Global ESG Monitor’s Post

🌍 Can biodiversity credits drive global restoration efforts? The creation of the International Advisory Panel on Biodiversity Credits (IAPB) is a major milestone, expanding perspectives and mobilizing a broad coalition of countries beyond the initial Franco-British framework. The recent #COP16 in Cali demonstrated the growing global interest in this collective effort. The framework established by the IAPB brings crucial international recognition. It defines what a high-quality biodiversity credit should look like. It builds on efforts and contributions from many stakeholders including World Economic Forum and Biodiversity Credit Alliance. It is however only a first step. We now need to address the challenge of market structuring. The demand side is key: the involvement of large companies is essential. I am also convinced that, by often treating carbon and biodiversity credits separately, we are missing an opportunity to promote a « nature credit » model that combines both, as companies are only beginning to grapple with the complexities of carbon credits. The example of the Green Bonds Principles, which have successfully structured a market, offers a compelling model for the next phase of the IAPB's work. #BiodiversityCredits #GreenTransition #SustainableFinance #GreenInnovation #ClimateGoals Sylvie Goulard Dame Amelia Fawcett DBE, CVO David Vaillant Read the #IAPB framework 👉🏼 https://lnkd.in/e_Wky7xf

🌿 What’s Really Going on with Corporate Biodiversity Commitments? 🌿 Ever wondered if corporate pledges on biodiversity are truly ‘nature-positive’? Check out these insights from the review, “Are corporate biodiversity commitments consistent with delivering ‘nature-positive’ outcomes?”: 🔍 Mixed Definitions: There’s no one-size-fits-all for ‘nature-positive’ — different companies mean different things. 📉 Progress Issues: Many companies set high goals, but actual progress often falls short. 🚧 Big Challenges: Measuring real biodiversity impact and keeping reporting transparent are major hurdles. These findings show it’s crucial for companies to get on the same page with clear definitions and solid reporting if we want to see real benefits for nature. #Biodiversity #NaturePositive #Sustainability #CorporateCommitments

Currently, COP16 is in full swing in Cali, Colombia, where world leaders are gathering to shape the Global Biodiversity Framework. This framework, aimed at reversing biodiversity loss, requires substantial financial resources. One proposed solution is the introduction of biodiversity credits, a market instrument presented as a financing tool. However, this approach raises questions about its effectiveness and potential pitfalls. I recently wrote an article to critically examine the implications of such credits https://lnkd.in/eGhc5s2c

🌏#COP16 is a milestone to bring together stakeholders to convene discussion around the biodiversity credit market. Biodiversity credits are a vital tool to complement broader ecosystem restoration efforts and private sector transformation. At COP16, BCA calls for collective action to strengthen this market and accelerate progress towards the Kunming-Montreal Global Biodiversity Framework. 🌱During COP16, BCA, in collaboration with International Advisory Panel on Biodiversity Credits and World Economic Forum, will be presenting a set of High-level Principles that aim to guide the market and build a common understanding of good practice. BCA will also be hosting and co-hosting the following events 👇 𝐌𝐨𝐧𝐝𝐚𝐲, 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟐𝟏𝐬𝐭 📌Building the Future: Digitally Native Frameworks for Scaling Biodiversity Credits 🕒15:00 – 16:00, Finance and Biodiversity Pavilion 𝐖𝐞𝐝𝐧𝐞𝐬𝐝𝐚𝐲, 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟐𝟑𝐫𝐝 📌High-level Principles for Integrity and Governance of the Biodiversity Credit Market. 🕗11:40 – 13:00, Academia & Research Room, Plaza One 🔗Online link: https://lnkd.in/eeT3uPg6 𝐓𝐡𝐮𝐫𝐬𝐝𝐚𝐲, 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟐𝟒𝐭𝐡 📌Unlocking demand for biodiversity credits by ensuring high integrity 🕗24/10, 10:15 – 11:15 | Finance and Biodiversity Pavilion 📌Communities Advisory Panel (CAP) - Risks and Opportunities of the Biodiversity Credit Market 🕗24/10, 13:20 – 14:40, Sumapaz - JUSCANZ meeting room, Plaza One 🔗Online link: https://lnkd.in/eWQGeReD 𝐅𝐫𝐢𝐝𝐚𝐲, 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟐𝟓𝐭𝐡 📌Building trust in biodiversity credits: Metrics, Measurement and Comparability 🕗25/10, 13:30 – 14:30, CAF Pavilion 🌿Check out our agenda on the slides below for more information about the events, as well as other panels and talks that BCA will be participating there. 💡Don’t forget to join our Telegram Channel for updates about all things related to biodiversity credits at COP16: https://lnkd.in/gJYPWaeS

