Simas Gradeckas

Hi, Martin from bloomlabs here. Welcome to our monthly read of the Voluntary Biodiversity Market (VBM), built on data from our intelligence platform Bloom and the market updates that matter. For the first time, we took a real look at why companies actually buy biodiversity credits, and we were surprised at how philanthropy is way less important than we thought.

Hi folks, Simas here. When we launched Bloom last October, we put the key voluntary biodiversity market (VBM) datasets together under one roof: schemes, transactions, projects, organizations and metrics. It was the “what” of the market. But we knew that project developers, policy makers, advisory firms, conservation NGOs and financial institutions using the platform wanted to understand what most of this information actually means for them. In other words, they wanted the “why”.

Two weeks ago Martin and I attended the EU Commission’s 2nd Expert Group meeting on Nature Credits and the annual meeting of Biodiversity Credit Alliance (BCA). It left us with our minds buzzing and a couple of takeaways: Disclaimers: 1. Nothing written below represents the official views of the European Commission or BCA. Below are my thoughts about the EU Nature Credit Roadmap and the recent market developments. I’ve also avoided any specifics discussed in the meetings. 2.