Webinar on 13 April: Tracking top biodiversity impact sectors
The Finance for Biodiversity Foundation together with the EU Business & Biodiversity Platform will organise a webinar on top biodiversity impact sectors identified by using footprinting tools on Thursday 13 April between 2.00-3.00 pm CEST. Four tool providers, led by the FfB Foundation, collaborated to create a biodiversity footprint ranking of companies, industries and sectors. The ranking allows investors to identify the sectors with the highest impact on biodiversity and initiate engagement with these. The main results of the analysis, such as the high impact of the food and beverage sector on biodiversity, are reflected in a briefing paper that will be launched during the webinar.
Webinar on 18 April: Stepping up on biodiversity: How are investors taking action since COP15?
The Finance for Biodiversity Foundation together with UNEP FI, the PRI, and the Finance@Biodiversity Community will organise a webinar on the actions that leading financial institutions are undertaking to contribute to the goals of the Global Biodiversity Framework on Tuesday 18 April between 2-3 pm CEST. In this webinar, we will explore how financial institutions can support the wider direction of travel for the financial sector to meet both climate and nature goals. The discussions will build on the COP15-statement "Moving together on Nature" which was signed by over 150 financial institutions representing over USD 24 trillion of assets under management.
FfB Foundation reaction to the final TNFD beta framework
The Finance for Biodiversity (FfB) Foundation welcomes the release of the final draft of the Taskforce on Nature-related Financial Disclosures (TNFD) v0.4 report. One of the FfB Foundation’s sub-working groups is currently working on feedback for the framework and will give its input for the release during the consultation period, which is running until 1 June 2023, before the publication of the final TNFD report in September 2023. Members of our TNFD sub-working group, Charlotte Apps (Fidelity International) and Liudmila Strakodonskaya (AXA IM), commented on the release of the draft report.
FfB Foundation appoints three working group co-chairs
The Finance for Biodiversity Foundation has named several co-chairs for its working groups. Steve Freedman, Head of Research and Sustainability, Thematic Equities at Pictet Asset Management, was appointed as the co-chair of the Impact Assessment working group. He will serve alongside the incumbent chair Liudmila Strakodonskaya, Responsible Investment Analyst at Axa Investment Managers. The FfB Foundation announced further that Lucian Peppelenbos, Climate and Biodiversity strategist at Robeco, and Charlotte Apps, Sustainable Investing Analyst at Fidelity International, will work as co-chairs of the Target Setting working group, which was launched in July 2022. We wish them success for their work and would like to thank them sincerely for their time and effort to reverse nature loss!
We are delighted to welcome two team members to the FfB Foundation: Elena Johansson will work as Working Group and Communications coordinator and Heleen van Rooij as Office Manager. They will help manage our community of 61 members at a time when the FfB Foundation is entering a new phase of expansion. We wish them the best of luck with their new projects!
Webinars on 5 and 6 April: Introduction to the FfB Pledge and membership
We will celebrate new signatories to the Finance for Biodiversity Pledge on the occasion of the World Biodiversity Day on 22 May. The deadline for interested financial institutions to join for this round #10 is 2 May. To learn more about the commitments of the FfB Pledge and the activities of the working groups of the FfB Foundation, we would like to invite you to participate in our next 'Office Hour' webinars on 5 April at 4-5 pm CEST or 6 April at 10-11 am CEST. The 'Office Hour' webinars are an opportunity for any interested financial institution to learn more about the activities of our members.
30 March, 1.00 pm BST - Building a strong data foundation for Nature-Based solutions - by Nature Metrics
Join the discussion that puts nature measurement at the heart of reporting on carbon and biodiversity markets - Please register here
30 March, 3.00 pm BST - A Corporate Buyers Guide to REDD+ Forestry Sovereign Carbon Credit- by Environmental Finance
The UNFCCC REDD+ framework was designed to compensate developing nations for slowing, stopping, and reversing deforestation at national level. Join this webinar to learn how developing nations can achieve their net zero-carbon targets, protect tropical rainforests, and directly support the global climate agreement.- Please register here
13 April, 2.00 pm CEST - Tracking top biodiversity impact sectors with footprinting tool collaboration- by the Finance for Biodiversity Foundation and the EU Business & Biodiversity Platform
Four tool providers, led by the FfB Foundation, collaborated to create a biodiversity footprint ranking of companies, industries and sectors. The ranking allows investors to identify the sectors with the highest impact on biodiversity and initiate engagement with these. The main results of the analysis, such as the high impact of the food and beverage sector on biodiversity, are reflected in a briefing paper which will be launched during the webinar. - Please register here
18 April, 2.00 pm CEST - Stepping up on biodiversity: How are investors taking action since COP15? - by the PRI, UNEP FI, the Finance for Biodiversity Foundation, and the EU Business & Biodiversity Platform
As biodiversity loss reaches unprecedented rates, the Kunming-Montreal Global Biodiversity Framework provides a framework for bold action and policy alignment with a clear call to align public and private financial flows with its goal to “halt and reverse biodiversity loss by 2030”. This webinar will explore actions that leading investors are undertaking to contribute to this goal and discuss how investors look to support both climate and nature goals. - Please register here
Other news
Building blocks for central banks to develop nature scenarios- This policy paper by the International Network for Sustainable Financial Policy Insights, Research, and Exchange (INSPIRE) aims to improve the understanding of the current generation of models and scenarios on nature–economy interactions considering their applicability for analysing nature-related financial risks. January 2023.
AR6 Synthesis Report: Climate Change 2023- The IPCC finalised the Synthesis Report of the Sixth Assessment Report (AR6) during the panel's 58th session, providing an overview of the state of knowledge on the science of climate change and emphasising new results since the Fifth Assessment Report (AR5) in 2014.
In 2023, countries will review progress towards the Paris Agreement goals, including the goal of keeping global warming to well below 2°C. March 2023.
Innovative Finance for Nature and People- This report from the Global Environment Facility presents the state-of-play, diagnostics, and recommendations for unlocking new financial resources for the conservation, sustainable use, and restoration of biodiversity in a socially inclusive manner, with a focus on two emerging instruments: biodiversity-positive carbon credits and nature certificates. March 2023.
Point of No Returns- ShareAction released its ranking of 75 of the world’s largest asset managers’ approaches to responsible investment. This year, for the first time, the Asset Owners Disclosure Project (AODP) ranking includes the topics of biodiversity and human and labour rights, in addition to climate change. March 2023.
TNFD releases fourth and final beta framework - This release marks the fourth (v0.4) and final draft of the framework with the TNFD on track to publish its final recommendations in September 2023. For the first time, market participants can view a full representation of the framework, including the Taskforce’s proposed approach to disclosure metrics. March 2023.
Unlocking the potential of ocean-related data to develop insightful blue metrics for financial institutions- The Green Digital Finance Alliance, as part of the Making Oceans Count initiative, released a report about how to make oceans count in decision-making, focusing on essential pathways to integrate ocean-related data in financial practices. The initiative includes a proof of concept leveraging the Hub Ocean platform, focussing on the shipping industry. March 2023.
Finance for Biodiversity Foundation, Kennemerstraatweg 464, Heiloo, Noord Holland, Netherlands
