About

Role and Responsibilities

The Environmental Markets Board Limited is currently providing oversight of the following markets:



The role of the Board in relation to key market stakeholders is summarised in the following diagram.


Environmental Markets Board Role Diagram

The insights and experience of the Board will be a source of advice for governments and regulators about how markets should be governed and regulated.


Find out more about the Board Members

Funding

The Environmental Markets Board has been established with initial funding provided by Wessex Water Limited. It will also receive funding for its role in supporting the Broadway Initiative in the development of a UK Environmental Markets Governance Scheme. Over the longer term, the intention is for the Board to be funded by Market Participants in the Markets it oversees. 

Context

In June 2022, the Financing Nature Recovery UK initiative set out a framework for high-integrity Environmental Markets that outlined the need for institutional architecture to ensure that market rules, standards and accreditation processes are developed and applied in a transparent and predictable way in order to build and maintain investor confidence.


The Environmental Markets Board was first established in June 2023 and was formally incorporated as a not-for-profit company limited by guarantee in February 2026.