►
Description
Creating a marketplace for ecological benefits credits through a common framework. View recording from Lexicon here:
https://www.youtube.com/watch?v=plVawJfFi8c
A
Yeah,
so
I'm
sharing
about
region,
Network
and
Federica
is
going
to
help
me
with
going
through
the
slides
here
quickly,
I'm
going
to
start
with
a
really
brief
brief
background
of
what
regen
is
so
that,
then
we
can
move
into
how
the
work
that
we're
doing
applies
to
regen,
so
regen
Network
uses
the
monitoring
of
changes
in
ecosystem
health
to
create
value
and,
ultimately,
Finance
for
ecosystem
regeneration.
A
A
The
tools
that
we
work
with
to
do.
This
are
our
custom
built
Ledger,
which
is
a
proof
of
stake,
blockchain
that
allows
for
data
sharing
in
a
transparent
way.
The
registry
that
guides
and
supports
in
the
process
of
methodologies
for
credit
creation
and
our
Marketplace.
That's
the
storefront
and
transaction
vehicle
for
the
credits
next
slide.
A
A
A
A
As
we're
building
a
new
markets,
the
common
framework
that
the
Lexicon
is
working
to
create
through
the
ebf
activator
will
allow
Builders
to
better
understand
what
one
another
is
doing
and
when,
where
and
how
they
can.
Collaborate
I
think
we're
all
in
here,
because
we
agree
the
importance
of
communication,
what
we're
deciding
to
communicate
and
how
this
directly
reflects
on
what
we
value
the
functions
we
choose
to
Define
as
Services
the
ecosystem
offers
us
or
what
we
are
asking
nature
to
provide
for.
A
A
As
my
co-worker
Ned
horning
says,
we
could
work
towards
a
new
common
signaling
to
buyers
about
what
the
credit
is
value
of
it
is,
and
from
a
broad
perspective,
how
to
interact
with
credits.
This
would
hugely
impact.
This
would
be
hugely
impactful
and
is
exactly
the
type
of
work
that
our
environmental
stewardship
credit
looks
to
support,
which
net
is
going
to
now
jump
on
and
share
with
you
about
that
work.
B
Okay,
here
thanks,
so
this
is
we're
calling
it
the
environmental
stewardship
initiative,
and
this
is
just
the
quote
that
I
took
out
of
the
the
it's
an
academic
discipline
called
environmental
distribution
and
it
summarizes
kind
of
the
basic
General
ethos
of
what
we're
trying
to
achieve
as
we're
as
we're
developing
this
framework.
B
So
one
of
trying
to
come
up
with
some
sort
of
Keystone
phrase
that
I
can
say
that
summarizes
the
what
we're
trying
to
do
and
I'm
still
working
at
it,
but
one
of
the
concepts
is
that
we're
trying
to
take
shift
the
direction
of
the
benefits
related
to
ecosystems,
because
right
now
most
of
the
people
most
people
seem
to
think
of
you
know
what
benefits
or
what
services
are
we
receiving
from
ecosystems
instead
of
you
know,
how
can
we
contribute
to
the
ecosystem
so
basically
changing
that
the
direction
of
that
Arrow
and
that's
what
we're
trying
to
do
in
this?
B
This
environmental
stewardship
initiative
next
slide.
Please.
B
So
this
is
just
a
quick
table.
This
is
the
last
slide,
but
it's
it
summarizes
what,
where
you
know
some
of
the
different
some
of
the
contrasts
between
the
carbon
markets,
for
instance,
or
even
other
outcome-based
methodologies,
and
what
we're
trying
to
do
in
environmental
stewardship,
and
a
lot
of
this
was
gathered
just
from
my
observation.
B
It
was
over
in
this
last
several
years
of
observing,
what's
going
on
in
the
parking
markets,
but
you
know
one
shift
is
from
a
single
metric
carbon
to
something
taking
this
very
holistic
view
of
the
environment,
shifting
from
an
I
think
system
service
perspective,
where
you
know:
what
are
we
getting
from
the
ecosystem
to
ecosystem
functions
that
you
know
we
just
want
to
have
good
functioning
ecosystems.
It's
not
so
much
important,
it's
not
so
important.
What
we're
getting
from
this
ecosystems.
It's
just
important
that
this
ecosystem
functions
very
well,
we're
shifting
this
idea.
B
You
know
the
data
is
used
to
put
a
price
on
a
credit
and
that's
basically
a
rewarder
punishment
system.