Ninety One has launched a Sovereign Biodiversity index, providing a quantitative way for investors to assess nature and biodiversity risks at a national level https://lnkd.in/ebyNbdTm #biodiversity #sustainableinvestments #index

Exciting times for the biodiversity credit market! Businesses, conservationists, and investors are exploring this new frontier in nature protection funding. With ongoing developments and global interest, this market could revolutionize conservation efforts. Read more: https://lnkd.in/gpt4tuHV #Biodiversity #Conservation #Sustainability #GreenFinance #NatureProtection #BiodiversityCredits #EnvironmentalImpact #SustainableInvestment #COP15 #FutureOfFinance

Navigating Nature: Japanese Companies’ Biodiversity Impact and Dependencies Key Takeaways 🍃 Japan aims, through its National Biodiversity Strategy 2023-2030, to become nature positive, and specifically to address the need for an integrated approach to both biodiversity loss and climate change. Integrating biodiversity and natural capital perspectives into business activities is seen as crucial to this strategy’s success. 🍃 While many Japanese businesses have pledged to become nature positive, concrete actions are still to follow. A recent survey by Keidanren, the Japan Business Federation, on member companies’ biodiversity efforts found that rarely is the link between climate change and biodiversity conservation established. 🍃 The ISS ESG Biodiversity Impact Assessment Tool (BIAT) offers data on companies’ impacts on biodiversity and their dependencies on ecosystems services. BIAT can support investors as they assess biodiversity considerations in Japan and elsewhere. Read the full report at: https://lnkd.in/gwJ2Z3jD #Sustainability #Biodiversity #Japan

🌱 Today marks a significant milestone in sustainable investing as S&P Dow Jones Indices unveils 2 new biodiversity indices: •              S&P 500 Biodiversity Index •              S&P Global LargeMidCap Biodiversity Index Created with insights from S&P Global Sustainable1’s Nature & Biodiversity Risk dataset, announced in 2023, these indices represent an important step towards integrating biodiversity into our financial decisions. 🧭 A roadmap for investors The launch of these indices is an opportunity for investors and companies alike to align with a sustainable future, prioritising nature and biodiversity in their strategies. The S&P 500 Biodiversity Index and S&P Global LargeMidCap Biodiversity Index offer a clear valuation of companies making significant impacts towards nature conservation, serving as a roadmap for integrating biodiversity considerations into corporate strategies. 🌎 Why this matters? The launch of these #biodiversity indices signals a shift in how we evaluate company performance, not just by financial metrics but by their impact on our planet's health. With $1.1 billion already invested in biodiversity as of September 2023, the journey towards the necessary $1 trillion per annum investment in biodiversity is gaining momentum. 🔍 Learn more about the announcement here: https://lnkd.in/g_u98GNS #Sustainability #Investment #NatureConservation

Global efforts to safeguard biodiversity under review as COP16 begins tomorrow in Colombia How can we ensure that initiatives to reduce consumption impacts on biodiversity are equitable? ⚖️ At #COP16, the focus on tackling global consumption impacts through Target 16 of the Kunming-Montreal Global Biodiversity Framework highlights the importance of fairness in addressing biodiversity loss. Countries with lower biodiversity declines, such as those in Europe, often drive significant environmental impacts abroad through their consumption of imported goods. As Jonathan Green from SEI York notes, "Governments must comprehend and measure the overseas impacts of consumption to formulate informed policies and support more sustainable production." With the UN Biodiversity COP fast approaching, only 10% of countries have submitted their National Biodiversity Strategies and Action Plans (NBSAPs), and just one-third have updated their national targets. Together with JNCC, we developed the GEIC Indicator—a powerful tool that helps governments track cross-border environmental impacts. It provides essential data that can be integrated into NBSAPs, informing equitable and effective policies to reduce global biodiversity loss. Find out more ➡️ https://lnkd.in/dytXYFNc #Target16 #KMGBF #PeaceWithNature