Biodiversity and sustainable real estate news

The World Economic Forum report published at the end of 2023 is unambiguous: biodiversity credits could become a key driver of environmental finance. But today, the market remains embryonic, subject to strong methodological criticism, and awaiting credible standards. While public and private stakeholders are considering their role, one thing is clear: no credit can exist without a reliable method for measurement, verification, and governance. This is precisely what IRICE offers with the Biodiversity Performance Score (BPS) and the Effinature certification.
The WEF's assessment: a still unstable market
The WEF's 2023 report confirms several key points:
- There is a growing interest in biodiversity credits, particularly through voluntary contributions.
- But the supply remains fragmented, without a shared framework for definition, measurement or governance.
- The main obstacles mentioned are: the lack of a standardized unit, the fear of further greenwashing, the lack of trusted third parties, and the difficulty in linking projects to verifiable environmental results.
- the absence of a standardized unit,
- the fear of a new greenwashing scheme,
- the lack of a trusted third party,
- and the difficulty in linking projects to verifiable environmental results.
In summary: a strong need, but a lack of infrastructure.
Credits and scores: do not confuse a financial instrument with an evaluation tool
The report emphasizes that credit can only be credible if it is based on:
- a preliminary assessment of the site or project,
- identified pressures,
- measurable dynamics,
- transparent monitoring.
However, these elements are not related to the market. They are related to the method.
This is where IRICE comes in. The Biodiversity Performance Score is a scientific, independent, and reproducible assessment tool. It does not create credit. It measures actual ecological performance.
Effinature: anticipating market maturity
Effinature, a standard developed and certified by IRICE, enables:
- to evaluate an urban or territorial project based on its ecological performance,
- to certify its effects on biodiversity (functions, pressures, coexistence),
- to objectively assess its real environmental benefits,
- to provide evidence consistent with future ESG requirements or contribution credits.
In other words: Effinature is structuring today what the markets will be looking for tomorrow.
For public and private actors: do not wait for rules to structure action
Many project developers wait for the market to organize itself before taking action. But that's like building without a plan.
Local authorities, developers, planners, and asset managers can already:
- to objectify their actions,
- structure their biodiversity reporting,
- to ensure a trajectory compatible with the Global Biodiversity Framework, thanks to the BPS and Effinature certification.
Conclusion
Biodiversity credits may be the future. But without proof, they will remain just a promise. The only possible foundation is a replicable, independent, and enforceable measure.
This is what we have been building since 2023.
At IRICE, we don't sell living organisms. We certify their regeneration.
