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Call for Projects to Pilot SD VISta Nature Framework and Biodiversity Methodology

Biodiversity Information for Development Programme in Pacific

Deadline: 4-Aug-23

Verra has launched an open call for projects to pilot its SD VISta Nature Framework (PDF) and biodiversity methodology.

Pilot projects will have the opportunity to help shape the Nature Framework, and will be prepared to start the registration process once Verra publishes them.

Under its SD VISta Program, Verra is developing a new Nature Framework and biodiversity methodology, with the objective of unlocking new finance at scale to support high-quality nature conservation and restoration activities globally. The SD VISta Nature Framework (Nature Framework) encompasses concepts and core principles for nature credits, while the biodiversity methodology provides generalized measurement steps and characteristics of a standardized unit.

Following the methodology, project proponents will be able to verify biodiversity outcomes and issue tradable nature credits as standalone assets. Companies and investors will be able to buy the nature credits to support high-quality projects and local communities while derisking their value chains and contributing to a nature-positive world.

The Nature Framework will outline the core concepts and principles for nature credits, including social and environmental safeguards, that will ensure their integrity and quality. The Nature Framework will provide information about the characteristics of standardized units and their measurement, including additionality, project time commitment, credit durability, and baseline scenario.

Verra’s mission is to support climate action and sustainable development with standards programs that credibly, transparently, and robustly assess environmental and social impacts and enable funding for sustaining and scaling up these benefits.

Piloting Objective
Scope and Responsibilities
Benefits for Pilot Projects
 Pilot Project Selection Criteria
Piloting Activities and Estimated Timeline

Over five to eight months between August 2023 and March 2024, project proponents must be able to commit to the following without remuneration:

For more information, visit Verra.

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