Alvaro Vivanco, Head of EM and ESG Macro Strategy at NatWest Markets, explains why a sustainability-linked bond tied to level of Amazon’s deforestation (with adjusted coupon to annually upwards or downwards of deforestation) would provide the right incentives for Brazil and investors alike to tackle this major priority in theContinue…
With the UN Convention on Biodiversity (COP15) started in Montreal on 7 December – where countries negotiate a new biodiversity action plan – the timing could not be more critical for GRI to propose a global reporting standard on biodiversity corporates’ impacts. GRI COP15 biodiversity impacts At the UN ConventionContinue…
Billions of people, in developed and developing nations, benefit daily from the use of wild species for food, energy, materials, medicine, recreation, inspiration and many other vital contributions to human well-being. The accelerating global biodiversity crisis, with a million species of plants and animals facing extinction, threatens these contributions to people,Continue…
The Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES) announced a financial contribution to its work on biodiversity science and policy by the BNP Paribas Foundation. BNP IPBES IPBES is an independent intergovernmental body comprising 139 member Governments and many non-governmental observer organisations established by Governments in 2012. The groupContinue…
The NGFS recently published a “Statement on Nature-related financial risks”, which acknowledges that nature-related risks, including those associated with biodiversity loss, could have significant macroeconomic implications, and that failure to account for, mitigate, and adapt to these implications is a source of risks relevant for financial stability. NGFS’ Statement on Nature-RelatedContinue…
EAB Group Plc, Future Food Fund, La Française, Planet A and Société Générale Assurances are the 5 new signatories of the Finance for Biodiversity Pledge. The celebration of the new signatories was held during the side-event ‘Aligning financial flows to generate more resources for nature’ organised during the pre-COP15 meeting of the ConventionContinue…
The development of a new global standard to enable organizations to increase their accountability on biodiversity impacts is progressing, paving the way for a harmonized approach to disclosure. As part of the revision of the GRI Biodiversity Standard (GRI 304), CDP have confirmed they will participate in the process and – onceContinue…
The Biodiversity Application Guidance is part of a series of the Climate Disclosure Standards Board (CDSB) Framework application guidance, which aims to extend the TCFD recommendations and its core elements to nature A Biodiversity Application Guidance to fill the gap It is increasingly recognised that biodiversity plays a vital underpinning roleContinue…
AXA IM, Natixis IM, Sienna Investment Managers and Solactive partner to accelerate the development of Iceberg Data Lab, European provider of environmental data solutions. AXA Investment Managers, Natixis and its affiliate Mirova, Sienna Investment Managers and Solactive announced they have entered into an agreement with Iceberg Data, an European environmentalContinue…
The Principality of Monaco participated in the Ministerial Conference on Marine Litter and Plastic Pollution, which took place in Geneva on September 1 and 2, 2021. Germany, Ecuador, Ghana and Vietnam have joined forces to organize, with the support of the United Nations Environment Programme (UNEP), a Ministerial Conference onContinue…
