Details of Award
NERC Reference : NE/X016439/1
Mediating the first transaction of Biodiversity Impact Credits
Grant Award
- Principal Investigator:
- Dr AG Rossberg, Queen Mary University of London, Sch of Biological & Behavioural Sciences
- Co-Investigator:
- Professor AR Leitch, Queen Mary University of London, Sch of Biological & Behavioural Sciences
- Science Area:
- Terrestrial
- Overall Classification:
- Unknown
- ENRIs:
- Biodiversity
- Global Change
- Natural Resource Management
- Science Topics:
- Conservation Ecology
- Biodiversity conservation
- Social and Environmental Accounting
- Finance and Accounting
- Abstract:
- Biodiversity Stewardship Credits (BSCs) offer a solution for private sector organisations that must account for biodiversity risk (e.g., per Taskforce on Nature-related Financial Disclosures, European Central Bank Prudential Framework), and provide an auditable mechanism linking best-in-class conservation practitioners with investors seeking conservation outcomes. We envisage that a market for BSCs will stimulate investment from banks, asset managers, corporations, and others to support the regeneration of populations of endangered species in the wild. This project will demonstrate the practical implementation of BSCs by facilitating one or more pilot transactions. This will allow us to identify barriers and ways to overcome them, and support a model for future growth of a BSC market.
- NERC Reference:
- NE/X016439/1
- Grant Stage:
- Completed
- Scheme:
- NC&C NR1
- Grant Status:
- Closed
- Programme:
- Nature Positive
This grant award has a total value of £198,029
FDAB - Financial Details (Award breakdown by headings)
| DI - Other Costs | Indirect - Indirect Costs | DA - Investigators | DA - Estate Costs | DI - T&S | DA - Other Directly Allocated |
|---|---|---|---|---|---|
| £67,043 | £39,111 | £70,984 | £10,496 | £9,663 | £734 |
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