{"id":1064,"date":"2021-06-03T13:07:00","date_gmt":"2021-06-03T11:07:00","guid":{"rendered":"https:\/\/new.naturalcapitalfactory.es\/?p=1064"},"modified":"2024-10-10T11:27:20","modified_gmt":"2024-10-10T09:27:20","slug":"contexto-politico-y-regulatorio-de-los-riesgos-financieros-climaticos-y-de-la-naturaleza","status":"publish","type":"post","link":"https:\/\/naturalcapitalfactory.es\/en\/contexto-politico-y-regulatorio-de-los-riesgos-financieros-climaticos-y-de-la-naturaleza\/","title":{"rendered":"Political and regulatory context of climate and nature financial risks and corporate action"},"content":{"rendered":"<p>The close link between climate change and the biodiversity crisis, along with the financial risks arising from climate and nature, is a reality. Interest in understanding how to adequately address these risks is growing. Consequently, members of Technical Committee 6 of&nbsp;<a href=\"http:\/\/www.conama.org\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">CONAMA<\/a>&nbsp;on \"The Future of Climate and Nature Risks and Their Financial Impact\" \u2014 coordinated by members of the technical team from Fundaci\u00f3n CONAMA and the coordinators of the&nbsp;<a href=\"https:\/\/naturalcapitalfactory.es\/en\/grupo-de-trabajo-sobre-riesgos-financieros\/\">Natural Capital Factory<\/a>\u2014 have worked in the months leading up to the&nbsp;<a href=\"http:\/\/www.conama2020.org\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">the 15th edition<\/a>&nbsp;of the National Environmental Congress on various actions to enhance knowledge about these risks and facilitate their management among Spanish economic, financial, and social actors.&nbsp;<\/p>\n\n\n\n<p>Estas acciones han consistido en una\u00a0consulta para recabar informaci\u00f3n valiosa sobre c\u00f3mo abordan las organizaciones espa\u00f1olas la gesti\u00f3n de estos riesgos, metodolog\u00edas y herramientas para la identificaci\u00f3n, medici\u00f3n y gesti\u00f3n, problemas y soluciones y oportunidades asociadas con la adecuada gesti\u00f3n de los riesgos financieros del clima y la naturaleza y la contribuci\u00f3n de las empresas a la adaptaci\u00f3n al cambio clim\u00e1tico y al fortalecimiento de la resiliencia social a este fen\u00f3meno. Otras acciones desarrolladas en el marco del trabajo del CT6 han sido la organizaci\u00f3n de un webinario\u00a0sobre c\u00f3mo mejorar la divulgaci\u00f3n clim\u00e1tica y relacionada con la naturaleza en colaboraci\u00f3n con Climate Standard Disclosure Board (CSDB) y la elaboraci\u00f3n de una herramienta divulgativa sobre el panorama pol\u00edtico y regulatorio de estos riesgos y los resultados de la consulta.\u00a0<\/p>\n\n\n\n<p>Additionally, collaboration has been fostered with prominent Spanish actors involved in managing climate and nature financial risks and business representatives to provide insights from their practical experience on the trends in the political and regulatory frameworks for these risks and how they are being addressed by Spanish organizations.<\/p>\n\n\n\n<p>El&nbsp;<a href=\"https:\/\/naturalcapitalfactory.es\/wp-content\/uploads\/2021\/06\/ST06_CONAMA-2020-Bloque-1.pdf\">The first block of<\/a>&nbsp;de la&nbsp;<a href=\"http:\/\/www.conama2020.org\/web\/generico.php?idpaginas=&amp;lang=es&amp;menu=370&amp;id=134&amp;op=view\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">of the Technical Session 6<\/a>&nbsp;of CONAMA 2020 focused on the political and regulatory context of climate and nature financial risks, the National Climate Change Adaptation Plan 2021-2030, and the new European Union Adaptation Strategy. Participants included Paz Ferrer Calvo, Communication Director of&nbsp;<a href=\"https:\/\/ecoacsa.com\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Ecoacsa<\/a>&nbsp;and coordinator of the&nbsp;<a href=\"https:\/\/naturalcapitalfactory.es\/en\/\">Natural Capital Factory<\/a>, Antonio Mateos Gil, Senior Advisor to the&nbsp;<a href=\"https:\/\/www.tesoro.es\/organizacion\/secretaria-general-del-tesoro-y-politica-financiera\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">General Treasury Secretariat<\/a>&nbsp;of the Ministry of Economic Affairs and Digital Transformation; M\u00f3nica S\u00e1nchez Bajo, Area Head of the Spanish Office of Climate Change (<a href=\"https:\/\/www.miteco.gob.es\/es\/cambio-climatico\/temas\/organismos-e-instituciones-implicados-en-la-lucha-contra-el-cambio-climatico-a-nivel-nacional\/oficina-espanola-en-cambio-climatico\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">OECC)<\/a>) Ministry for Ecological Transition and the Demographic Challenge, and Esther Palomeque, head of the European Banking Unit at the&nbsp;<a href=\"https:\/\/www.bde.es\/bde\/es\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Bank of Spain.