Initiative
The initiative
Fair Environmental Markets Initiative
The Fair Environmental Markets Initiative aims to build carbon market schemes that allow and ensure benefits are equitably and fairly distributed among the participants involved in its projects.
It is a strategic partnership forged between regions, governments, organizations and many relevant actors whose main goal is to promote carbon market opportunities in developing countries, based on fair carbon pricing schemes.
How was the initiative born?
This initiative was born in view of the rapid development of carbon markets in the world and the urgency to find tools to assist countries in increasing their climate ambition.
Its goal is to create a strategic alliance between regions that share the same vision and interests regarding the protection of environmental integrity and equity in the sharing of benefits. The main point is to identify issues to work in collaboration and strengthen their voice in international discussions.
This initiative has had a great dynamism from the beginning in partnership with Colombia, Dominican Republic, Argentina, Ecuador and partners from West Africa, whose main goal is to promote biodiversity preservation and environmental integrity issues on a global scale. The Climate and Biodiversity Loss Crisis demands unprecedented proactive leadership, a reinforced climate governance based on the development of a new approach of transparency and equity in carbon markets.
Beyond carbon
The decision to change our name to Environmental Markets Fairness Foundation is driven by our commitment to reflect a holistic paradigm. In this new era, carbon is just one among many environmental assets integral to discussions surrounding mechanisms for financing climate change mitigation, adaptation, resiliency, biodiversity restoration, nature conservation, and the combat against plastic pollution.
Our foundation has already demonstrated strength and unwavering commitment to these causes, and this name change is a proactive step to align our identity with the broader and more inclusive scope of our mission. The Environmental Markets Fairness Foundation encapsulates our dedication to fairness, sustainability, and a comprehensive approach to addressing environmental challenges.
Mission, vision
and impact
At Environmental Markets Fairness Foundation, we work toward a future where environmental markets are fair, transparent, and sustainable. Our mission and vision guide our efforts to balance human needs and nature conservation.
Mission and impact
Our mission is to create fair and transparent environmental markets to tackle climate change, biodiversity loss, and global environmental challenges. Environmental Markets Fairness Foundation (EMFF) aims to create a lasting positive impact, contributing to sustainable development and climate resilience.
Vision
Our vision is a world where environmental markets operate fairly and effectively, promoting high levels of climate ambition and restoring the environment. We aim for a future where these markets foster sustainable development, ensuring benefits are equitably shared among all stakeholders, maintaining a harmonious balance between humanity and nature.
Fairness
We build fairness in environmental markets
The global environmental crisis is becoming more evident every day. Floods, extreme heat waves, wildfires, soil erosion, polluted air, biodiversity loss, and the spread of diseases are just a few examples of the direct impact that environmental degradation has on planetary life.
In light of this reality, nature itself plays a crucial role by offering solutions, and emerging environmental markets are becoming a powerful tool to channel available international funding while simultaneously promoting increased climate ambition.
Nature-based Solutions (NbS) represent a holistic approach that acknowledges the interdependence between humans and nature, offering innovative solutions for more sustainable development.
Every human activity, directly or indirectly, relies on some service provided by nature. By understanding this truth, we also grasp the urgency of investing in and financing environmental projects that rise to the level of contemporary global challenges.
As Patricio Lombardi actively states: “Conservation without money is just conversation.” underscoring the need for financial resources to turn ideas into tangible actions.
Currently, market prices are unfair. Projects that generate enormous benefits are paid very little, due to pricing schemes that do not reflect the true value of what these projects offer. This injustice is not only reflected in market prices but also in the distribution of benefits, which often fail to significantly impact the communities implementing these projects.
For initiatives to be truly effective and of high quality, they must be fair, integrative, and sustainable.
In this context, EMFF plays a crucial role. The core purpose of the Foundation is to ensure that environmental markets not only fund conservation projects but do so while respecting environmental integrity and guaranteeing the equitable distribution of resources. Additionally, the Foundation is committed to promoting transparency in information and fair capacity building to empower all stakeholders, strengthening governance frameworks to effectively channel the enforcement of safeguards.