Ecological Knowledge System for Nature Repair Market

This document is a guide detailing the Ecological Knowledge System (EKS) designed to support biodiversity management and nature repair initiatives in Australia. The EKS provides essential information for market participants, enabling them to design projects and evaluate potential biodiversity benefits. It is a collaborative effort between CSIRO and the Australian Government Department of Climate Change, Energy, the Environment and Water, aimed at enhancing access to reliable ecological data. Key components of the EKS include ecosystem models that help identify current ecosystem conditions and management actions necessary for improvement, as well as the National Biodiversity Assessment System, which allows for the comparison of biodiversity benefits across projects. The guide also emphasizes the importance of integrating First Nations knowledge and values into the framework, ensuring that Indigenous perspectives are respected and included. The EKS is intended to evolve alongside the Nature Repair Market, adapting to new knowledge and technological advancements.