What Blue Green Future does

Blue Green Future is a US-based natural capital finance organization founded in 2019 by Ralph Chami (CEO, ex-IMF), Thomas Cosimano (CFO, Notre Dame emeritus), Connel Fullenkamp (President, Duke), and Dinah Nieburg (COO). Its core product is the Science-Based Finance™ framework — a proprietary methodology that assigns economic value to ecosystem services of living species and biomes, producing headline figures such as ~$2M per whale, $1.75M per forest elephant, and USD 1.13–2.27T of potential seagrass carbon value across ~1 million km² of restored habitat. The framework is operationalized through a portfolio of methodologies (whales-to-ocean-productivity, sea-otters-to-kelp, buffalo-to-grassland) and project vehicles (Bahamas seagrass, Hinemoana Halo, Amazon Flying River, Rewilding Buffalo).

The firm's business model combines professional-services advisory with transaction-fee revenue from nature-based investments. It structures forward contracts on future carbon, nature, and biodiversity credits, enabling institutional investors to fund projects at the seed stage in exchange for discounted future credit yields, with PwC/KPMG/EY providing assurance and Lloyds insuring credits for operational, political, and weather risk. A second revenue stream is government and institutional policy advisory — embedding natural capital into economic policy and national balance sheets — delivered to counterparties including the Government of the Bahamas, ACTO, the Inter-American Development Bank, Indigenous Māori through Conservation International Aotearoa, and the Indigenous-led Buffalo Nations Fund.

BGF serves three primary customer segments: institutional investors and capital markets seeking inflation-proof nature assets, governments and policymakers designing natural capital frameworks, and Indigenous and local communities positioned as project owners and beneficiaries. Distribution is direct and enterprise-led, supported by a coalition of scientific and conservation partners (Whale Seeker, Monaco Scientific Center, LSCE, One Earth, Beneath The Waves, Plastic Ocean Project/+Nature) and amplified through thought-leadership channels including TED2022, COP27/28/30, Davos, and peer-reviewed publications in Nature Climate Change and Frontiers. The firm has no disclosed institutional funding rounds, headcount, or revenue figures.

Name

Blue Green Future

Legal name

Blue Green Future

Website

https://bluegreenfuture.org

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Blue Green Future is a natural capital finance firm that uses its Science-Based Finance™ framework to value ecosystem services, structuring forward contracts on carbon, nature, and biodiversity credits to connect institutional investors, governments, and Indigenous communities with high-integrity nature-based projects globally.

Ownership category

akta.pro rank

Product category

Natural Capital Finance

NAICS

Environmental Consulting Services (541620)

SIC

Finance Services (6199)

akta.pro primary industry

Ecosystem Services & Natural Capital Programs (Water, Biodiversity Credits, PES) (IMAMAJAK)

akta.pro secondary industries

Climate Finance Strategy (CapEx planning, green finance, incentives & grants) (EUABAKAG), Carbon Markets & Climate Finance (Offsets, Allowances, Carbon Funds) (FSAAALAH), Biodiversity, Conservation & Natural Capital Funds (FSANAJAG), Nature & Biodiversity Reporting (TNFD, natural capital) (EUAHAJAM)

Keywords

• Natural capital finance
• Ecosystem services valuation
• Biodiversity credit methodology
• Nature-based investments
• Carbon credit structuring

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Nature-Based Investment Structuring: BGF structures investment vehicles for nature-based projects, connecting investors to high-integrity ecosystem projects. Revenue is generated through structuring fees and ongoing advisory services for nature wealth funds.
2. Carbon and Nature Credit Valuation Services: The company provides valuation services for ecosystem services, carbon sequestration, and biodiversity, enabling the issuance of carbon credits, nature credits, and biodiversity credits that can be sold in markets.
3. Forward Contracts on Nature Assets: Investors purchase forward contracts on future carbon, nature, and biodiversity credits at discounted prices, providing early capital to projects with projected yields.
4. Policy Advisory Services: BGF advises governments on incorporating natural capital into economic policy and balance sheets, providing policy design services for nature-positive economic development.
5. Natural Capital Policy Design: Consulting revenue from advising governments and institutions on natural capital policy frameworks and balance sheet integration.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Blue Green Future applies its proprietary Science-Based Finance™ framework to assign economic value to ecosystem services of living nature and structures financial instruments that channel institutional capital into high-integrity nature-based projects. The company delivers investment structuring for nature wealth funds, carbon and biodiversity credit methodologies, forward contracts on future nature credits, and natural capital policy advisory to governments. Its portfolio of projects spans the Amazon, Caribbean, Pacific, and North America, with Indigenous communities as owners and beneficiaries.

