We've launched a new project to develop a standard buyer-seller contract for Pending Issuance Units and Woodland/Peatland Carbon Units. The work is being supported by NatureScot in collaboration with the Scottish Government and in partnership with the National Lottery Heritage Fund, through the Facility for Investment Ready Nature in Scotland. 

The project aims to support smaller-scale and community participants in carbon markets. It also hopes to support the market by: 

• Making the process of contracting easier 
• Reducing transaction costs
• Increasing the integrity of codes/standards and confidence in their use 

We hope a standard contract will help landowners, tenants, community groups and buyers to participate in nature markets with greater confidence. 

We’ll be working throughout 2024 and are aiming for the first contract to be ready for use in spring 2025. We will invite the views and experience of a range of landowners, developers and carbon credit buyers.  

We’ll provide more information in our newsletter and on our project webpage as the project develops. You can also This email address is being protected from spambots. You need JavaScript enabled to view it., Nature Market Contracts Project Manager, to find out more.