Pricing nature: carbon and biodiversity credits explained

7 May 2026

Pricing nature: carbon and biodiversity credits explained

Carbon and biodiversity credits are often discussed together as tools for pricing nature.
This can give the impression that they perform a similar role in investment strategies. In practice, they price fundamentally different things, behave differently in markets and should be treated accordingly by investors.

In this Market Musings paper, we explore the distinctions between carbon and biodiversity credits and explain what they mean for investment committees today. Read the full article to understand how pricing nature can support disciplined investment decisions without overstating the role of credits in the return case.

Front page pricing nature article may 26

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Van Lanschot Kempen Investment Management NV (VLK Investment Management) is licensed as a manager of various UCITS and AIFs and is authorised to provide investment services and as such is subject to supervision by the Netherlands Authority for the Financial Markets.

This document is for information purposes only and provides insufficient information for an investment decision.This document does not contain investment advice, no investment recommendation, no research, or an invitation to buy or sell any financial instruments, and should not be interpreted as such.

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