News in the Framework of the European Business & Biodiversity Campaign

New finance guide aims to mobilize financial institutions to positively engage with nature

The new Financial Sector Guide for the Convention on Biological Diversity aims to mobilise financial institutions to ensure a nature positive world, by fostering better understanding of nature’s importance for the financial sector, providing insight on the Convention on Biological Diversity (CBD) process and the actions that can be taken by financial institutions beneficial to nature.

On the way to Sustainable Finance – EU Commission published first Taxonomy Climate Delegated Act, Biodiversity Delegated Act to follow

With the EU Taxonomy, the Commission presents a common classification system for sustainable economic activities. The increased transparency should make it easier for investors to re-orient investments towards more sustainable technologies and businesses.

State of Finance for Nature

If the world is to meet the climate change, biodiversity, and land degradation targets, it needs to close a USD 4.1 trillion financing gap in nature by 2050. The current investments in Nature-based solutions amount to USD 133 billion – most of which comes from public sources.

Leading companies respond to biodiversity loss by committing to the Action Agenda for Nature and People

More than 50 companies have stepped forward to show their shared commitment in support of the global biodiversity framework expected to be adopted at the 15th Conference of the Parties to the Convention on Biological Diversity.

Energy company aims for net-positive biodiversity impact from new projects commissioned from 2030

The electricity supplier Ørsted sets the ambition to deliver a net-positive biodiversity impact from all new renewable energy projects that are commissioned from 2030 at the latest.

EU consumption responsible for 16% of tropical deforestation linked to international trade - new report

The EU is one of the world’s largest importers of tropical deforestation and associated emissions, second only to China, a new WWF report has found.

Ten Nature-Inspired Companies Advancing Sustainable Solutions

Biomimicry Institute announces the 10 startup companies participating in this year’s $100,000 Ray of Hope Prize® program.

Incorporating biodiversity into business activity

Businesses can play an important role in combating the causes of biodiversity loss considering that the services provided by nature are at the basis of every economic process. The online Seminar "Integrating Biodiversity into business strategies – experiences and hands-on tools" on the 20th of April showcased successful experiences in the use of tools.

Establishment Finance for Biodiversity Foundation

Six months after the launch of the Finance for Biodiversity Pledge, the Finance for Biodiversity Foundation has been set up to support the call to action and collaboration between signatories to the Pledge.

Assessment of Biodiversity Measurement Approaches for Businesses and Financial Institutions: Update Report 3

The EU B@B Platform published the third report of the "Assessment of Biodiversity Measurement Approaches for Businesses and Financial Institutions" series.