Stacking of nature market credits

Tender description

Stacking of nature market credits The Nature Markets Framework, published in March 2023, sets out principles required to ensure environmental integrity while combining multiple ecosystem service revenue streams from a single intervention (stacking), but Defra is yet to make a decision on whether to increase the number of circumstances where stacking is allowed in nature markets. There lacks a sound evidence base to inform this decision, and it is unclear what stacking model would be most effective at delivering Defra’s environmental and private finance ambitions as well as the effect on costs to developers within our compliance markets (biodiversity net gain and nutrient neutrality). This research is a critical enabler to deliver on government’s commitment in the Nature Markets Framework to provide clarity on the ability to stack credits.