Pollination

Announced today: Climate Asset Management has been awarded grant funding by the Green Climate Fund, to design a blended finance and technical assistance facility to scale regenerative practices in Sub-Saharan Africa. The facility will seek to mobilise private capital to accelerate the transition to regenerative and resilient agricultural systems, and if successful, could prove to be a blueprint for landscape-scale regeneration around the world. Pollination is proud to be supporting as a Strategic Delivery Partner, drawing on its expertise in unlocking finance for transition to regenerative food and fibre systems, its experience in forging public-private partnerships and working with Governments to shape policy, and its leadership in partnering with indigenous peoples and local communities. Learn more: https://lnkd.in/eydhhYXr #COP29 #FoodDay #regenerativeagriculture #climatefinance

Two of the most significant outcomes from COP29 included completing the Article 6 rulebook and establishing the new collective quantitative goal (NCQG) for finance. The newly established rules pertaining specifically to Articles 6.2 and 6.4, governing decentralized trading of credits and a centralized mechanism allowing for issuance and trade of credits, respectively, help pave the way for increased international carbon trading approaches.   The NCQG, which is the finance amount that developed countries will mobilise toward emerging markets for climate action by 2035, tripled from the prior commitment to US$300B. The increase is a step in the right direction but falls more than 4X short of the estimated US$1.3T required by developing economies.   Together, these decisions create a clear opportunity for the private sector, including corporates and philanthropies, and development institutions to step up and help close the gap – through carbon market transactions and other finance vehicles. Read more about our key takeaways from COP29: https://lnkd.in/eYE4a95i #COP29 #Article6 #CarbonMarkets #ClimateFinance  

Pollination's Head of Impact Zoe Whitton has been appointed to the Board of the newly-established Net Zero Economy Authority, which has been created to ensure that workers, communities and industries that have powered Australia for generations can seize the opportunities of Australia’s net zero economy. Zoe's appointment is recognition for her leading expertise in net zero policy and investment. She joins Chair Iaian Ross, as well as other newly-appointed Board members Anna Skarbek, Michele O'Neil, Professor Robynne Quiggin, Tony Maher, and Mike Mrdak. "Under the guidance of the Board, the Net Zero Economy Authority will ensure the shift to net zero emissions by 2050 happens fairly for all Australians, including in our regions at the frontline of the transition," said Minister for Climate Change and Energy Chris Bowen. "I'm pleased to be appointed to the Board of such an important organisation in Australia's transition," Zoe said. "Coordinating transitions efforts among Australian industry and investments is critical for ensuring transition is a smooth and effective process for everyone in the community. It's a big and important challenge."

What does recent agreement around #Article6 of the Paris Agreement mean for carbon markets and public policy around them moving forward? Pollination CEO Martijn Wilder AM and Executive Director Lauren Drake shared their expertise on this topic at an Asian Development Bank (ADB) workshop on policy architecture for high integrity carbon markets. This Singapore event explored how leaders can shape national strategies and policy, legal and regulatory frameworks under the agreement, as voluntary carbon schemes continue to develop and national level compliance schemes rapidly emerge. Across Asia, eight national carbon pricing initiatives have been implemented or are set to be. Japan and Singapore both employ carbon taxes, while Australia, the People’s Republic of China, Indonesia, Kazakhstan, the Republic of Korea, and New Zealand have all implemented national emissions trading systems. Read a recent ADB blog about carbon pricing trends across Asia at https://lnkd.in/g6Wh5Btk Christina U. Pak Daniele Quaggiotto Jackie B. Surtani Sonja Gibbs, CFA Magsad Huseynov Sonam Tashi Apisai Rinamalo Aziz Khamidov Kamia Handayani Ranjila Singh Fredrick Tamarua daovinh sou Belinda Ellington Ignacio Tirado

Pollination, in collaboration with Chapter Zero and Korn Ferry have produced Nature for Boards, a practical guide tailored for Non-Executive Directors (NEDs) and board members. This report is designed to arm leaders with actionable strategies to embrace the nature-positive economy and align governance with sustainability imperatives.   The stakes have never been higher. Biodiversity loss and ecosystem collapse rank as the third most severe global risk for the next decade, according to the World Economic Forum. Forward-thinking organisations are stepping up: over 500 entities, collectively managing assets worth $17.7 trillion, have committed to disclosing nature-related risks through the Taskforce on Nature-related Financial Disclosures (TNFD). Nature isn’t just a climate ally; it’s a business imperative in its own right.   James Cameron, NED of Octopus Renewables Infrastructure Trust, sums it up: “Boards must recognize the impact of their decisions on nature and the dependencies on natural systems. With TNFD, CSRD, ISSB standards, and new interpretations of corporate law, the expectations on businesses are shifting rapidly.”   This report explains how integrating nature into corporate strategies can unlock resilience, future-proof supply chains, and generate long-term value. While addressing nature risks may seem daunting, the most proactive companies are already turning it into a competitive edge. Download the report: https://lnkd.in/e-ciEwkx #corporategovernance #regulation #nature  

