Verra’s Post

Nature underpins our economies, our health and our wellbeing. But it is in crisis. 🐾 🐋 🦋 🍃 As we celebrate #BiodiversityDay 🌿 today, we highlight how UNEP-WCMC plays a pivotal role in supporting countries in the implementation of the Biodiversity Plan across all 23 targets. Some instances of our work to implement the 2️⃣ 3️⃣ targets and to support the implementation process include: Target 1️⃣ Coordinating the SPACES initiative which mobilises spatial intelligences resources to help decision-makers to integrate nature, climate and sustainable development objectives. ( 🔗 to SPACES: https://lnkd.in/dJuvW437) Target 3️⃣ Developing and maintaining the Protected Planet Initiative - a global source of knowledge and data on the status and trends of protected and conserved areas. ( 🔗 to Protected Planet: https://lnkd.in/eXguXA8) Target 1️⃣ 5️⃣ The ENCORE tool, managed by UNEP-WCMC, in collaboration with United Nations Environment Programme Finance Initiative (UNEP FI) and Global Canopy, enables businesses to identify their impacts and dependencies on nature so they can better manage and report on them. ( 🔗 to ENCORE: https://lnkd.in/gXFB8tcv) More info about our work and how we support #ThePlan can be found here: https://lnkd.in/dc58WPqi #ForNatue #biodiversity 🌎 UN Biodiversity

WeeFin has created a series of educational guides on biodiversity💡🌿 👉 The COP 15 or Biodiversity in Montreal underscores the importance of action by financial institutions for ecosystem preservation. However, the subject is highly complex, and according to analysis conducted by WeeFin, only 2 out of the 11 managers have set biodiversity-related objectives. We aimed to make this subject more accessible by producing a series of educational guides covering various aspects of developing a biodiversity strategy. After going through this series of guides, we hope you will have a better understanding of how to build a biodiversity strategy from A to Z. 😉 The first guide highlights the connection between biodiversity and finance. 📥 It's available for download now: https://bit.ly/3w53jPH #biodiversity #sustainablefinance #ESG

The momentum around nature has increased rapidly in the last year with the signing of the Global Biodiversity Framework in 2022, COP 16 taking place later this year, and multiple global organizations contributing thought leadership, research and guidance on nature. Join the GFANZ Nature in NZTP Workstream on July 15th at 10:00 AM EDT / 3:00 PM BST, for a teaser webinar on GFANZ’ upcoming global consultation paper, releasing this October, on how nature can support net-zero implementation. The GFANZ work will explore how nature-related levers may be used in the context of a net-zero transition plan, addressing a gap in voluntary guidance. The Taskforce on Nature-related Financial Disclosures (TNFD) will also release a consultation on nature transition planning this year and the ISSB (IFRS Foundation) has announced they will begin research associated with biodiversity, ecosystems and ecosystem services. In this webinar, GFANZ, TNFD, and the ISSB will share a look ahead on their nature-related work this year. Register now: https://lnkd.in/e_yp_MyP #GFANZ #Nature #NZTP #TransitionPlanning

10 Must Knows from Biodiversity Science 2024 In the 10 Must Knows from Biodiversity Science 2024, 64 scientists have further developed their well-founded and diverse findings and recommendations from the 10MustKnows22. The content of the ten selected key areas of the Earth-human system is supplemented by relevant publications from 2022 and 2023 and linked to the 23 global goals of the Kunming-Montreal Global Biodiversity Framework (GBF) adopted in December 2022. The authors are aware that the next six years until 2030 are essential for achieving an ecologically sustainable and socially just life on our planet in the medium and long term. With the 10MustKnows24, they want to actively contribute to accelerating the socio-ecological transformation by providing scientifically sound recommendations for politics and society. Prajal Pradhan These 10 Must Knows are available at this link: https://lnkd.in/eDSGjvCA #IREES #climate #biodiversity #eco #Sustainability #Development

A key outcome of the UN Convention on Biodiversity was the adoption in 2022 of the Kunming-Montreal Global Biodiversity Framework, which includes 23 goals to help stop biodiversity loss by 2030. Investors are critical in assessing a company’s biodiversity impact and the related operational, legislative, and reputational risks. In collaboration with Visual Capitalist, we’ve developed this infographic summarizing how investors can integrate biodiversity into their investment strategies. See the full infographic here: https://lnkd.in/ePbFNSVV Learn more about ISS ESG’s Biodiversity solution at: https://lnkd.in/gqERtZnN #Sustainability #Biodiversity #Indices  

