🌏 Lors de la #COP16, Isabelle Combarel, Présidente du directoire d’Arkéa Capital, est intervenue à la table ronde “Comment rendre compte de la biodiversité et atteindre l’Objectif Cible 15 des accords de Kunming-Montréal”. Elle a réaffirmé l’engagement du Crédit Mutuel Arkéa à être un acteur majeur de la transition vers une finance durable et protectrice de la biodiversité.
Today, I had the privilege of participating in COP16 at an engaging roundtable on Target 15 of the Kunming-Montreal agreements, which calls on businesses to assess and report their risks, dependencies, and impacts on biodiversity. 🌏🌱 Alongside Stéphanie Paquin-Jaloux from Schneider Electric, Harold Pauwels from Global Reporting Initiative (GRI), Nicolas Boquet from Afep , and Martin Powell from AXA, we delved into key issues: 📌 Eight years after the launch of GRI 304 Biodiversity (2016), and two years after the adoption of Target 15, businesses and financial actors are still in the early stages of developing their biodiversity reporting. However, progress has been remarkable in recent years. Biodiversity remains a broad and complex topic that requires a “small start” approach for effective action. In Europe, the CSRD (ESRS E4) is helping to enhance transparency in biodiversity matters. Reporting framework harmonization is advancing, and the voluntary TNFD framework remains a benchmark! 💡 📌 Financial sector players are experiencing a true paradigm shift in their investment decision-making: incorporating these new nature protection challenges in a relevant way requires developing new expertise and competencies. The financial industry must also transform and invest massively in biodiversity training at all company levels, including governance, and for all employees, regardless of role, as well as for the companies it supports—particularly SMEs, which do not yet all see the “business” link. 💼 📌 Finally, we shared the importance of collaborative finance, involving all stakeholders and scientists. Collaboration is essential because the issue is too complex to tackle alone! We must collaborate because there are already multiple initiatives, and we should avoid reinventing the wheel to foster convergence! We must collaborate because we have limited time left to halt and reverse nature loss—less than six years! Thank you to my fellow panelists for these rich and inspiring exchanges, to Lucie Pecqueur for moderating, and to the Institut de la finance durable. 🤝 A special thanks to Flora Boubour, Deputy to the Ambassador for the Environment, for her introduction on the current state of discussions around Target 15. #COP16 #Biodiversity #Target15 #SustainableFinance #DoubleMateriality #PositiveImpact