Product overview

Blue Green Future is a natural capital finance organization that operates as a platform-plus-methodology model. The core offering is the Science-Based Finance™ methodology, which values ecosystem services and designs financial instruments for nature-based markets. Ocean Central serves as their primary data-driven platform product that visualizes ocean ecosystem value. Their portfolio consists of nature-based projects (Flying River of the Amazon, Rewilding Buffalo, Bahamas Seagrass, Hinemoana Halo) and methodologies (Sea Otters to Kelp, Whales to Ocean Productivity, Buffalo to Grassland) that provide the valuation frameworks. They also offer Natural Capital Policy Design services to governments. The company bridges ecology with economy by connecting investors to validated nature-based projects through secure digital ledgers and forward contract structures.

Differentiator

Problem solved

Functional benefit

Products and services

• Natural Capital Policy Design Services Advisory services to governments and intergovernmental bodies on how to incorporate natural capital into economic policy and national balance sheets, embedding living nature as infrastructure for economic development.
• Nature-Based Investment Structuring Structuring of investment vehicles for nature-based projects, including nature wealth funds, that connect institutional investors to high-integrity ecosystem projects with PwC/KPMG/EY assurance and Lloyds insurance.
• Forward Contracts on Nature Assets Forward contracts on future carbon, nature, and biodiversity credits at current prices, providing early capital to nature projects in return for projected yields on verified credits.
• Carbon and Nature Credit Valuation Services Valuation services for ecosystem services, carbon sequestration, and biodiversity enabling the issuance of carbon credits, nature credits, and biodiversity credits that can be sold in markets.
• Sea Otters to Kelp Regeneration Methodology A carbon and biodiversity credit methodology quantifying ecosystem services from sea otter recovery and its cascading benefits to kelp, seagrass, and salt marsh ecosystems.
• Whales to Ocean Productivity Regeneration Methodology A biodiversity credit methodology modeling whales' contributions to ocean productivity, nutrient cycling, and carbon storage to drive conservation investment.
• Buffalo to Grassland Regeneration Methodology A carbon and biodiversity credit framework anchored in bison ecosystem services, using Savory Institute's Ecological Outcome Verification protocol for verification.
• Biodiversity Credit Methodology Development Pioneering methodology integrating ecosystem science, economic valuation, and nature-based finance for sustainable investment in marine biodiversity conservation.

Quantifiable outcome

• Seagrass restoration potential: up to 17.8 CO2-eq if restored to 1 million km2, valued at USD 1.13–2.27 trillion
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

20 partnerships are on record, tiered core and minor.

