Respira International’s Post

On #WorldEnvironmentDay, UNEP FI emphasizes the critical role that the finance sector plays in land restoration, desertification prevention, and drought resilience. With the increasing urgency to protect our natural resources, financial institutions are stepping up to integrate nature-positive investments and embrace safeguards to mitigate environmental risks. The Taskforce on Nature-related Financial Disclosures (TNFD) framework, which was co-founded by UNEP FI, is pivotal in guiding these efforts, helping institutions assess and manage nature-related risks and opportunities.  By integrating biodiversity-related risks and opportunities into their investment and lending decisions, they not only contribute to the protection of our planet but also ensure long-term economic stability.     Discover how the financial sector can significantly contribute to land restoration: https://bit.ly/4bH0iEu

Financing for nature-based climate solutions is moving in the right direction, but progress is still far too slow: "For companies, the biodiversity crisis is a ticking time bomb. Nearly all businesses ultimately rely on either natural resources or natural services, like the pollination of plants by animals, for their continued operation." #WorldEnvironmentDay is a day of action. The finance sector plays a unique role in opening up opportunities to restore degraded land, revive ecosystems, and create a more sustainable future. Let's pick up the pace.

Investing in our future - in a cleaner, more sustainable way - is completely possible. To say otherwise is to underestimate the abilities of Canadian labour and companies. These powerful storms in the USA, floods in Europe, Ecuador, and fires in Brazil, alongside major fires and floods in Canada should be an indicator that we have reached the tipping point and require strong and thoughtful action now. Our leadership (politically and corporate) ought to be pushed for a better and healthier future. Settling for anything less is simply settling for a future fraught with more chaos, uncertainty, and loss. Voting is the best way to pressure hopeful leaders in ensuring they are leaders taking climate change seriously - it's not something to "believe in" rather it is a factual reality.

Very excited about the fourth edition of the “Nature-based Solutions (NbS) Policy Tracker” now being available. Kudos to James Lloyd and the team for all your hard work on getting this across the line. The report reveals critical gaps in financing NbS and the inclusion of Indigenous Peoples and local communities—who manage 50% of the world’s land but receive less than 1% of climate funding. Key findings include: 🌿 Only one-third (33%) of nature-related policies published since the Paris Agreement have allocated budgets. 🌿Less than two in ten (19%) of policies specifically reference Indigenous Peoples. 🌿Almost four in ten (38%) of policies reference adaptation strategies. The report calls for governments to triple nature finance by 2030 to meet the Rio Convention targets. 🔗 Read the report here: https://lnkd.in/dRpiA_Vx

On this #WorldEnvironmentDay, let’s be collectively reminded that our actions need change. Predominantly change in the form of collaborative investment solutions. The space of innovation for next generation materials whilst simultaneously bringing down CO2 emissions is our future. ‘Good for the environment’ unless backed by a recognised EU eco-label is officially so passé. And since fashion brands were asking to take on more responsibility, the EU has graced us with the Extended Producer Responsibility (EPR) for textiles. Now, by January 1, 2025, brands will be fully responsible for the entire lifecycle of textiles. And just to sprinkle some more fun into the mix, they've added a ban on destroying unsold or returned textiles. Because who doesn't love a good bonfire of unsold clothes, right? Oh, and let's not forget the obligation to separate textile waste from other waste types. Let’s cheers to the joys of environmental regulation and close with the words of Peder Michael Anker Jørgensen, Board of Directors, Global Fashion Agenda  “We have to put our money where we want to go”. 