We
want
to
use
data
collection
is
incredibly
important
and,
like
somebody
had
mentioned
earlier,
we
need
there's
still
a
lot.
We
need
to
learn
about
our
practices
and
the
impact
on
the
environment,
and
we
can
use
data
for
knowledge
generation.
That's
that's
going
to
be
a
very
important
to
learn
this.
Another
change
is
you
know,
instead
of
putting
the
monetary
value
on
a
natural
resource,
it's
more
put
on
what
does
it
cost
to
do
something?
B
So
it's
one
of
the
big
shifts
is
this
idea
with
carbon
prints,
especially
it's.
You
know
how
much
money
can
I
make,
how
much
money
can
I
make
in
this
land?
How
much
money
is
this
worth
and
shifting
that
to
what
isn't
enough
to
do
this?
You
know
how
much
is
enough.
Instead
of
you
know,
focusing
on
maximizing
profit
also,
you
know
the
most
well
carbon
markets
and
a
lot
of
other
methodologies
are
based
on
outcomes.
B
This
there
can
be
some
outcome
based
projects
in
the
abroad
structure
program,
but
most
of
them
are
focused
on
focused
on
practices,
which
is
more
of
the
practice-based
approach,
but
it's
there's
a
lot
of
criticism
and
practice
based
approaches,
but
we
have
we're
trying
to
address
those
criticisms.
B
Also,
carpet
markers
have
very
high
bar
eventually
we're
trying
to
develop
things
that
make
it
very
simple
for
for
people
to
move
to
participate
in
this
kind
of
program,
the
Department
transportation,
their
money
is
going
to
other
people.
It's
not
going
to
the
people
on
the
ground
that
are
potentially
doing
the
work
this
it's
intending.
This
is
an
attempt
to
get
most
of
the
money
to
the
people
that
are
actually
doing
the
work
and
anyway,
to
sum
up
all
this
with
the
the
EBS
program.
B
B
Sure
so
like,
for
example,
with
Hardware,
it's
the
credit
is
based
on
the
outcome
of
how
much
Harbin
is
sequestered
and
there's
there's.
There
are
issues
with
that,
because
the
ecosystem
service
is
part
of
the
sequestration
and
storage,
but
we're
completely
ignoring
carpet
emissions
which
is
really
what's
going
to,
and
yes,
that's,
what's
really
tied
to
ecosystem
health
is
more,
it
would
be
the
carbon
emissions
but
anyway,
so
that's
part
of
the
markets
from
the
base.
Based
on
the
outcomes,
you
know
what
is
actually
measured.
B
The
project
or
something
that's
based.
Credits
that
are
based
on
practices
would
be,
for
example,
there's
a
certain
agroforestry
methodology.
That's
been
shown
to
have
environment
ecosystem
function,
benefits
well,
that
should
just
be
implemented.
If
we
know
that
if
we're
have
very
high
expectations
that
that's
going
to
have
a
positive
outcome,
we
should
you
know,
encourage
people
to
do
it.
We'll
not
worry
so
much
about
you
know
how
much
is
carpet
is
going
to
be
sequestered
and
how
much
you
know.
How
can
we
measure
that
and
put
a
price
on
it?
B
Let's
provide
people
with
enough
funding
to
actually
Implement
those
methodologies,
but
we're
going
to
collect
data
to
see
how
well
it's
doing
it's
just
that
the
the
price
going
back
to
the
farmers
or
the
people
in
the
ground
that
are
doing
this
are
not
going
to
be
impacted
by
how
much
carbon
there's
a
question
they're
going
to
be.
You
know,
rewarded
for
doing
a
good
practice
and
if,
for
some
reason,
they're,
not
sequestering
enough
pardon
instead
of
being
punished
by
you
know,
spending
more
for
sampling
than
even
getting
back
in
Apprentice,
they
should
be.
B
They
should
still
be
rewarded,
because
I
think
the
expectation
was
that
it
was
going
to
provide
great
outcomes
and
it
didn't.
So.
We
need
to
understand
why
that
is
so.
We
want
to
collect
data
that
the
data
collection
is
very
important.
We
want
to
collect
data
understand,
what's
not
what
went
wrong
there?
Maybe
that
methodology
doesn't
work
in
that
environment,
or
maybe
they
did
something
that
wasn't
quite
great,
but
anyway,
those
Farmers
the
people
that
are
actually
doing
the
work
shouldn't
be
the
ones
that
are
punished.