The Biodiversity Futures Initiative will provide two
major types of reviews identified as stage 1 and stage 2.
Stage 1 reviews are undertaken at the start of a project and are designed to ensure that the choice of metrics, proposed methodologies to quantify each metric and sampling strategy are appropriate as well as permanence, additionality, and leakage issues have been properly addressed. The reviews cost £2000 and are completed within 3 weeks. Completing a review at this stage ensures that the project developer can proceed with the investment needed to implement and monitor the project and know that when they submit the data for their biodiversity claim that it won’t be rejected on the grounds that the metrics, methods or survey strategy were wrong or lack of additionality, permanence or leakage issues:
A stage 1 review addresses the following points:
The output from this stage 1 study will be a short report with comments on the following:
It is advisable for project developers to employ ecological consultants to help prepare the stage 1 review applications. However, there is also the opportunity for a presubmission screening check (£500) which will provide advice of how the applications can be improved. Note this advice has to be limited to just 1 person day of input, so that the Biodiversity Futures Initiative does not stray into design of projects, which should properly be the responsibility of the project developer.
Fill in a stage 1 application using the link below, each question has an editable box to fill in, or an upload file section if necessary. We have also included a helpful guide in how to fill in the application.
Once your application has been completed please save the file as the name of your organization, followed by ‘Stage 1 Application.’ Please then email this file to hello@biodiversityfuturesinitiative.com
Stage 2 reviews are completed at each verification event when the developer wants to make a clain about how much biodiversity gain hs been achieved. A stage 2 review is a much more extensive than the stage 1 review and will cost £5000 and be completed within 6 weeks. The review will require the inclusion of specialists drawn from a panel of experts for each of the taxa to audit in the following ways:
The output from this review will be a short document explaining how the data and claims were audited and one of two conclusions:
A questionnaire is being developed for stage 2 reviews and will be completed and ready to accept applications from October 2023.
However, much of the information will need to be submitted in a digital Biodiversity Claims Folder that will contain the following information:
The output from this review will be a short document explaining how the data and claims were audited and one of two conclusions:
This certificate can be referenced in external communications about the biodiversity gains achieved or it can be used by registries to issue and retire biodiversity credits. If the latter then only 80% of the credits generated by the verification event can be issued, with the remaining 20% used as a buffer for force majeure events that might affect biodiversity credits issued.
The client would have a right of appeal for decisions made in review summaries sent to them. Any appeals should be considered by the Board and a non involved member of the Core Review team asked to investigate and report back to the Board who will then determine the response to the client.
Any person contracted by the Biodiversity Futures Initiative on a review should be recused, if they have been involved as part of the Project Developer team either directly employed or indirectly via contracted assistance.