Response on the proposed design of the Nature Repair Market's Protect and Conserve method, recommending a broadening of its use to enable increased market uptake and landscape-scale outcomes.
This submission suggests improvements for the proposed design for the Nature Repair Market’s Protect and Conserve method. NRMRA advocates for consistency with regional NRM plans to ensure projects consider local environmental, social and economic contexts and reduce risk, similar to carbon farming requirements. A key suggestion is clarifying how the P&C method interlinks with other markets, such as the carbon market’s Environmental Plantings method, to enable ‘stacking’ and boost method uptake. Furthermore, the submission warns that high administrative burdens and site assessment costs could be a barrier to landholder participation, and highlights the key role for trusted intermediaries to improve usability.
