Nature Markets Survey

NetZero Isle of Man are currently exploring a scheme to attract private sector funding into on-Island nature restoration projects to sequester carbon and increase biodiversity. The carbon sequestered would generate high integrity carbon units for sale, potentially along with nature units, for buyers to offset against unavoidable greenhouse gas emissions. The scheme would provide owners of land with a revenue stream, support the Island’s statutory target of Net Zero by 2050 and address biodiversity net gain. Various businesses on the Island have already expressed an interest in this type of high integrity scheme and, as NetZero Isle of Man works towards pilot projects, we would like to gauge the level and nature of demand more widely across the Island’s businesses for investing in local nature projects. Your response to the following questions will help to inform the development of the scheme. We anticipate that this survey, comprising 17 questions, will take approximately 5-10 minutes.
1.Which sector does your business operate in?(Required.)
2.How many employees do you have?(Required.)
3.Does your business have an ESG policy?(Required.)
4.Does your business have a nature/biodiversity policy? (which may be within an ESG policy)(Required.)
5.Does your business have a greenhouse gas emissions reduction plan?(Required.)
6.If your answer to question 5 is “yes”, has your emissions reduction plan been independently audited?
7.If your answer to question 5 is “no”, are you planning to put an emissions reduction plan in place?
8.How strongly do you agree with the statement: businesses have a responsibility to contribute to long-term wellbeing for all people and the planet, in addition to creating a profit(Required.)
9.Are you interested in investing in nature restoration projects on the Island?(Required.)
10.If your answer to question 9 is “yes”, would you require carbon units in return?
11.If your answer to question 9 is "yes", over what period of time are you interested in investing?
12.If your answer to 9 is “yes”, what amount of investment would you anticipate making?
13.If your answer to question 9 is “no”, please provide your reason(s)
14.If you already invest in an international voluntary carbon market scheme, would you be attracted to local schemes?(Required.)
15.If your answer to question 14 is “no”, please provide your reason(s)
16.Are there any other benefits you would anticipate from investing in local nature projects, e.g. promotion, staff engagement etc.?(Required.)
17.Please provide any other comments which you consider may be helpful in further explaining your answers.