Environment Bank has launched a new asset class to help corporates invest in high impact nature restoration through Biodiversity Credits.

The timing is apposite, as earlier (18 September) the Taskforce for Nature-Related Disclosures (TNFD) published its framework aimed at addressing the knowledge gap within corporations on the financial risks and dependencies on nature and to anticipate mandatory requirements on nature reporting.

Backed by $300m of funding, Environment Bank is offering partners fully-funded sustainable investments aimed at restructuring the valuation, pricing, and market risk of nature investments globally, whilst creating a new blueprint for the creation of biodiversity through Biodiversity Credits.

Environment Bank is on track to deliver 6,000 acres of habitat creation in the UK this year with more projects in the pipeline. By 2025 it expects to have restored an area equivalent to the size of Manhattan across England.

James Cross, CEO of Environment Bank said: “Environment Bank’s Biodiversity Credits mark a new value proposition for the private sector to support nature uplift across ecosystems, removing the barriers that have historically existed in biodiversity investments. Scalable and impactful delivery of nature restoration projects will be key to tackling climate change, and the private sector has a huge role to play. Biodiversity Credits will make nature economically viable. We do not get to net-zero without nature, and it’s time to put repairing the planet first on the agenda.”

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