Introducing DEEP (Decentralised Ecological Economics Protocol) A Pathway to Flipping the Economics of Ecology

Open Access
Authors
Publication date 20-12-2023
Number of pages 6
Publisher Sovereign Nature Initiative
Organisations
  • Interfacultary Research
  • Faculty of Law (FdR) - Amsterdam Center for International Law (ACIL)
Abstract
At the Sovereign Nature Initiative, our goal is to reconfigure the economics of ecology by finding ways to fund and expand projects that sustain life on our planet. Currently, most ecological stewarding projects are severely underfunded. Biodiversity restoration primarily relies on donations, and funding from philanthropists, public institutions, and other donors. Private voluntary contributions toward nature-positive efforts, also known as “private investments in nature”, play a key role in addressing this funding gap.

We developed the Decentralised Ecological Economics Protocol (DEEP) together with the Registry for Ecological Asset Linking (REAL) to ensure that private commitments are valuable, and eventually become a key mode for contributing to the restoration of biodiversity worldwide. Our protocol and interface allow us to effectively integrate data about ecological impact with the digital realm. This approach generates new funding streams while imbuing digital assets with tangible and real-life significance. Critically, our approach allows ecological stewards to market their work without impeding their on-site efforts, ensuring a harmonious balance between financial viability and biodiversity restoration.
Document type Report
Note Whitepaper
Language English
Published at https://sovereignnature.com/features/deep-whitepaper
Downloads
SNI-DEEP-whitepaper (Final published version)
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