspectives\/state-of-voluntary-biodiversity-credit-markets\/\" target=\"_blank\" rel=\"noreferrer noopener\">estimated at less than USD 2 million<\/a>, generated by just a&nbsp;<a href=\"https:\/\/earthly.org\/biodiversity-ledger\" target=\"_blank\" rel=\"noreferrer noopener\">handful of projects<\/a>.&nbsp;While&nbsp;<a href=\"https:\/\/earthly.org\/products\/buy-now#buy-now\" target=\"_blank\" rel=\"noreferrer noopener\">supply is gradually emerging<\/a>, demand&nbsp;remains&nbsp;subdued as corporate interest has yet to translate into widespread purchasing.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Drawing on exclusive interviews with corporations, financial institutions, and market experts,&nbsp;<strong>this blog examines&nbsp;how corporate perspectives on biodiversity credits are evolving and what barriers&nbsp;and&nbsp;drivers are&nbsp;currently&nbsp;shaping this emerging market<\/strong>.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Promise of Biodiversity Credits<\/h3>\n\n\n\n<p>As the\u00a0<a href=\"https:\/\/3298623.fs1.hubspotusercontent-na1.net\/hubfs\/3298623\/SOVCM%202025\/Ecosystem%20Marketplace%20State%20of%20the%20Voluntary%20Carbon%20Market%202025.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">prominence of carbon credits<\/a>\u00a0has grown in recent years,\u00a0helping to channel finance into otherwise\u00a0unbankable\u00a0climate\u00a0projects, other types of environmental credits have\u00a0emerged\u00a0to emulate this model.\u00a0Among these are\u00a0<strong>biodiversity credits<\/strong><sup class=\"modern-footnotes-footnote modern-footnotes-footnote--hover-on-desktop \" data-mfn=\"1\" data-mfn-post-scope=\"00000000000034e00000000000000000_112033\"><a href=\"javascript:void(0)\"  title=\"A biodiversity credit is a \u201ccertificate that represents a measured and evidence-based unit of positive biodiversity outcome that is durable and additional to what otherwise would have occurred\u201d (CBD, 2024). While carbon credits can be used as offsets, biodiversity credits are generally not intended for offsetting because ecosystems and their services are not interchangeable. \"  role=\"button\" aria-pressed=\"false\" aria-describedby=\"mfn-content-00000000000034e00000000000000000_112033-1\">1<\/a><\/sup><span id=\"mfn-content-00000000000034e00000000000000000_112033-1\" role=\"tooltip\" class=\"modern-footnotes-footnote__note\" tabindex=\"0\" data-mfn=\"1\">A biodiversity credit is a \u201ccertificate that represents a measured and evidence-based unit of positive biodiversity outcome that is durable and additional to what otherwise would have occurred\u201d (CBD, 2024). While carbon credits can be used as offsets, biodiversity credits are generally not intended for offsetting because ecosystems and their services are not interchangeable. <\/span>, which have recently captured\u00a0<a href=\"https:\/\/www.wri.org\/insights\/biodiversity-credits-explained\" target=\"_blank\" rel=\"noreferrer noopener\">widespread attention<\/a>\u00a0as a potential mechanism to mobilize\u00a0<a href=\"https:\/\/www.unep.org\/resources\/state-finance-nature-2026\" target=\"_blank\" rel=\"noreferrer noopener\">much-needed funding<\/a>\u00a0for nature conservation and restoration that explicitly targets biodiversity outcomes.<\/p>\n\n\n\n<p>While many companies are increasingly aware of&nbsp;their&nbsp;nature-related&nbsp;<a href=\"https:\/\/academic.oup.com\/rof\/advance-article\/doi\/10.1093\/rof\/rfaf050\/8322449\" target=\"_blank\" rel=\"noreferrer noopener\">risks<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/www.mckinsey.com\/industries\/agriculture\/our-insights\/corporate-commitments-to-nature-have-evolved-since-2022\" target=\"_blank\" rel=\"noreferrer noopener\">opportunities<\/a>, few have yet translated that awareness into&nbsp;<a href=\"https:\/\/earthly.org\/biodiversity-ledger\" target=\"_blank\" rel=\"noreferrer noopener\">purchasing biodiversity credits.