News in the Framework of the European Business & Biodiversity Campaign

SBTi launches Net-Zero Standard

The Science Based Targets initiative´s Corporate Net-Zero Standard is the world’s first framework for corporate net-zero target setting in line with climate science. It includes the guidance, criteria, and recommendations companies need to set science-based net-zero targets consistent with limiting global temperature rise to 1.5°C.

STAR - New Metric Allows Businesses to Quantify Positive Biodiversity Impacts

The Species Threat Abatement and Restoration Metric (STAR) will, for the first time, allow businesses to estimate the potential contributions of specific nature-positive actions in specific places towards global biodiversity targets.

Financial institutions call for clear framework for biodiversity

A powerful investor group of 78 financial institutions with combined assets of nearly $11 trillion have issued an appeal to the world's governments. They are calling for an international framework for biodiversity, as well as stronger commitment at the national level.

Biodiversity commitments weakly anchored in the banking sector

In a recent report, ShareAction discusses how the 25 largest European banks are addressing five critical issues related to climate and biodiversity. The aim is to motivate the banking sector to introduce ambitious commitments on climate and biodiversity in the run-up to the COP 26.

Geopolitics of the World’s Forests: Strategies for Tackling Deforestation

Deforestation continues at a worrying pace worldwide, except in temperate and boreal countries. It is caused by the race for land, underpinned by population growth and rising global demand for "deforestation-prone" products. Moreover, with climate change, mega-fires are now posing unprecedented threats to forests.

The outbreak of illegal gold mining in the Brazilian Amazon boosts deforestation

Increased prices and political pressure are boosting illegal gold mining in the Brazilian Amazon, threatening forests, indigenous people, and conservation of biodiversity in protected areas.

A simple guide to financing life on Earth: The Little Book of Investing in Nature

A new publication provides an essential overview of the area of biodiversity finance at a time when governments and international negotiators are urgently seeking pragmatic solutions for the twin crises of climate change and the loss of nature.

"Finance and Biodiversity – Overview of initiatives for financial institutions"

The momentum for biodiversity is growing amongst financial institutions, and so is the number of communities, networks and initiatives dedicated to this topic. The document provides a comprehensive overview of the main biodiversity-related initiatives currently targeting financial institutions.

Online Seminar "Private Sector engagement in Multi-Stakeholder Partnerships for biodiversity"

How can Multi-Stakeholder Partnerships help in the conservation and sustainable use of biodiversity? This was discussed during an online seminar, where representatives from different sectors shared their experience and success stories in working with multi-stakeholder partnerships.

Global insurance and reinsurance leaders establish alliance to accelerate transition to net-zero emissions economy

Net-Zero Insurance Alliance committed to join Glasgow Financial Alliance for Net Zero and UN Race to Zero; plus Net-Zero Banking Alliance and Net-Zero Asset Owner Alliance announce updates.