Following an eventful three years of watching carbon markets in Europe and internationally, a new not-for-profit association has emerged. The establishment of Nature Code – Centre of Environment & Development is the result of an initiative by former advisory board members of Carbon Market Watch (formerly CDM Watch), to advocate for policy solutions which promote genuine sustainable development, environmental integrity and good governance. The aim of this new association is to provide decision makers around the world with fact-based advocacy and to involve local communities in decision making processes.