Unlocking nature finance is essential to supporting the growing efforts on the ground. We believe that human endeavours and nature services deserve equal recognition. The most effective approach we have today is to measure outcomes. While outcomes can be interpreted in various ways, advanced ecological and scientific methodologies provide us with precise metrics for assessing gains in biodiversity and ecosystem services. Through these methodologies, and with the aid of cutting-edge monitoring solutions, we issue Verified Nature-Positive Credits (VNPC). However, for nature to realise these gains, including the contributions of humanity, requires time. This is where BioAccess Pass come into play.

Introduction

What are BioAccess Pass?

Aimed at investors, the passes provide a solid, transparent, and credible avenue for nature-positive investments. Issued in accordance with a given methodology for a selected nature project with awardable VNPCs (Biodiversity Credits). Project’s are located in various regions around the globe for which an ecosystem design and baseline study have already been done.

BioAccess Pass can be swapped for VNPCs (Biodiversity Credits) when the relevant amount of biodiversity gain has been achieved and verified, in accordance with an issuance schedule. The funding raised from BioAccess enables the nature-positive projects to reach a self-sufficient stage.

Owners of BioAccess Passes can trade them and this trading will help establish prices to resolve the second main blockage in the VNPC (Biodiversity Credit) market.  Alternatively, owners can wait until the BioAccess Pass converts to a VNPCs (Biodiversity Credit) and either make claims to support nature reporting (TNFD or CSRD) or trade them.

Project registration is the formal process of submitting a Project Idea Note (PIN), Project Design Document (PDD) or Project Design Document Monitoring Report (PDDMR) to Integrity Certificates (IC) and an approved Validation and Verification Body (VVB) for assessment. This submission provides detailed information about the project's objectives, procedures, and expected (or monitored) Ecosystem Condition improvements. Registration ensures transparency, accountability, and credibility, enabling projects to issue VNPCs, which can be traded or used to make Nature-positive claims or contribute to improving Ecosystem Conditions by organizations or individuals.

Strict and transparent issuance

A methodology refers to a systematic approach or set of procedures designed to quantify and measure Ecosystem Condition (EC). These methodologies offer a standardized framework for estimating, monitoring, and verifying EC improvements, ensuring consistent and comparable results across various projects utilizing the same approach. Typically, they establish criteria and outline procedures for data collection, quantification, monitoring, and reporting of EC improvements, serving as best practice guidance for projects.

Recognised methodologies available

SYKS conducts a detailed cost analysis to establish a fair project cost of development while providing market price uplift at different issuance stages.

An overall doubling of the biodiversity value (100% increase) has been conservatively predicted over a 25 year period from these management actions.  Buyers can purchase BioAccess Passes and these are being offered at a fair price to fund the conservation work needed to achieve these goals. The number of BioAccess Passes issued equate to a conservative estimate of the likely uplift or avoided loss of biodiversity over the lifetime of the project.

The funding raised from BioAccess Passes enables the conservation projects to raise the funds needed to get the project to a self-sufficient stage (first issuance after 2 – 3 years).

Pricing Structure

Project Check List 

  • Design documents

  • Ecosystem strategy, including metrics

  • Legal and regulatory framework

  • Implementation and stakeholder engagement

  • Financial model

  • Issuance schedule

Validation and Verification is done using the most rigorous option available provided by independent academic and scientifically peer reviewers.

To ensure that validations are carried out in accordance with standards, a procedure has been designed with the necessary criteria for the approval of validators.

The Validation and Verification Standard, and the criteria established to ensure consistent project design, implementation, monitoring, and reporting, as well as specific decisions agreed upon by the Internal Teams, Technical Experts and the Steering Committee, will be used to carry out project Validation.

Furthermore the technical infrastructure ensure transparent traceability. With data hashes recorded on-chain a precise origination trace back facilitates rapid auditing and supports any corporate reporting.


Design Validation

Project site assessments are conducted to establish a detailed baseline which is used as the foundation for establishing the awardable credits for the project life time. The ecosystem strategy including selected metrics, are thoroughly reviewed and validated to ensure the project aligns with the chosen methodology.


Issuance Verification

All raw data (camera trap, audio files, bioinformatics for metabarcoding, field recorded data etc) has to be submitted and the samples the raw data to compare against data sheets by the reviewers. If this is OK then each of the metrics is recalculated and then the size of the claim that can be verified is identified.