<\/a>&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Breaking Down the Barriers to Purchasing<\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Limited Understanding and Lack of Consensus<\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Many&nbsp;potential&nbsp;corporate&nbsp;buyers&nbsp;are still in the&nbsp;<a href=\"https:\/\/www.nature.com\/articles\/s41467-025-62970-w\" target=\"_blank\" rel=\"noreferrer noopener\">early stages of integrating carbon credits<\/a>&nbsp;into their environmental strategies,&nbsp;with&nbsp;biodiversity credits&nbsp;remaining&nbsp;an even more nascent consideration.&nbsp;&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Hesitation&nbsp;in&nbsp;purchasing&nbsp;largely stems&nbsp;from the lack of standardization in defining what constitutes a&nbsp;biodiversity&nbsp;credit and&nbsp;what can be claimed from such a credit.&nbsp;Although&nbsp;<a href=\"https:\/\/www.biodiversitycreditalliance.org\/wp-content\/uploads\/2025\/05\/377455_High_Level_Principles_to_Guide_the_Biodiversity_Credit_Market_En_v7_May-2025.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">significant progress has been made toward standardization<\/a>, there is not yet convergence on a single&nbsp;approach,&nbsp;which has weakened the confidence of corporate buyers.&nbsp;Many are&nbsp;also&nbsp;waiting for&nbsp;statutory guidance&nbsp;before taking further action and do not yet see a strong incentive to act as first movers in this&nbsp;space.&nbsp;<\/p>\n\n\n\n<p><strong>A Nascent Market with Low Trust&nbsp;<\/strong><\/p>\n\n\n\n<p>The biodiversity credit market&nbsp;is often perceived as an offshoot of the carbon market, which has faced&nbsp;<a href=\"https:\/\/www.theguardian.com\/environment\/2025\/oct\/06\/carbon-offsets-fail-cut-global-heating-intractable-systemic-problems-study\" target=\"_blank\" rel=\"noreferrer noopener\">reputational challenges<\/a>&nbsp;in recent years.&nbsp;These issues have,&nbsp;in turn,&nbsp;shaped corporate perceptions, creating&nbsp;caution&nbsp;about the credibility and integrity of biodiversity credits.&nbsp;<\/p>\n\n\n\n<p>Key concerns include issues of&nbsp;<a href=\"https:\/\/www.iapbiocredits.org\/framework\" target=\"_blank\" rel=\"noreferrer noopener\">fungibility<\/a>, questions of&nbsp;<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/10.1002\/bse.70018\" target=\"_blank\" rel=\"noreferrer noopener\">additionality&nbsp;and permanence<\/a>, debates around&nbsp;<a href=\"https:\/\/www.policyinnovation.org\/insights\/beetles-in-a-pay-stack\" target=\"_blank\" rel=\"noreferrer noopener\">stacking, bundling,&nbsp;and&nbsp;sequencing<\/a>, and&nbsp;risks of&nbsp;<a href=\"https:\/\/www.nature.com\/articles\/s44185-024-00062-6\" target=\"_blank\" rel=\"noreferrer noopener\">double-counting<\/a>. Many&nbsp;corporates&nbsp;also fear accusations of greenwashing if they engage in a new market that inherits the credibility challenges&nbsp;of&nbsp;the carbon market it seeks to emulate.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>Preference for Insetting and Project Development&nbsp;<\/strong><\/p>\n\n\n\n<p>Many of the corporates at the forefront of nature action have considered biodiversity credits as a tool to achieve&nbsp;their&nbsp;conservation and restoration&nbsp;goals.&nbsp;Ultimately,&nbsp;however,&nbsp;many of these corporates opt for alternative pathways, such as&nbsp;<a href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/can-insetting-stack-cards-towards-more-sustainable-supply-chains-2025-01-28\/\" target=\"_blank\" rel=\"noreferrer noopener\">insetting<\/a>&nbsp;within their own value chains&nbsp;or exploring opportunities to generate biodiversity credits themselves.&nbsp;This is particularly common in the agrifood sector, where companies pursue nature-positive initiatives within their own operations to meet biodiversity targets.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What Will Drive Future Demand?&nbsp;&nbsp;<\/h3>\n\n\n\n<p>Despite&nbsp;limited&nbsp;demand for biodiversity credits, there are three key drivers that could help tip the scales for project developers:<\/p>\n\n\n\n<p><strong>1.&nbsp;The&nbsp;Reputational&nbsp;Tipping Point<\/strong>&nbsp;<\/p>\n\n\n\n<p>Unlike carbon&nbsp;credits,&nbsp;where&nbsp;demand&nbsp;is&nbsp;largely driven by regulatory mandates and net-zero commitments, demand for nature credits is&nbsp;primarily linked to corporate reputation.