CreditNature Achieves World’s First Independently Accredited Method for Evidencing Ecosystem Restoration

CreditNature, a nature fintech company that has created an end-to-end solution that funnels private capital into nature restoration projects, has announced the world’s first accreditation of a Terrestrial Ecosystem Condition Method, under the Accounting for Nature Standard (AfN).

This historic accreditation marks a significant step forward, with the potential to unlock substantial financial investments into global ecosystem restoration and natural capital.

By providing quantified, credible, and consistent metrics of environmental change and connecting these to mechanisms such as nature credits, this method has the potential to significantly scale nature markets.

Following a rigorous year-long process, working closely with AfN and their panel of leading scientists, CreditNature have pioneered a method that will help companies to evidence the nature positive impact of investments and align with reporting and disclosure requirements of the Taskforce on Nature-related Financial Disclosure (TNFD) Guidelines, the EU Corporate Sustainability Reporting Directive (“CSRD”), and other global frameworks.

By adopting this method, businesses can report on the impact their investments in nature have achieved and disclose attested and impactful ESG outcomes.

Accounting for Nature is a globally recognised independent, not-for-profit, environmental accounting framework. Securing the accreditation is a testament to CreditNature’s commitment to scientific excellence, and innovation.

Benefits of CreditNature’s Ecosystem Condition Method:

  • Empowering Companies and Governments to Fulfil Nature-Positive Commitments: With accreditation for use in Europe in areas where nature has been impacted by agricultural activities, the method forms part of CreditNature’s NARIA framework. The NARIA framework allows the consistent measurement of ecological systems and land regeneration. This enables stakeholders to measure and report on their nature commitments effectively.
  • Endorsed Metrics for Scalable Reporting: The CreditNature Ecosystem Condition Method provides market participants with an accredited metric that allows for consistent, and time verified reporting of ecosystem integrity, with a score of 0 to 100, underpinned by the Accounting for Nature’s key metric, the Econd, and in line with TNFD and CSRD guidelines. This standardised scoring system ensures consistency across landscapes throughout the UK and Europe. Plans are underway to extend this accreditation to other global regions, including Africa, South and Central America, the United States and Southeast Asia.
  • Real-World Visualisation of Restoration Progress: Market participants have a way to evidence real-world restoration of ecosystems. The CreditNature dashboard offers investors evidence, insights and information that is location verified into restoration gains, complemented by narratives, accredited KPIs, site photographs and videos that vividly depict a clear picture of nature restoration successes.
  • Science-Backed Outcomes: The development of the Terrestrial Ecosystem Condition Method, initiated in 2020, is being continuously refined based on the latest earth systems, ecosystem and biodiversity science. The composite metrics have been tested across multiple land holdings, amounting to over 20,000ha of land.
  • Alignment with Emerging Standards and Frameworks: The Method aligns with emerging frameworks such as the BSI Flex 701 Nature Markets – Overarching Principles and Framework, Taskforce on Nature-related Finance Disclosures and the Global Biodiversity Framework.

Cain Blythe, CEO of CreditNature said: “CreditNature are committed to helping restore nature at scale, and support businesses to address the combined climate and biodiversity crises head on, through responsible and credible investment. Our approach creates an opportunity for businesses to balance operational impacts, build resilient supply chains and create a better, nature positive world, for their employees and wider society.”

“By referring to our simple to understand and accredited 0 to 100 ECI scale, it is now possible for businesses to recognise and invest in nature as an asset and at the same time secure long term sustainable growth.”