BASIN NATURAL CAPITAL

ecosystems are

critical infrastructure.

BASIN makes nature investable.

BASIN finances, protects, and stewards real natural assets.

forests, watersheds, soils, habitats. the infrastructure that underpins economies, communities, and supply chains. structurally undervalued. structurally underprotected.

we originate and operate natural asset ensurance: capital aligned with long-term ecological function, not short-term extraction.

asset level. measurable outcomes. durable protection.

STOCKS

natural assets

conservation-grade properties. secured. path to permanent protection.

FLOWS

ecosystem services

clean water, climate stability, soil health, habitat, risk reduction.

certificates and coins fund protection directly and indirectly.

real-asset investors provide upfront capital. ensurance premiums repay capital. assets transfer into perpetual stewardship.

natural cap rate

ecosystem service value (ESV) divided by market price (REV). reveals undervalued nature. aligns financial and ecological performance.

ESV

ecosystem service value

REV

real estate value

NCR

ESV ÷ REV

high NCR = cost-effective to conserve. low NCR = better suited for human use, or ideal for restoration if condition is poor.

nature is not a cost center.
it is the original balance sheet.

ensurance at the asset level reduces systemic risk: flood, fire, heat, water, supply chain. increases resilience. creates durable value.

no offsets. no temporary claims. permanent protection.

BASIN Field Manual

Field Manual

The BASIN Field Manual

BASIN makes nature and the benefits it provides to all beings investable. The BASIN Field Manual is the central reference to all that is BASIN. It is our expression of the intertwined, entangled relational value of the natural systems we inhabit. Herein lies what we hope will be a compass, or at least a map, for the path ahead.

Rules?

If BASIN had rules they would be:

Embrace Complexity

Complex is not the same as complicated. Biodiversity, climate, carbon, water, nature, and beyond — economics, finance, politics, law, art, health, wealth, and well-being — are all interconnected.

Stocks & Flows

Ecological economics and ecosystem accounting are based on the principles of stocks and flows. This aptly mirrors nature's basins that store and circulate life-sustaining water. BASIN's model is crafted on this very essence — protecting and stewarding the stocks and flows of Nature's Intrinsic Value.

Stacking v. Bundling

Stacking splits a place into parts (food, fiber, water, carbon, biodiversity, etc); bundling values the whole. We favor bundling — one instrument, no overlap, holistic valuation. We issue on value, price on cost and let the market close the gap to fund natural asset ensurance.

"When we try to pick out anything by itself, we find it hitched to everything else in the universe."

— John Muir, My First Summer in the Sierra, 1911

who

universal asset owners insurers & reinsurers capital providers municipalities corporates land stewards tribes foundations

how

BASIN

originator and operator. asset selection, valuation, underwriting. offchain and onchain.

ensurance.app

protocol and coordination layer. markets, instruments, agents, proceeds.

agents / groups

execution, syndication, place-based participation. enabled by BASIN standards.

onchain where it adds efficiency, transparency, liquidity. coordination layer, not ideology.

team & community

a multidisciplinary collaboration spanning ecology, economics, design, law, real estate, finance, and art.

what began as a core team is now an open network of stewards and investors — scientists, architects, ecologists, artists, entrepreneurs — working across sectors to ensure nature's value and resilience.

FOUNDER

thomas (tmo) morgan

20+ years, $1.5B+ commercial real estate. 40+ states. knows how capital actually moves. uses that playbook to scale climate and conservation finance with real assets.

thomas (tmo) morgan