&nbsp;Yet, public pressure for companies to manage their nature impact&nbsp;is&nbsp;<a href=\"https:\/\/www.ey.com\/en_gl\/newsroom\/2025\/09\/lack-of-detailed-reporting-on-businesses-nature-impacts-may-slow-global-action-to-protect-world-s-ecosystems\" target=\"_blank\" rel=\"noreferrer noopener\">not&nbsp;yet&nbsp;mainstream<\/a>.&nbsp;Consumer-facing firms&nbsp;with nature impacts&nbsp;may&nbsp;face more scrutiny but&nbsp;have&nbsp;typically responded&nbsp;with&nbsp;<a href=\"https:\/\/www.nestle.com\/sustainability\/nature-environment\/approach?__cf_chl_tk=CLnqx7yclL6wtUNuMnGD4WjastUs4prwuEraHENhwrU-1765986561-1.0.1.1-3lq4NrRSeoKFaLdoo4jjN.QL4iRYSwWrfsYQ76.WHto\" target=\"_blank\" rel=\"noreferrer noopener\">internal&nbsp;nature&nbsp;initiatives<\/a>.&nbsp;&nbsp;<\/p>\n\n\n\n<p>As a solution, project developers can strategically engage corporates with&nbsp;significant nature&nbsp;impacts but limited opportunities&nbsp;or capacity&nbsp;for internal supply chain improvements.&nbsp;<\/p>\n\n\n\n<p><strong>2.&nbsp;The&nbsp;Localization&nbsp;Priority<\/strong>&nbsp;<\/p>\n\n\n\n<p>Existing biodiversity credit buyers prefer&nbsp;<a href=\"https:\/\/earthly.org\/biodiversity-ledger\" target=\"_blank\" rel=\"noreferrer noopener\">projects located near their supply chains or corporate headquarters<\/a>. The localized&nbsp;nature of such projects supports corporate reputation by&nbsp;delivering&nbsp;visible positive impacts&nbsp;and can also add business value, as improved biodiversity outcomes can&nbsp;<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S1439179122001013\" target=\"_blank\" rel=\"noreferrer noopener\">enhance productivity and resilience<\/a>&nbsp;in resource-dependent supply chains.&nbsp;<\/p>\n\n\n\n<p>Project developers who design credits with specific corporate buyers and their preferences in mind can better align with both reputational and operational&nbsp;objectives, increasing engagement and the likelihood of support.&nbsp;<\/p>\n\n\n\n<p><strong>3. The Regulatory Catalyst<\/strong><\/p>\n\n\n\n<p>As seen with the voluntary carbon market, clear reporting mandates and other regulations requiring action for nature can be one of the most powerful drivers of mass corporate uptake of biodiversity credits. Voluntary disclosure and market frameworks are important for laying the groundwork, but they alone will not drive widespread corporate demand.&nbsp;<\/p>\n\n\n\n<p>Project developers can help accelerate demand by working with advocacy groups and policymakers to advance nature-related disclosure requirements.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Building the Bridge to a Nature-Positive Future&nbsp;<\/h3>\n\n\n\n<p>Project developers can play a critical role in accelerating market growth by co-designing credits that reflect corporate priorities and&nbsp;demonstrated&nbsp;biodiversity outcomes. For forward-thinking investors and corporates, engaging with such developers&nbsp;offers&nbsp;a valuable first-mover opportunity to shape\u2014and benefit from\u2014&nbsp;the transition toward a nature-positive future.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This blog unpacks corporate perspectives on biodiversity credits and what barriers and drivers are currently shaping this emerging market. <\/p>\n","protected":false},"author":257,"featured_media":112039,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"programs":[1826,395],"regions":[],"topics":[1894,1196],"collaborations":[],"class_list":["post-112033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","programs-catalytic-climate-finance-facility","programs-global-innovation-lab-for-climate-finance","topics-climate-finance","topics-natural-resource-conservation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>From Growing Interest to Action: What Is Shaping Corporate Uptake of Biodiversity Credits? - CPI<\/title>\n<meta name=\"description\" content=\"This blog examines how corporate perspectives on biodiversity credits are evolving and what barriers and drivers are currently shaping this 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