The Finance for Biodiversity Foundation was set up to support a call to action and collaboration between financial institutions on this important issue., We continue to co-chair the Finance for Biodiversity Foundation Engagement and Public Policy Advocacy working groups.ĭuring 20 we contributed to the pre-COP15 discussions on the Global Biodiversity Framework (GBF) on behalf of the Finance for Biodiversity Foundation. In 2020, we signed the Finance for Biodiversity Pledge, which now has 98 signatories that represent over €14tn. The destruction of habitats through land-use change brings humans and animals into ever closer contact, which increases the risk of new infectious diseases being transmitted from animals to humans. However, the role that nature plays has often been under-appreciated by companies and their investors – not only for its intrinsic and societal value, but also for the economic value that it underpins.Ĭovid-19 has been a wake-up call that our health, and that of our economies, are dependent on the health of the world’s ecosystems. Failure to act on these issues could result in collapsing food systems and loss of livelihoods, posing a systemic risk to the global economy.Īll life on earth and all businesses, to varying degrees, are dependent on the common goods provided by nature. Research suggests over 50% of global GDP is highly or moderately dependent on nature¹.
There is growing awareness in the financial sector of the interlinked climate and biodiversity emergencies, and the potential impacts on economies and markets.
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