Throughout its journey, the Nature Investment Lab has identified that many Nature-based Solutions (NbS) projects have as their main — or even exclusive — objective the origination of carbon credits.
We recognize the importance of these projects for valuing the ecosystem services they provide to society, especially those focused on the removal of greenhouse gases (GHGs). To help strengthen this market, the NIL has developed a standard draft agreement for the purchase and sale of carbon credits (offtake).
This instrument aims to guide and support different market players — especially small and medium-sized entrepreneurs — by offering a reference model that includes the key legal elements such transactions should cover. In doing so, it helps enable access to capital and accelerate the implementation of projects with positive impacts on climate and biodiversity.
The first version of the draft is now available. From this starting point, we will listen to the ecosystem to gather feedback and collaboratively improve the document. Each new version will be shared with our network and made available in this repository.
