BASIN Natural Capital’s Post

Last Monday I sat down with Alice Tchernookova and Chris Hall at ESG Investor. They were interested in the relevance of the revamped GRI #Biodiversity Standard to #investors and my views on how reporting Standards should deal with their divergent views. The article includes the views of Snorre Gjerde of Norges Bank Investment Management and Emily McKenzie at the Taskforce on Nature-related Financial Disclosures (TNFD). It was a good opportunity to also highlight the approach to standard setting developed by the Global Reporting Initiative (GRI) Standards Division and the #GSSB. #sustainabilityreporting

Colin Fitzgerald, our global head of institutional, shares how long experience has refined our understanding of natural capital’s positive externalities: carbon sequestration, water resource management, and beneficial societal impact. Watch his full conversation: https://bit.ly/3RSbEh8 #NaturalCapital #ClimateFinance #SustainableInvesting Asset TV UK

🌳 "Natural capital will become a fundamental component of investors’ portfolios" - read Ben O'Donnell's article published last week exclusively in Environmental Finance https://lnkd.in/emWw-CXT. 🌱 Also downloadable as a pdf from Climate Asset Management's website https://lnkd.in/edzNPc2i #NatureIsCapital #NaturalCapital #ClimateResilience #NatureBasedSolutions

Measurement of dependencies needs to go beyond measuring the reliance of a business on the given ecosystem service. 📏🌱🏞️ Created with United Nations Environment Programme Finance Initiative (UNEP FI), the guidance outlines steps to help financial institutions and businesses comprehensively assess their nature-related risks and opportunities, and sets out recommendations for the Taskforce on Nature-related Financial Disclosures. Find out more: https://lnkd.in/dNMZqp_H

https://lnkd.in/gZqbsVqH This is a good overview on NACs or Natural Asset Companies. I especially like how they highlighted how critical primary markets are to secure the basis of the value of the natural asset that would allow secondary investment.

Advance market commitments and nature equity are mechanisms that are advancing the normalization of the nature assets market. Read the (brief 😎 ) dispatch here.

Join us for our upcoming #EYFinancialServices webcast exploring #Biodiversity. Learn how maintaining biodiversity can be beneficial to your financial strategy. Register now. #SustainableFinance

Financial authorities are increasingly recognizing the economic implications of nature degradation and biodiversity loss. At the G20 meeting in Rio, a new report will be presented, highlighting early efforts to address these nature-related financial risks. This stocktake provides valuable insights into how regulators are beginning to integrate nature and biodiversity considerations into their frameworks. It's a crucial step toward a more sustainable and resilient financial future. #NatureRisk #SustainableFinance #G20 #Biodiversity #FinanceForFuture

Interrelationship between finance and nature is increasingly apparent. The comprehensive Financial Stability Board (FSB) stocktake, is indicative of the nature-related risks exposure to FIs’ investments and financing activities. The report reiterates several challenges from data and climate modelling complications, to lack of standardised frameworks, low capacity and expertise to accurately assess and manage, the increased uncertainty and long-term horizons, and limited comprehensive disclosures coupled with information asymmetries. All underscoring the complexity of assessing nature-related financial risks, making continued research, collaboration and capacity building a significant area for FIs to work on.   It recognises the contribution of international organisations in standardising assessments like Taskforce on Nature-related Financial Disclosures (TNFD) or Network for Greening the Financial System (NGFS)’s Conceptual Framework for Nature-related financial risks, as it provides a common language across jurisdictions, with a strong potential to cross collaborate. Thus, ensuring consistency and coherence in assessment and management of nature-related risks across the financial sector. Overall, kudos to FSB! #NatureRelatedRisks #ClimateFinance #BiodiversityFinance

Our report, published on 18 July, takes stock of regulatory and supervisory initiatives associated with the identification and assessment of nature-related financial risks and presents key challenges for authorities in identifying, assessing and managing these risks, including: - General guidance and requirements on nature-related risks - Guidance and requirements on firm-level disclosures - Data collection initiatives - Integration in regulatory and supervisory frameworks - Scenario analysis - Capacity building