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Area 03 of 6

Legitimate, transparent and fair markets.

The environmental quality of a project cannot be separated from how decisions are made, how benefits are distributed and how the rights of the people involved are protected.

EMFF working group talking in a mountain meadow.

Social and environmental safeguards

Building risk prevention and management into the design.

EMFF develops governance frameworks and tools that help identify risks, integrate social and environmental safeguards and organize the evidence needed for project validation and certification processes.

Equity

Equity must be part of the design.

Many environmental projects generate global benefits, yet they take place in territories managed and protected by local communities.

Without equity mechanisms, revenues can end up concentrated among intermediaries or actors far removed from the territory. EMFF promotes models that:

  1. Recognize the role of communities
  2. Set clear rules
  3. Facilitate participation
  4. Improve access to information
  5. Promote fair prices
  6. Promote fair participation in the opportunities generated

Participation

Local stakeholders connected to the project must be part of decision-making.

Participation should not be reduced to a formal consultation or limited to benefit sharing.

It must enable local stakeholders to understand projects, express their priorities, take part in governance and access grievance and response mechanisms.

Transparency

Understandable information for responsible decisions.

Transparency protects the credibility of environmental markets and enables accountability. To achieve this, information about projects must be accessible and understandable, including:

  • The methodology used
  • Those responsible for the project
  • Results achieved
  • Verifications carried out
  • Ownership of the credits
  • Transactions
  • Revenue distribution
  • Risks and limitations

Benefit sharing

Clear criteria from the outset.

Distribution mechanisms must be defined from the outset of the project and be based on clear, verifiable and agreed criteria.

EMFF promotes mechanisms to ensure that economic and non-economic benefits reach those who help conserve and manage ecosystems.

Integrity

Preventing environmental finance from becoming an empty promise.

Integrity requires consistency between what a project communicates and what it actually delivers. This means avoiding:

  • Overstated results
  • Double counting of results or credits
  • Lack of additionality
  • Lack of transparency
  • Displacement of impacts to other territories
  • Exclusion of communities and other affected stakeholders
  • Conflicts of interest
  • Incomplete information
  • Misuse of environmental credits

Let’s work together

Let's make nature visible in the decisions that shape our future.

We work with organizations that want to better understand their relationship with natural systems and contribute to the development of rigorous, fair and scalable environmental solutions.