Biodiversity impact and dependency assessments in the finance sector: The time to act is now
Biodiversity impact and dependency assessments in the finance sector: The time to act is now
Hosted by the Finance for Biodiversity Foundation
Date and time – Saturday 26h October, 14:00 – 15:00
Venue – Finance and Biodiversity Pavilion, Blue Zone – Cali, Colombia
Topics – Disclosures, measurement & data / Leadership & Good Practices
Format of event – Presentation / Panel
GBF targets – Goal D, target 14, target 15, target 21
Summary
This session will present the launch of two cutting-edge biodiversity measurement guides tailored for financial institutions and companies, featuring the latest tools and methodologies for assessing biodiversity impacts and dependencies. Following the launch, a panel of leading organisations and financial institutions will engage in a discussion on critical topics within the measurement field. These will include practical recommendations for financial institutions on assessing impacts and dependencies, the role of measurement in guiding decision-making, and a vision for the evolution of measurement by 2030, among other relevant subjects.
Description
Financial institutions are increasingly aware of the nature-related risks and opportunities associated with biodiversity loss and its potential impact on their investments. Increasing demands from regulatory frameworks and reporting initiatives are driving the need for improved measurement approaches.
In response to these growing demands, this session will feature the presentation of two newly developed biodiversity measurement guides, developed under the umbrella of the EU Business and Biodiversity (B&B) Platform:
- Guide on biodiversity measurement approaches – 4th Edition (FfB Foundation and EU B&B Platform)
- Assessment of Biodiversity Measurement Approaches for Businesses and Financial Institutions – Update Report 5 (EU B&B Platform)
These guides showcase the latest tools and methodologies for assessing biodiversity impacts and dependencies, supported by case studies and practical applications.
The second part of the session will consist of a panel discussion with stakeholders and investors to delve into the current challenges and solutions in the biodiversity measurement space. The panelists will address different key topics, including:
- How financial institutions should measure the impacts and dependencies of their investments and activities on biodiversity.
- The extent to which measurement assessments conducted by financial institutions influence decision-making within organisations.
- How the evolution of measurement methodologies is expected to progress by 2030.
Programme & Speakers
Moderator
Nathalie Borgeaud, Senior Sovereign Advisor, Finance for Biodiversity Foundation
Presentation
Julen Gonzalez, Technical Director, Finance for Biodiversity Foundation
Johan Lammerant, EU B&B Platform – Lead Workstream Methods
Panel
Emily McKenzie, Technical Director, TNFD
Wijnand Broer, Program Manager, PBAF
Kiran Sehra, Nature Specialist, Aviva Investors
Marie-Claire Franzen-Aerts, Nature Lead, Rabobank
Q&A
session with the audience
OBJECTIVES
- Launch of two biodiversity measurement guides for financial institutions and companies, featuring the latest tools and methodologies for assessing biodiversity impacts and dependencies.
- A workshop among key stakeholders and financial institutions to build consensus on current market needs in biodiversity measurement, the role of assessment results in decision-making, and the future vision for measurement by 2030.
AUDIENCE
This event is open to all the participants of the CBD COP16 with an interest in the finance sector and nature and biodiversity measurement approaches.