<\/a>. &nbsp;<\/p>\n\n\n\n<p>Block 2 of Technical Session 6 (ST6) of CONAMA 2020 focused on presenting the results of the survey launched by Technical Committee 6 of CONAMA regarding how Spanish organizations address climate and nature financial risks and how they contribute to climate change adaptation and strengthening social resilience. Additionally, Elena Blanco Lozano, Sustainability and Environment Manager at&nbsp;<a href=\"https:\/\/www.enagas.es\/portal\/site\/enagas\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Enag\u00e1s<\/a>Mercedes V\u00e1zquez Miranda from the Sustainability Department of <a href=\"https:\/\/www.ree.es\/es\/conocenos\/el-grupo-red-electrica\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Red El\u00e9ctrica Group<\/a>and Bel\u00e9n Pedruelo G\u00e1rate, ESG Reporting Manager at&nbsp;<a href=\"https:\/\/www.repsol.com\/es\/index.cshtml\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Repsol<\/a>&nbsp;shared real cases about their experiences in managing these risks within their respective companies.<\/p>\n\n\n\n<p><strong>Climate and nature financial risks: A sample of how Spanish companies address them<\/strong><\/p>\n\n\n\n<p>As a result of the consensus decision among CT6 members of CONAMA to work on creating an informative document for economic, financial, and social actors interested in better understanding the landscape of climate and nature risks and their financial impact, the publication. \"<a href=\"https:\/\/naturalcapitalfactory.es\/wp-content\/uploads\/2021\/06\/Documento-TeCC81cnico-ST6_definitivo.pdf\">Climate and nature financial risks: A sample of how Spanish companies address them<\/a>.\"<\/p>\n\n\n\n<p>The document is structured into several chapters that cover the political and regulatory context of these risks; types of climate and nature financial risks and examples; relevant initiatives working to help companies and the financial sector report and disclose these risks; motivations of organizations to address them; examples of mechanisms, methodologies, and tools for identification, measurement, and management; and the main challenges and issues encountered in addressing climate and nature financial risks.<br><\/p>\n\n\n\n<p>The publication also includes a chapter dedicated to the contribution of companies to climate change adaptation and strengthening social resilience to this phenomenon. This section aims to support the overarching goal of the National Climate Change Adaptation Plan 2021-2030 (PNACC 2021-2030) to \"promote coordinated and coherent action in response to the effects of climate change in Spain to avoid or reduce current and future damage resulting from climate change and build a more resilient economy and society.\"<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/naturalcapitalfactory.es\/wp-content\/uploads\/2021\/06\/ST6-Conama-2020-riesgos-financieros_audio.mp3\">Link to the audio of the session<\/a><\/strong><\/p>\n\n\n\n<p><strong><a href=\"https:\/\/naturalcapitalfactory.es\/wp-content\/uploads\/2021\/06\/ST06_CONAMA-2020-Bloque-1.pdf\">Link to the presentations from Block 1<\/a><\/strong><\/p>\n\n\n\n<p><strong><a href=\"https:\/\/naturalcapitalfactory.es\/wp-content\/uploads\/2021\/06\/ST6-CONAMA-2020-bloque-2-todas.pdf\">Link to the presentations from Block 2<\/a><\/strong><\/p>\n\n\n\n<p><strong><a href=\"https:\/\/naturalcapitalfactory.es\/wp-content\/uploads\/2021\/06\/Documento-Tecnico-ST6_definitivo.pdf\">Download the publication \"Climate and Nature Financial Risks: A Sample of How Spanish Companies Address Them\"<\/a><\/strong><\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>El estrecho v\u00ednculo entre cambio clim\u00e1tico y la crisis de biodiversidad y los riesgos financieros derivados del clima y de la naturaleza son una realidad. El inter\u00e9s por conocer c\u00f3mo abordar estos riesgos adecuadamente es creciente, por lo que los miembros del Comit\u00e9 T\u00e9cnico 6 de&nbsp;CONAMA&nbsp;sobre \u00abEl futuro de los riesgos clim\u00e1ticos y de la [&hellip;]<\/p>","protected":false},"author":2,"featured_media":1066,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticia"],"_links":{"self":[{"href":"https:\/\/naturalcapitalfactory.es\/en\/wp-json\/wp\/v2\/posts\/1064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naturalcapitalfactory.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naturalcapitalfactory.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naturalcapitalfactory.es\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/naturalcapitalfactory.es\/en\/wp-json\/wp\/v2\/comments?post=1064"}],"version-history":[{"count":6,"href":"https:\/\/naturalcapitalfactory.es\/en\/wp-json\/wp\/v2\/posts\/1064\/revisions"}],"predecessor-version":[{"id":1744,"href":"https:\/\/naturalcapitalfactory.es\/en\/wp-json\/wp\/v2\/posts\/1064\/revisions\/1744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naturalcapitalfactory.es\/en\/wp-json\/wp\/v2\/media\/1066"}],"wp:attachment":[{"href":"https:\/\/naturalcapitalfactory.es\/en\/wp-json\/wp\/v2\/media?parent=1064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naturalcapitalfactory.es\/en\/wp-json\/wp\/v2\/categories?post=1064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naturalcapitalfactory.es\/en\/wp-json\/wp\/v2\/tags?post=1064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}