How to participate

Yes. A single parcel can run two methodologies under two standards and issue two credit types. Each lineage is tracked separately, so the provenance of each credit stays intact.

Government plays a vital role in environmental markets: driving demand through policy, providing assurance by buying credits, and stimulating the market by supporting Eco-Markets. Together those contributions improve environmental outcomes and attract much-needed corporate investment into nature, so that nature is finally valued in an open marketplace.

Once you have identified a project and an outcome that suit your corporate social responsibility commitments or compliance obligations, contact the Project Proponent directly to ask whether Credits are available and in what quantity. Purchases are made at arm’s length from Eco-Markets, which has no ability to influence price. That separation is what protects the integrity of the Value Nature Framework.

Start by reviewing the approved Methodologies and identifying the one that suits your land. Register yourself as a proponent on the registry. Once you are approved as a proponent, you can submit your project for approval by the Eco-Markets Secretariat. Once your project is approved, you are free to begin work on the ground, improve environmental outcomes and earn Credits. You can contact us at any point in that process at info@eco-markets.org.au.

An ENVOMARK Credit grants its owner the exclusive right to a verified, measurable environmental claim. Once you buy a Credit and make the claim, that Credit is retired for good. Credits can be held and retired at different times, with each retirement supporting a single claim towards your compliance or ESG goals. ENVOMARK Credits are not a licensed financial asset class that requires reporting.

The mark is applied only to Standards, Methodologies, Projects and Credits that meet a minimum bar for integrity, transparency and rigour. It is the culmination of Eco-Markets’ governance, expertise and consultation. Where the mark appears, buyers can be confident the outcome has been measured, quantified, verified and already achieved. It is a consistent signal of integrity, so buyers can purchase repeatedly without taking on integrity or greenwashing risk.

If your Reef Credit project has already been validated and registered, it continues to operate under the Methodology version that applied when the project was registered. A revision to an approved Methodology does not automatically require existing projects to transition to the new version during their current crediting period.

Where a proponent chooses to transition, all eligibility requirements under the relevant Method and Standard must be met, an application for validation by the Secretariat is required, and the registry must be updated accordingly.

Where an existing project renews its crediting period, it must adopt the most recent version of the applicable Methodology, reassess its baseline scenario and demonstrate compliance with the latest requirements.

New projects must use the most recently approved version. Proponents may elect to use the previous version if they submit their project for validation within 90 days of the updated Methodology being approved. Refer to sections 4.9 and 3.2.2 of the Reef Credit Standard.

An ENVOMARK Credit represents an environmental outcome that has been measured, independently verified, and can only be claimed once. An ENVOMARK Reef Credit (DIN), for instance, represents a kilogram of dissolved inorganic nitrogen prevented from entering the Great Barrier Reef. That distinction matters, because activity on land does not always translate into an improvement in Reef water quality. An ENVOMARK claim rests on an outcome that has already been achieved.

Verification is carried out by independent verifiers approved by ENVOMARK. They review and approve the verification reports prepared by proponents. Eco-Markets then reviews those reports before any Credits are issued.