01 Apr Finance for Biodiversity. Guide on biodiversity measurement approaches
Finance for Biodiversity. Guide on biodiversity measurement approaches
The signatories of the Finance for Biodiversity Pledge, together with the Finance@Biodiversity Community of the European Commission (B @ B), have created a Guide on biodiversity measurement for financial institutions. The Guide provides a starting point for financial institutions that are interested in measuring biodiversity. The Guide provides a comprehensive overview of the six tools for measuring biodiversity currently in use by financial institutions: CBF, BFFI, STAR, GBSFI, BIA and ENCORE. It highlights the strengths and weaknesses of each, as well as how mature each approach is. It also details the data and resource requirements needed and gives insights on which tools might be the most suitable for specific organizational ambitions, business applications and asset categories.
As biodiversity loss becomes an ever more urgent challenge, financial institutions are looking for ways to quantify the impact of their finance and investment activities on biodiversity. This Guide serves as an annex to the Assessing Impact section of the Pledge’s main Guidance Document. The format of the new measurement Guide was decided by Pledge signatories in collaboration with members of the F@B Community under the EU Business@Biodiversity Platform. The Guide builds on the series of reports entitled Assessment of biodiversity measurement approaches, developed by the Methods Workstream of the EU Business@Biodiversity Platform. This finance Guide is a comprehensive summary of the information that is most relevant to financial institutions in the latest Update Report 3 in the series, which is available in our Library with the title: El documento se basa en la serie de informes titulados Evaluación de los enfoques de medición de la biodiversidad, desarrollados por el Grupo de Trabajo de Métodos de B @ B. Ofrece un resumen completo de la información más relevante para las instituciones financieras recogida en el último Informe de actualización 3 de la serie, disponible en nuestra Biblioteca, con el título: