Finland’s Ministry of the Environment is creating a framework for voluntary biodiversity markets. The Ministry has launched a project to advance markets for the benefit of climate and nature (Marketta). The market principles mirror those of the voluntary carbon markets. The idea is that nature credits bought from the market, i.e. units such as nature value hectares, can be used to make nature-related claims in the company’s reporting or marketing of products and services. The framework will include criteria for the nature credits to be produced, create a verification system, and ensure the registration and permanence of the credits. Support will also be offered for making nature-related claims.