I am so honored to be part of today’s announcement with Power Forward Communities and our partners at Enterprise Community Partners, Local Initiatives Support Corporation (LISC), United Way, Habitat for Humanity International. It is a truly historic day. I am extraordinarily proud of our Rewiring team for driving so much of this effort and vision behind it. And of our whole coalition for the clarity of purpose and capacity for execution. We took a shot at doing something historic because our North Star of making better, electric machines affordable for everyone demanded it. We did it because the 42 percent of emissions tied to kitchen table decisions required it. We did it because our team across these five incredible organizations made it so. The $2 billion our coalition is being awarded is historic, catalytic capital. The award builds on all of our work to date and takes us to the next phase. We at Power Forward are going to use these dollars to catalyze positive outcomes for millions of families in communities all across this country, not just through direct intervention, but by transforming the market. The stakes are high because of the climate crisis, but even more so because of the disinvestment in our communities that spans geographies and generations. That disinvestment makes it harder for too many to reach their potential — to have a fair shot. The climate crisis feeds off of that disinvestment, and exacerbates it. I deeply believe that our work can catalyze a shift in mindset that investing in communities by investing in the places people live is a shared project with shared value and benefit. We have the opportunity to transform this country, from one front porch to millions more, in a way that will itself be durable for generations. And that is what we are running toward. Let’s go. Join us! https://lnkd.in/gDBpPQJS Shaun Donovan, Michael T. Pugh, Angela F. Williams, JD, M.Div, Jonathan Reckford, Timothy J. Mayopoulos

Congrats to Nature4Climate and Arboretica on publishing the 4th edition of the 𝐍𝐚𝐭𝐮𝐫𝐞-𝐛𝐚𝐬𝐞𝐝 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 (𝐍𝐛𝐒) 𝐏𝐨𝐥𝐢𝐜𝐲 𝐓𝐫𝐚𝐜𝐤𝐞𝐫 👏 ! The report shares insights from assessments of government policies from around the world 🌏 such as critical gaps in financing NbS and the inclusion of Indigenous Peoples and local communities—who manage 50% of the world’s land but receive less than 1% of climate funding. You can also work with the data and review the policies by country or theme on the report's accompanying Data Dashboard 📊. You can see some of the NbS policy data for the US in the image below. Dashboard Link: https://lnkd.in/diXa-SxA Key findings include: - Only 33% of nature-related policies published since the Paris Agreement have allocated budgets. - Only 19% of policies specifically reference Indigenous Peoples. - Almost ~40% of policies reference adaptation strategies. The report calls for governments to 3X #naturefinance by 2030 to meet the Rio Convention targets. Read the report here 👉 https://lnkd.in/e3666YqK

What Is the Nature Bonds Program? The Nature Bonds Program is a holistic approach to leverage debt refinancing for effective, durable conservation and climate action. We work with governments to help them refinance debt and generate new funding to invest in conservation, and in climate mitigation and adaptation measures. Once the transaction closes, we partner with national governments to make direct conservation investments and implement robust conservation plans, which often span 15 to 20 years. For each Nature Bonds project, TNC acts as a long-term partner, providing guidance and support to countries throughout. To make Nature Bonds projects possible, TNC engages with governments, financial institutions, NGO partners and community stakeholders to ensure that the project outcomes are a win for both nature protection and sound fiscal management. "With strong partnerships and collaboration between governments, funders and multilateral development banks, the Nature Bonds Program is helping countries refinance debt and re-invest the savings in nature conservation and climate action", Jennifer Morris, CEO of The Nature Conservancy. https://lnkd.in/gQ4tkjJx

Are you seeking clarity on different financing models for land-based emission reduction and removal initiatives? We have the webinar for you! In collaboration with our partners WBCSD – World Business Council for Sustainable Development, Indigo, Conservation International, ENVIRONMENTAL DEFENCE FUND, IETA, Proforest, The Nature Conservancy and Value Change Initiative we are bringing experts together for an interactive session on financing models for mechanisms that reduce and remove land-based emissions. During the webinar experts and practitioners will discuss: 🌎 How corporates evaluate different mechanisms as part of an overall climate strategy 🌎 Navigating potential trade-offs, risks, unintended consequences, and synergies of the different mechanisms  🌎 Key considerations for corporate claims, accounting, strategy, target-setting, and reporting  🌎 How to determine the most effective investment mechanism for a specific context 📆 30 July ⏰4pm CEST Register here https://lnkd.in/ewtJFJ4A #webinar #finance #landuse #nature #climateaction

View indicators from the Council on Environmental Quality’s Climate and Economic Justice Screening Tool (CEJST), including the overall disadvantaged community status and the disadvantaged status for the eight different categories of burden, in PolicyMap. Their inclusion allows organizations to target investments based on multiple criteria, including the Justice40 criteria, for more impactful clean energy strategies. https://lnkd.in/grDZ2ixU