The Work

Building the technical foundations Australia's nature markets are missing.

The Biome Foundation exists to solve four structural problems in Australia's nature markets. Problems that sit upstream of where commercial returns can be priced. This is the substance.

The Problem

Australia's nature markets are stalled by capability gaps, not capital gaps.

The opportunity is real and the demand is mandated. But the technical, institutional and relational infrastructure to convert capital into credible projects does not yet exist at the scale the market requires. These are problems no commercial fund will solve. They sit upstream of where commercial returns can be priced.

i.

Validated methodologies for Australia-specific project types (including biochar, blue carbon, biodiversity stacking and freshwater systems) do not exist, or face 18 to 24 month approval cycles.

ii.

First Nations corporations, who hold the land tenure and ecological authority required for high-integrity projects, often cannot access the technical, governance, or financial infrastructure to participate as principals rather than delivery vehicles.

iii.

High-quality technical assistance (including feasibility, MRVMRV = Measurement, Reporting, and Verification. The system that turns ecological work into auditable, defensible impact data. design and regulatory navigation) is either out of reach at commercial rates or unavailable, pricing smaller and First Nations-led projects out of credible participation.

iv.

The feedback loops between project developers, regulators, philanthropists, scientists and First Nations corporations are weak. Half the bottlenecks live in the gaps between these groups.

These problems need an institution built for capability. Not a charity, not a generalist conservation NGO.
What the Foundation Does

Four activity areas, purpose-built for the gaps the market actually has.

Each area addresses a specific structural gap in Australia's nature market that no other institution is positioned to fill.

01

Methodology development and approval

Convening regulators, scientists and project developers in structured campfire sessions to fast-track validated methodologies for Australia-specific project types. Working directly with the Clean Energy Regulator and equivalent bodies to compress what is currently a 2 to 3 year approval cycle. Outputs are validated, regulator-accepted methodologies the entire market can deploy.

02

First Nations capacity and regrantingRegranting = re-distributing grant capital to smaller organisations who couldn't access the original funder directly. Puts decision-making closer to the work.

A regranting facility for First Nations corporations, providing direct funding for governance frameworks, technical capability building, ranger workforce development and project-readiness work. Native seed banks, conservation hatcheries and Indigenous land management workforces sit here as foundational ecological infrastructure, owned and operated by First Nations partners.

03

Discounted fee-for-service technical assistance

High-quality feasibility studies, MRV design, baseline ecological surveys and regulatory navigation made available to credible projects at deeply discounted rates. The objective is to remove the technical-assistance cost barrier that currently prices smaller and First Nations-led developers out of high-integrity participation.

04

Design and market-testing of future fund structures

Convening philanthropists, institutional investors, regulators, First Nations corporations and project leads in structured working sessions to design and stress-test the next generation of nature finance vehicles in Australia. Outputs are anonymised insight reports that map the bottlenecks blocking investment.

Why now
Demand is mandated. Capital is increasingly available. Capability is the bottleneck. The next eighteen months determine whether Australia's nature markets emerge with integrity. And whether the institutional model that emerges can be built elsewhere.
Theory of Change

How catalytic capital creates permanent capability across Australia's nature market.

Inputs

Patient, catalytic capital

Philanthropic grants, concessional finance and government catalytic funding directed at activities the market will not fund.

Activities

Four integrated workstreams

Methodology development, First Nations capacity and regranting, discounted technical assistance, and market-testing convenings.

By end-2026 · Year 1

What you'll see within twelve months

  • 1 methodology in regulator review
  • 2 First Nations corporations onboarded for regranting
  • The first Campfire delivered, insight report published
  • 4–6 Foundational Partners committed
  • Integrated advisory body operating
By end-2028 · Year 3

Built, validated, operating

  • 2+ validated Australia-specific methodologies
  • 5+ First Nations corporations supported
  • 10+ projects backed with technical assistance
  • 3+ convenings with published insight reports
  • Seed banks and ecological infrastructure under First Nations ownership
Outcomes

What changes as a result

Australia's nature market gains validated methodologies, First Nations corporations participate as principals, smaller projects access high-quality technical assistance, and future commercial vehicles can be designed against demonstrated capability.

Beyond Year 3 · The model travels

The architecture being built (methodologies, regranting model, Campfire convening format, integrated advisory body) is designed to be jurisdiction-portable. Once it works in Australia, the same pattern can be adapted for other places where the three preconditions stack: mandated demand, Indigenous or First Nations leadership, and regulatory architecture forming.

Not a charity. Not a generalist NGO. Built for the gaps the market actually has.
Next

The work is held by a small team, deliberately chosen.

Glen Kelly as Chair. Oliver and Lorenzo as Co-Founders. Nicole providing strategic advice. Plus the Traditional Owner partners who are principals on the work itself.

Meet the team → Or partner with us