• Whale SeekercoreStrategic or Co-development PartnerWhale Seeker is a coalition partner using AI-powered whale detection tools. Co-founded by Emily Charry Tissier, who serves as BGF advisor on AI for Oceans. The partnership contributes to whale population assessment and protection methodologies.
• Conservation International AotearoacoreStrategic or Co-development PartnerPartnership with Indigenous Māori through the Hinemoana Halo Ocean Initiative. Blue Green Future is working with Conservation International and Māori to realise economic and ecological value of Aotearoa's waters by bringing together science and mātauranga Māori.
• Monaco Scientific CentercoreStrategic or Co-development PartnerScientific partner contributing research expertise to BGF's natural capital valuation work. Nathalie Hilmi serves as Lead IPCC Author and Section Head of Environmental Economics at the center.
• Grid ArendalcoreStrategic or Co-development PartnerPartner in the coalition providing environmental communications and policy support for natural capital initiatives.
• Rebalance EarthcoreStrategic or Co-development PartnerRelated organization co-founded by Ralph Chami. Rebalance Earth is bringing to life the nature-based economic paradigm launched at Davos 2019. BGF and Rebalance Earth work together on global nature-positive projects.
• Plastic Ocean ProjectcoreStrategic or Co-development PartnerPartner organization whose +Nature subsidiary supports BGF. Plastic Ocean Project is dedicated to advancing the nature-positive paradigm and supporting BGF's work.
• Beneath The WavescoreStrategic or Co-development PartnerMarine research organization partnering with BGF on ocean science and conservation methodologies.
• LSCE (Laboratory for Climate and Environmental Sciences)coreTechnology or IntegrationScientific research partner providing climate and environmental science expertise. Fabio Berzaghi serves as researcher at LSCE, contributing science for IPCC reports and global carbon monitoring.
• One EarthcoreStrategic or Co-development PartnerPartner through One Earth's Nature Data Lab, led by Karl Burkart. One Earth brings together global teams of scientists to apply big data, Earth observation, and AI for a sustainable future.
• Geneva Macro LabsminorStrategic or Co-development PartnerPartner organization contributing macroeconomic expertise and policy analysis to natural capital finance initiatives.
• Ocean DoctorcoreStrategic or Co-development PartnerOcean conservation organization founded by Dr. David Guggenheim, who serves as BGF advisor. Focuses on coral reef ecosystems and environmental economics in Cuba.
• UNEPcoreStrategic or Co-development PartnerUnited Nations Environment Programme collaboration on environmental policy and natural capital frameworks at global level.
• MeriminorStrategic or Co-development PartnerPartner organization contributing to the Blue Green Future coalition of environmental and conservation organizations.
• Wave (Ocean Central)coreStrategic or Co-development PartnerBGF supported development of Ocean Central platform by helping translate ocean science into actionable insights. Ralph Chami serves as Wave's Chief Economist. BGF contributed to carbon valuation methodologies for mangroves, seagrasses, and saltmarshes.
• Gaia AmazonascoreStrategic or Co-development PartnerIn-country partner for Flying River of the Amazon project. BGF is conducting valuations of the last flying river and ecosystem services, structuring investment vehicles, and supporting regional policy solutions with Gaia Amazonas.
• Buffalo Nations FundcoreStrategic or Co-development PartnerIndigenous-led fund for buffalo restoration. BGF supports quantification of ecosystem services and carbon yields, structuring sovereign carbon securities, and designing replicable investment frameworks aligned with Indigenous sovereignty.
• Government of the BahamascoreStrategic or Co-development PartnerGovernment partner for Bahamas Seagrass project. BGF works with local partners who map, restore, and protect seagrass ecosystems through cutting-edge science and community engagement.
• Dr. Brent HughescoreStrategic or Co-development PartnerCoastal ecology and conservation expert partnering with BGF on Sea Otters to Kelp Regeneration methodology. Brings decades of peer-reviewed research to quantify ecological and carbon impacts of sea otter recovery.
• PwC/KPMG/EYcoreImplementation/ SI/ Consulting PartnerMajor accounting firms engaged in financial advisory and assurance services for nature-based investment projects, providing credibility and verification for investors.
• +NaturecoreGTM or Marketing Partner+Nature is a 501(c)(3) organization under Plastic Ocean Project dedicated to advancing the nature-positive paradigm. Raises philanthropic seed capital to fund early stages of nature-based projects and supports BGF in developing methodology standards.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Climate Asset Management: Climate Asset Management (a HSBC/IMAX joint venture) is a specialized natural capital investment manager that raises and deploys capital for nature-based solutions. It is a direct peer in natural capital investing and share BGF's mission of building nature as an investable asset class with institutional backing.
• WAVE / Ocean Central: Ocean Central is BGF's own core platform product for visualizing ocean health and ecosystem value, where Ralph Chami serves as Chief Economist. WAVE is more directly competitive in marine natural capital data and analytics, with overlap in seagrass and blue carbon valuation.
• NCX (Natural Capital Exchange): NCX is a marketplace and analytics platform that quantifies and trades natural capital credits (especially forest carbon). It is a direct peer in developing the market infrastructure for nature-based credits and shares BGF's focus on rigorous, science-based credit methodologies.
• Rebalance Earth: Rebalance Earth is co-founded by Ralph Chami himself and explicitly brings to life the nature-based economic paradigm that BGF develops. Both organizations originate and structure nature-positive projects using the same Science-Based Finance methodology, making them the closest direct peer.

Emerging players

• Terraformation: Terraformation is a nature-based solutions company that restores native forests and sells carbon credits, with focus on high-integrity project development. It is comparable to BGF's portfolio project approach (e.g., Bahamas Seagrass, Rewilding Buffalo) and shares the focus on biodiversity co-benefits.
• Patch: Patch is a carbon credit marketplace and API that helps businesses purchase high-quality carbon offsets. It is an emerging player in the nature credit distribution layer, comparable to BGF's forward-contract distribution model for delivering nature credits to buyers.

Others

• Ocean Conservancy: Ocean Conservancy is a major ocean-focused nonprofit that engages in policy advocacy and partnerships for ocean protection. It is thematically related to BGF's marine projects (Bahamas Seagrass, Hinemoana Halo, Whales to Ocean Productivity) and overlaps on marine conservation thought leadership.
• Verra: Verra operates the VCS Program, the dominant standard for voluntary carbon credits. It is adjacent/ecosystem to BGF because BGF's nature and biodiversity credit methodologies may eventually need to be registered or validated under Verra-class standards for institutional acceptance.
• Sylvera: Sylvera provides independent ratings and analytics for carbon credits, addressing the same credibility and quality-assurance problem BGF addresses via PwC/KPMG/EY and Lloyds partnerships. It is an enabling/competitor in the carbon credit rating and MRV space.

Broad incumbents

• South Pole: South Pole is one of the world's largest carbon project developers and climate solutions providers, structuring nature-based offset projects and selling credits to corporates. It overlaps with BGF on carbon credit origination and project advisory but operates at much larger scale and broader scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@BlueGreenFuture
• LinkedInlinkedin.com/company/blue-green-future

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blue Green Future