[#Sustainability] Eurazeo is thrilled to announce that it has signed the Finance for Biodiversity Pledge, a commitment to halt and reverse biodiversity loss by 2030, on the International Day for Biological Diversity 🌿   🔎 The Finance for Biodiversity Pledge unites 170+ financial institutions from 27 countries, representing a combined total of €22.1 trillion in assets under management.   By signing the pledge, Eurazeo reinforces its commitment to biodiversity, supporting the implementation of the Kunming-Montreal Global Biodiversity Framework, also referred to as The Biodiversity Plan. This pledge underscores Eurazeo’s ongoing efforts to help protect and restore biodiversity, incorporating it into the various phases of the investment cycle.   Read the press release 👉 https://lnkd.in/eRu3KNnA   #BiodiversityDay #FinanceforBioPledge #ESG #impact #biodiversity #environment 

BASIN & the Biodiversity Credit Alliance 🌱 We're excited to share that BASIN is now a proud Forum Member of the Biodiversity Credit Alliance (BCA)! This venture brings us closer to our goal of aligning financial endeavors with the preservation of our planet's biodiversity. What is the Biodiversity Credit Alliance? BCA is at the forefront of developing a market for biodiversity credits, ensuring that private sector investments contribute positively to our natural world. With a focus on creating a market as robust and efficient as the carbon credit system, the BCA aims for fair and nature-positive financial flows. Inclusivity at the Core The alliance stands for collaborative guidance in the market, with a special focus on including Indigenous Peoples and Local Communities. It's a partnership that values the insights of scientists, conservation experts, and standard-setters, all united for biodiversity. Embracing the Digital Age Recognizing the need for transparency and scalability, BCA is pioneering a digital infrastructure using Distributed Ledger Technology, readying the biodiversity credit market for the efficiency and integration opportunities of Web 3.0. Join us on this journey towards a sustainable future where finance and ecology coexist in harmony. Learn more about how you can contribute and be part of this global initiative at Biodiversity Credit Alliance. https://lnkd.in/ekKMKzPe #BASIN #Sustainability #BiodiversityCredits #FinanceForNature

A Landmark Achievement in Corporate Action for Biodiversity   I am pleased to share that, today, Ørsted takes a significant stride towards reaching our net-positive biodiversity impact ambition with the launch of our new biodiversity measurement framework. This framework is a culmination of our commitment to science-based solutions, integrating natural habitats and prioritized species assessments to ensure a holistic approach to halt and reverse biodiversity loss. It leverages Ørsted’s decades of experience in biodiversity monitoring to maximize sustainable outcomes and optimize data collection, design choices, and net-positive impact project selection. This framework is not just a tool for Ørsted; it is a step towards setting industry standards and contributing to global frameworks like the Taskforce for Nature-related Financial Disclosures, Science Based Targets for Nature, and sustainability reporting requirements. Join us as we lead the charge towards a future where renewable energy projects are harmonized with the vital goal of preserving and enhancing biodiversity. #Biodiversity #NoPariswithoutMontreal #Worldoceanday

The Evolution of Biodiversity Credits: Risks and Rewards In recent times, the spotlight in environmental financing has been captured by biodiversity credits. The United Nations' latest study posits that these credits could significantly bolster conservation financing. This economic instrument paves the way for businesses to finance activities that deliver net positive biodiversity gains. 🌱 📈 Biodiversity credits allow companies to transcend traditional compensatory measures, enabling them to actively fund long-term conservation and restoration of nature - a clear advancement from merely offsetting negative impacts. Nevertheless, scepticism surrounds this financial tool, with critics cautioning it could allow companies to embellish their green credentials without substantive changes to their operational habits. Despite potential drawbacks, we at GEONOX see value in the positive use of biodiversity credits. Compared to the carbon credits, it enables holistic ecosystem conservation and restoration. We are proud to announce that we are now a forum member of the Biodiversity Credit Alliance. As we continue to advance our work in environmental services and education, we look forward to joining the discussion on optimizing the use of these credits for the benefit of our planet. #BiodiversityCredits #ConservationFinancing #SustainableBusiness #BiodiversityCreditAlliance #GEONOX

Pleased to see the advisory paper on the future for nature in transition planning, from the Transition Plan Taskforce (TPT) nature working group. There is clear ambition to integrate climate and nature in transition planning, for which there are policy and non-policy solutions recommended, including the creation of an updated UK National Biodiversity Strategy and Action Plan (NBSAP) that translates the Global Biodiversity Framework (GBF) targets into a national strategy and targets. Other solutions include the policy incorporation of nature standards like Taskforce on Nature-related Financial Disclosures (TNFD), creation of a nature-positive investment fund and the development of UK sectoral nature pathways. Plenty of work to be done, especially considering the not-so-distant timeline of 2030 by when the GBF seeks to take action to halt and reverse biodiversity loss. https://lnkd.in/eSXECYA2