Connecting Financial Flows with Biodiversity Targets

Presented by

UNEP-WCMC | UNEP Financial Initiative | National Australia Bank

About this talk

As international policy developments continue to focus on the urgent need to halt biodiversity loss, how can banks, investors and insurers contribute to the reversing the biodiversity crisis facing our economy and society? Join us for the launch of a new report which analyses key business sectors and biodiversity risk and provides a pathway for banks, investors and insurers to mitigate this through target-setting. We will discuss how financial institutions can contribute to halting biodiversity loss and unveil the 10 priority sectors with large financial flows and major impacts or dependencies on biodiversity. This will enable financial institutions to gain an understanding of hotspots, and will provide the starting point for them to set meaningful, credible targets on biodiversity, bringing their assets in line with the international policy agenda. The report is published by UNEP-WCMC, UNEP Finance Initiative and Global Canopy.
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United Nations Environment Programme Finance Initiative (UNEP FI) is a partnership between United Nations Environment and the global financial sector created in the wake of the 1992 Earth Summit with a mission to promote sustainable finance. More than 240 financial institutions, including banks, insurers, and investors, work with UN Environment to understand today’s environmental, social and governance challenges, why they matter to finance, and how to actively participate in addressing them. UNEP FI’s work also includes a strong focus on policy – by facilitating country-level dialogues between finance practitioners, supervisors, regulators and policy-makers, and, at the international level, by promoting financial sector involvement in processes such as the global climate negotiations.