BIOFIN-EU’s Post

🌿𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐍𝐚𝐭𝐮𝐫𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐢𝐧 𝐈𝐫𝐞𝐥𝐚𝐧𝐝🌿 Ireland is on a mission to restore its #biodiversity and ecosystems by 2030, but funding remains a challenge. The latest BIOFIN-EU article presents an 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 that supports #nature, climate, and water goals while driving sustainable investments. 🔹 Simplifies processes for landowners 🔹 Attracts private sector funding through a Special Purpose Vehicle (SPV) 🔹 Ensures effective financing for 𝐍𝐚𝐭𝐮𝐫𝐞-𝐛𝐚𝐬𝐞𝐝 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 By reducing transaction costs and fostering collaboration, Ireland can take a bold step toward a 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐟𝐮𝐭𝐮𝐫𝐞. 🌍✨ #HorizonEU #ResearchImpactEU #greenfinance #sustainablefinance #finance

Thank you Anna Turrell great leadership. Protecting nature and the climate is Europe’s big competitive advantage - resilience in the face of weather extremes; societal good from an economy that serves not plunders; new product and service markets in a global economy that can for a few more turbulent years cling to the destructive old ways but sooner than it realises will have to pivot to a much more sustainable footing

Since its launch in 2019, the urgency of the European Green Deal has never been more apparent. Yet four years on, we're not on track to tackle climate change, halt biodiversity loss or achieve inclusive socio-economic transformation. Public investment holds the key to addressing today's crises by prioritising long-term necessities over immediate profits. As part of the Citizens' Observatory for Green Deal Financing, we urge the next European Parliament & Commission to implement transformative policies for the 🌍 & it's people by directing public funds where they are most needed. In this #EUelections2024 week, discover the recommendations for a just transformation that leaves none behind ➡ https://lnkd.in/ddCxU4eb

🌳 Nature Can't Wait. 🌳 The flagship Green Deal is Europe’s greatest competitive advantage – benefiting business, nature and society and powering our economic future. And we, companies, need certainty. A clear, predictable legal framework will allow continued investment in sustainable practices that future-proof jobs, prosperity and nature. 60+ businesses agree: Nature can’t wait. No roll back on the Green Deal. Let’s implement smarter, not less! #WeHadADeal #GreenDeal #Nature European Union Business for Nature WWF

How can governments drive meaningful climate action? Denmark 🇩🇰 is showing the way by incentivising and investing in permanent carbon removal, setting a new standard for global climate leadership. Last week, the Danish government rolled out its new plan to cut carbon emissions from agriculture, which includes a groundbreaking €1.35 billion investment in biochar production. Biochar offers a promising method for carbon sequestration, locking away carbon for centuries and enhancing soil health. By subsidising biochar up to €300 per tonne, Denmark is not just addressing its carbon emissions but transforming agriculture's role in climate mitigation. This proactive approach demonstrates how governments can act as stewards of the environment, regulating and supporting markets to foster innovation. Denmark's model is a blueprint for others, proving that ambitious climate measures can gain broad support from industry and environmental groups alike. #carbonremoval #sustainability #denmark

🌿 **LIFE Programme: Call for Proposals for Environmental Projects** On April 18, the European Commission launched a call for proposals under the LIFE programme, with a total budget of €571 million. This funding is intended for projects focused on nature, biodiversity, combating climate change, energy transition, and circular economy. This call is open to businesses, academic institutions, national, regional, and local governments, as well as non-governmental organizations (NGOs) operating in the EU and working on nature conservation, environmental protection, climate change, or transition to clean energy. The indicative budgets cover various areas such as nature and biodiversity (€155 million), circular economy and quality of life (€65 million), as well as grants for clean energy transition (€77 million). The total funding for the LIFE programme for the period 2021-2027 amounts to €5.4 billion, including a sub-programme dedicated to transitioning to clean energy. #LIFEProgramme #Environment #ClimateChange #EnergyTransition #CircularEconomy 🌍💡

This week we launched a report in the State of Finance for Nature (SFN) series on restoration finance titled "Growing Green". It was put together by #UNEP with core partners #Globalcanopy and the #EconomicsOfLandDegradation (ELD). It was made possible through funding from the German, Luxembourg and Italian governments. You can download it directly here: https://lnkd.in/e3EiDpuC Perhaps not surprisingly the key findings showcase that restoration finance needs to quadruple from 2022 levels of US$64 billion/yr to US$296 billion/yr by 2030 to reach global restoration targets while contributing to climate and biodiversity goals. While the big finance gap may be a put-off for some people, the SFN series does provide an important yardstick for governments, corporates and finance institutions where we stand now and where we need to be heading to. Going forward we will be aiming to align the data & methodologies closer with the climate, biodiversity and land degradation conventions. Louise Baker, Nina Bisom, Nathalie Olsen, Ann-Kathrin Neureuther, Andrew Mitchell Jimmy Skenderovic Cherryl Dentzer Claudia Hiepe Andrea Goertler #landdegradation ; #climateaction #sustainablefinance ; #ecosystemrestoration #GenerationRestoration

We’ve committed to provide at least €500 million in investments, loans and contributions to the nature-based solutions sector by the end of 2030 as part of our biodiversity targets.   By setting these targets, we aim to play a leading role in financing nature-based solutions and promoting biodiversity conservation and restoration.   🦋Nature-based solutions involve working with nature to address societal challenges, providing benefits for human well-being, biodiversity and the climate. Nature-based projects encompass conservation, restoration, and sustainable management of both natural and semi-natural ecosystems such as agriculture, as well as the establishment of new ecosystems in human-modified environments, like urban areas.   Jacco Minnaar, Chief Commercial Officer of Triodos Bank: “Investing in nature-based solutions is crucial for restoring our natural environment and mitigating the effects of the climate crisis. At Triodos Bank, we are proud to be at the forefront of this movement, demonstrating that sustainable finance can drive positive environmental and societal impact.”   More info in our press release: https://lnkd.in/eA6AcbHv   Want to know more about how we’re financing nature-based solutions? Download our new white paper: https://lnkd.in/ebVVA9k9   #nature #biodiversity #climate #socialbenefits #investments #wellbeing #sustainablefinance

Biodiversity accounting and extinction accounting are becoming more common with asset management companies and banks. Triodos claims support actions beyond mere accounting but actions oriented towards restoration, regeneration and rewilding but more evidence is needed

📢 Biodiversity: The Next Frontier in Environmental Credit Markets 🌱🌍 In my work developing a methodology for evaluating biodiversity credits based on forest fragments conservation and restoration in small rural properties, I often encounter skepticism. Many believe that, while the carbon credit market is well-established, biodiversity-focused initiatives will not achieve the same level of engagement or relevance. This is why it’s so inspiring to see initiatives like the one from Triodos Bank Bank, which has committed to investing €500 million in nature-based solutions by 2030. This demonstrates that there is a growing movement looking beyond carbon and recognizing the critical role of biodiversity. 🌿💡 I also want to highlight the importance of organizations like the International Carbon Registry (ICR) which starts pilot Biodiversity Program Integrating Biodiversity Conservation and Restoration Into the Global Sustainability Efforts helping drive innovation and scalability for emerging markets like biodiversity credits. 💡💡See more about it here: https://lnkd.in/e5N7MHPX The market is evolving, and biodiversity is becoming a key part of this transformation. If you also believe in the power of biodiversity to shape a sustainable future, let’s work together to make it happen! 🌍✨ #Sustainability #ESG #Biodiversity #BiodiversityCredits #NatureBasedSolutions #SustainableInvestment #CarbonCredits #ICR