BASIN Natural Capital

critical infrastructure.

BASIN makes nature investable.

natural capital

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 and flows

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.

capital alignment

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.

BASIN | natural capital origination and operations