FPO Article 19 / 49 / 50This material is communicated only to persons reasonably believed to be Investment Professionals (FPO 2005, Article 19), High Net Worth Companies (Article 49), or Certified Sophisticated Investors (Article 50), and to sovereign agencies, treasury teams, sovereign wealth funds and DFIs acting institutionally. It is not directed at retail clients and is not a financial promotion under FSMA s.21 to such persons.
NATDAQ · Natural Capital Exchange · A division of EPC Holdings Ltd · Sovereign issued · Validated · Authorised
NNATDAQ
04 · Development Pipeline

The NATDAQ register.

NATDAQ is in pre-launch. Sovereign programmes are admitted only after AiGLe assessment, host-country authorisation, and tranche-level scoring. The flagship development programme is shown below; additional sovereign programmes under assessment are disclosed to verified institutional counterparties through the Issuer Portal under NDA.

Flagship Development Programme

Amazon Basin Sovereign Programme

Multi-nation · Sovereign Conservation, Forestry & Carbon ABS

Pipeline · In Development
9
Sovereign nations
530m ha
Conservation area
159m ha
Forestry estate
$3.18 tn
Total natural capital

Scale of the programme

The Amazon Basin Sovereign Programme is NATDAQ’s flagship multi-nation development pilot. It aggregates national conservation, forestry, and carbon programmes across nine Amazon sovereign states into a unified sovereign-issuance framework. Each nation retains full title and operational control; the SPV pools the cashflow rights into AiGLe-scored senior tranches for institutional deployment.

Illustrative capital stack (subject to per-nation assessment, sovereign host-country authorisation, and tranche-level scoring):

  • Conservation ABS — 530m ha at $2,000/ha par = $1,060bn issuance potential.
  • Forestry ABS— 159m ha across Teak and Rosewood species models = $2,120bn issuance potential.
  • Carbon ABS— Article 6 ITMO aggregation across the nine sovereign registries.

Full country-by-country breakdown, species economics, tranche architecture, and institutional balance-sheet analysis are in the Amazon Basin Financial Model — accessible through the Research Archive under NDA.

Open the Amazon Basin Financial Model →
Pipeline discipline

Additional sovereign programmes under assessment are not publicly listed until AiGLe-scored and admitted to the NATDAQ register. Institutional counterparties can request pipeline disclosure through the Issuer Portal under NDA.