𝐈’𝐦 𝐥𝐨𝐨𝐤𝐢𝐧𝐠 𝐭𝐨 𝐭𝐚𝐥𝐤 𝐰𝐢𝐭𝐡 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐥𝐞𝐚𝐝𝐞𝐫𝐬, 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬, 𝐠𝐫𝐞𝐞𝐧 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 𝐞𝐱𝐩𝐞𝐫𝐭𝐬, 𝐚𝐧𝐝 𝐨𝐭𝐡𝐞𝐫 𝐤𝐞𝐲 𝐬𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐢𝐧 𝐡𝐢𝐠𝐡-𝐢𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲 𝐜𝐚𝐫𝐛𝐨𝐧 𝐚𝐧𝐝 𝐧𝐚𝐭𝐮𝐫𝐞 𝐦𝐚𝐫𝐤𝐞𝐭𝐬!
I’m conducting research on business and investor perceptions of risk and uncertainty in high-integrity voluntary carbon and nature markets (VCNMs) and how UK policy can better support. This study is part of my work with the Oxford Policy Engagement Network (OPEN) and the The Leverhulme Centre for Nature Recovery and is being conducted while I’m on Secondment to the Department for Energy Security and Net Zero.
This project aims to provide evidence to inform the UK Nature Markets Framework - the government’s approach and vision for scaling up high-integrity private investment into net zero and nature recovery - and the international significance of lessons learned from the UK.
𝐖𝐡𝐲 𝐝𝐨𝐞𝐬 𝐭𝐡𝐢𝐬 𝐦𝐚𝐭𝐭𝐞𝐫?
The UK is committed to environmental goals, including nature recovery and net zero, through its Environmental Improvement Plan, legislated net zero target, and other measures. A major challenge is the £44-98 billion “nature-finance gap” over the next decade. Among other objectives, the UK government aims to help close this gap by attracting private investment via voluntary carbon and nature markets, supported by policies like the Nature Markets Framework and Green Finance Strategy.
The UK aims to support “high-integrity” markets that deliver climate, ecological, and social benefits while protecting Local Communities and Indigenous Peoples. However, a key challenge is understanding drivers and barriers to investor participation, including tensions between ensuring certainty on return for investment and the inherent risks associated with projects aiming to deliver community benefits alongside environmental goals.
𝐖𝐡𝐨 𝐚𝐦 𝐈 𝐥𝐨𝐨𝐤𝐢𝐧𝐠 𝐭𝐨 𝐬𝐩𝐞𝐚𝐤 𝐰𝐢𝐭𝐡?
If you’re involved in or thinking about high-integrity carbon and nature markets – whether as a business leader, investor, agency, or industry expert – I’d love to hear your perspectives. While this study is initially focused on the UK, I’m also interested in hearing about the international significance of these issues.
𝐖𝐡𝐚𝐭’𝐬 𝐢𝐧𝐯𝐨𝐥𝐯𝐞𝐝?
A 30-minute, confidential interview held flexibly online in March-May 2025. Before the interview, you'll receive full information about the project and data privacy, and can withdraw at any time. Your insights will contribute to strengthening evidence for policy around high-integrity voluntary carbon and nature markets.
📩 If you’re interested in participating, please feel free to DM me or email me at: caitlin.hafferty@ouce.ox.ac.uk. I’m very happy to have an informal chat before you decide whether or not to participate.
I’d also love to hear about other work in this space - feel free to reach out for a general chat on collaboration!