2021 is a pivotal year for taking action to protect nature and biodiversity with the launch of the Taskforce on Nature-related Financial Disclosures (TNFD) and the upcoming COP15 on Biodiversity in China in October.
The involvement of the financial sector will play a central role as investment is a powerful incentive, and it must serve the preservation of biodiversity, just as it has served the fight against climate change. To do so, reliable data are necessary to measure the impact of companies and portfolios on biodiversity.
Reglementary framework quickly evolves to take into account biodiversity risks and opportunities and a growing number of investors are now commiting to report biodiversity impacts of their portfolios.
Carbon4 Finance together with CDC Biodiversité, launches the Biodiversity Impact Analytics (BIA) Database powered by the GBS®. Combining experiences on climate data and biodiversity footprint methodology, this database will allow investors to assess the impact on biodiversity of their portfolio with a large coverage in terms of assets and markets.