Western Australia's Natural Capital Platform

A Catalytic Partnership for
WA's Landscapes, People & Economy

Biome is building a repeatable, institutional-grade natural capital platform in Western Australia, partnering with First Nations communities to create high-integrity carbon and biodiversity assets at scale. Backed by Earthly's world-class integrity engine and deep corporate buyer network, Biome sits at the intersection of accelerating demand and structural undersupply.

Partner With Us Explore the Opportunity
Western Australian landscape
The Moment

Three forces are converging. The window to build the trusted platform first is now.

A$600BN+
Project Pipeline

WA's committed and prospective major project pipeline, spanning renewables, transmission, resources, and infrastructure, is stalled by biodiversity approval bottlenecks. Proponents face holding costs of up to A$1M per day waiting for offsets that do not yet exist at scale.

A$5BN+
ACCU Market by 2035

The Australian carbon credit market is projected to grow at ~19.6% CAGR (RepuTex, December 2025). Net demand is diverging from supply, with the gap widening sharply from 2027. High-integrity supply is scarce and premium-priced.

COP31
Australia's Presidency

Australia holds the COP31 Presidency. First Nations stewardship, high-integrity nature repair, and blended finance are defining themes. Biome's launch is deliberately timed to this global moment.

Western Australian landscape, credit Kerry Trapnell
Photo: Kerry Trapnell
The Ecological Reality

One of the world's 36 biodiversity hotspots. Irreplaceable. Under threat.

Western Australia's Southwest is a globally significant biodiversity hotspot. Its degradation is creating the regulatory and economic conditions that make high-integrity restoration both legally required and commercially rewarding.

16%

Rainfall decline in the Southwest since 1970, with projections worsening under all climate scenarios

30%

Of original vegetation remains intact across the Southwest, with habitats fragmented and species isolated

7,000+

Plant species in the Southwest, with roughly half found nowhere else on Earth, making it one of the world's most irreplaceable biodiversity hotspots

Net Gain

New Federal EPA reforms mean project approvals are now legally impossible without high-integrity, locally-sourced biodiversity offsets

Our Solution

The dual-fund model that bridges philanthropy and institutional capital

Our structure is purpose-built to bridge the gap between philanthropy and large-scale commercial investment, unlocking capital for nature that currently has nowhere to go.

Biome ecosystem illustration
Fund 1

WA Nature Impact Fund

A$5M target

Philanthropic and concessional capital. Builds the foundation commercial capital won't fund: First Nations readiness, native seed banks, baseline ecological data, pilot project co-design, and methodology validation. Impact return only. Patient, deliberate, and structurally essential.

Fund 2

WA Nature Markets Fund

A$100M target

Commercial engine generating competitive 10-12% IRR from high-integrity ACCUs, statutory biodiversity offsets, and Nature Repair Market certificates. Market-rate returns built on a de-risked, partner-ready pipeline that Fund 1 has originated.

Fund 1 plants the seeds. Fund 2 harvests the market. Every dollar of philanthropic capital creates the conditions for approximately A$20 of commercial investment. The two funds are sequential stages of a single, integrated platform.

The Platform Vision

By 2035, Biome will manage A$1BN+ in natural capital assets

Fund 2 is not the destination. It is proof of concept for a compounding, multi-fund platform that scales across successive raises, geographies, and natural capital asset classes.

Fund 2 Fund 3 Fund 4+
Target AUM A$100M A$400M A$1BN+
Target launch 2026 ~2028 ~2031
Geographic focus WA hotspots Western Australia National expansion
Primary markets ACCU compliance + WA biodiversity offsets WA ACCU + Nature Repair Market Multi-jurisdiction, outcome-based assets
Why Biome Wins

Three structural advantages that are genuinely hard to replicate

Biome is building in a structural gap that no existing player occupies, and these advantages are effectively locked in before a competitor could arrive.

01

First Nations Governance Depth

Chaired by Glen Kelly, who negotiated Australia's largest native title settlement (A$1.3BN, 200,000km²). Our model embeds First Nations leadership into every investment decision, enabling access to land positions and stewardship agreements unavailable to competitors.

02

Dual-Market Architecture

WA's first fund purpose-built to simultaneously serve the compliance offset market and the voluntary ACCU and Nature Repair Market. By generating multiple revenue streams from the same asset base, we capture pricing premiums that single-market funds leave on the table.

03

The Fund 1 Flywheel

Any competitor entering WA today faces a 2-3 year origination delay. Biome's Fund 1 builds pipeline now using philanthropic capital competitors cannot access. By the time large players arrive, Biome will have partnerships locked in, baselines established, and credits issuing.

The Strategic Partnership

Powered by Earthly's integrity engine

In a market where low-integrity credits are being challenged and excluded, Biome's partnership with Earthly ensures every asset meets the standards that regulators and buyers are converging on globally.

  • Keystone 3.0: 160-indicator assessment framework across Carbon, Biodiversity, and People
  • World-class MRV technology reducing verification cost and time
  • Direct access to 800+ corporate buyers including Deloitte, CaixaBank, and S&P Global
  • Applied to every Biome investment without exception
1,000+
Projects screened globally
800+
Corporate buyers on platform
160
Quality indicators in Keystone 3.0
6 yrs
Operational assessment track record

Earthly's Keystone 3.0 is the technical backbone of every investment decision Biome makes, and the reason Biome's credits will command a premium.

The Invitation

Two ways to partner with Biome

The opportunity in WA's natural capital markets is structural, not speculative. The demand is mandated. The supply gap is measurable. The window is open now.

Philanthropic & Catalytic

Shape the foundations

Catalytic Capital

Patient, non-dilutive capital that builds what commercial investment cannot: First Nations readiness, baseline ecological data, methodology validation, and market infrastructure. Ring-fenced for public-good activities that unlock A$100M+ in commercial capital.

Commercial & Equity

Own the platform

A$2M equity raise

20% equity in the Biome Management Company. Exposure to management fee revenue and platform value as AUM scales from A$100M to A$1BN+. A$10M cornerstone commitment already received for Fund 2.

We are inviting a small group of aligned partners to join us at the founding of what we believe will become Australia's most significant natural capital investment platform.

oliver@earthly.org | www.biome.fund
We acknowledge the Traditional Owners of the lands and waters where this work occurs and the many other First Nations across Western Australia. We recognise enduring connection to Country, culture, and community, and we are committed to enabling First Nations leadership in the design, governance, and delivery of Biome's platform.