The EU Business & Biodiversity Platform and the Finance for Biodiversity (FfB) Foundation have recently unveiled the third edition of the ‘Guide on Biodiversity Measurement Approaches’. This comprehensive guide aims to assist financial institutions in comprehending methodologies for assessing their biodiversity interactions. With the addition of two new tools and a revised categorization aligned with contemporary frameworks, the guide now offers enhanced insights.
Featuring an overview of nine biodiversity measurement tools, the guide highlights their suitability, strengths, and limitations. It serves as a crucial reference for financial institutions endeavoring to quantify their biodiversity impacts, aligning with the FfB Pledge's commitment to assessing impact. Drawing from diverse sources, this guide facilitates financial institutions in efficiently navigating their biodiversity impacts.