17 July 1115-1230, Jackson Lecture Theatre
Establishing auditing standards for nature-based solutions
Chair: Garance Wood-Moulin, IUCN Peatland Code Development Manager
Panellists:
Dr Julian Clifton, Fair Credits Standard
Thibault Sorret, CEO, Ecosystem Restoration Standard
Dr Hannah Woods, Biodiversity Futures Initiative
High integrity carbon and biodiversity credits necessitate the independent verification of both credit claims and the proposed co-benefits of schemes to resource owners and users.
This Panel will critically examine several initiatives in this area. These include independent academic peer review and other mechanisms focusing on additionality, permanence and leakage. The Panel will also discuss how standards can be developed covering the social and economic co-benefits of credit schemes accruing to indigenous peoples and local communities (IPLCs). Distributed ledger options which facilitate the efficient and auditable registration of credits will be discussed.