Company leaders are recognising the urgent need to act when it comes to nature risks and opportunities across their value chain but many tell us they don't have access to enough data or the right data to get started. Nature. Data. Action is a practical guide, drawing on Pollination's expertise and experience, that sets out how to get started and how to think strategically about your nature response. Download the guide now at https://lnkd.in/g6ddtMcx #naturepositive #naturedata

At Pollination, we work to deliver a net zero, nature positive and more resilient future, and the resilience of our own people is a big part of meeting those challenges. That's why each Pollination employee is allocated a day of climate crisis/eco resilience leave each year. A group of Pollinators recently spent their day as 'Storm Squad' volunteers for the Sydney Institute of Marine Science’s Project Restore. We got our hands dirty and feet wet collecting washed ashore endangered seagrass (Posidonia australis) for SIMS to replant at restoration sites within Sydney Harbour. These days help better connect us to each other and to Pollination's sense of mission and purpose, as well as helping an important project advance their work in restoring nature. Find out more about Project Restore and how you can get involved with this citizen science project at: https://lnkd.in/gDViNziY #netzero #naturepositive #climateresilience

Earlier this week, John Morton spoke about nature investment in North America at the Responsible Investor conference in NYC. “Companies are quickly waking up to the urgent risks that nature loss – such as deforestation, habitat destruction, soil erosion, and increasing water scarcity – is beginning to have on their operations. These risks are increasing rapidly, so forward-looking companies are adopting nature-positive strategies to protect their supply chains in ways that preserve and protect nature.” These risks can amount to hundreds of millions in losses for business operations. The good news? While assessing the potential consequences of nature loss, companies can also uncover business opportunities of investing in nature, such as carbon markets and biodiversity credits. He took part in the plenary panel alongside Amy Orr of Boston Common AM, Megan Reilly Cayten of Climate Asset Management, Felipe Carazo of World Economic Forum and Moderator Gina Gambetta of Responsible Investor (pictured from left to right).

Companies are increasingly well-versed in climate risks and opportunities, but the critical role of nature often gets sidelined—despite its dual significance in driving climate action and being a commercial risk and opportunity in its own right. 'Nature for Boards: A primer' is a new report by Pollination, in collaboration with Chapter Zero and Korn Ferry, that sheds light on why nature must be a priority in boardroom discussions. Beyond enabling net zero goals through carbon sequestration and emissions reduction, integrating nature into corporate strategies presents significant opportunities for long-term resilience and value creation. Recognising that non-executive directors play a critical role in integrating nature-related risks and opportunities into corporate governance, this primer provides an understanding of future-facing leadership and offers practical guidance for boards considering how to exercise their role effectively when it comes to nature. This builds on two legal opinions for Australia and England & Wales, commissioned by Pollination and the Commonwealth Climate and Law Initiative (CCLI) Initiative clarifying the scope of company law directors’ duties with regard to nature risk. Read the report: https://lnkd.in/e-ciEwkx If you are at the start of your journey and would like to understand the implications for your business, or to uplift your existing strategy to meet evolving stakeholder expectations, then please get in touch. #nature #corporatestrategy #governance

In 2020, just 10% of ASX200 companies linked executive remuneration to climate performance; now that figure has jumped to 54%. But are such linkages effectively driving decarbonisation? Pollination's Zoe Whitton and Rebecca Mikula-Wright from Investor Group on Climate Change (IGCC) write in today's The Australian Financial Review that the absence of clear transition planning is limiting the effectiveness of many such efforts. What can companies and leaders do to make such linkages more effective? Pollination and IGCC's report sets out principles that can drive success and then benchmarks leading Australian companies against those principles. Read the opinion piece at https://lnkd.in/gPpjzrhk Check out the full report at https://lnkd.in/gKtTc8kE #netzerotransition #sustainablebusiness #executiveremuneration Georgia Monaghan Mitchell Shannon Fergus Pitt Max Hamra Erwin Jackson Richard Proudlove Bethany Noble