Insurance, consultancy firms release guidance for corporate nature risk assessment
The risk division of a large French-headquartered insurance company and a UK-based consultancy firm have released a report to help businesses assess their nature-related impacts and dependencies.
Read MoreBrazilian bank issues R$1.4-bln bond linked to biodiversity, social initiatives
A large Brazilian bank announced on Thursday it has raised R$1.4 billion ($250 million) with a bond aimed at funding biodiversity conservation and social programmes across the country.
Read MoreMajor European retail banks fail to account for plastic pollution risks in their financial policies, think tank warns
European retail banks largely overlook plastic pollution in their lending decisions, which is poised to expose them to increasing financial risks, according to a London-based think tank.
Read MoreItalian cohort weighs biodiversity credits for wetland restoration plan
A public-private cohort in Italy is leading an initiative to advance the restoration of the country’s largest wetland, with biodiversity credits among the tools being explored to mobilise financing.
Read MoreBNG sees less than £250k worth of statutory biodiversity credits sold in first year
Government body Natural England has sold £247,416 worth of statutory biodiversity credits since it introduced its biodiversity net gain (BNG) regulation last year, it said Friday.
Read MoreIndustry to push for deep-sea mining permits at UN talks as global code still uncertain
The metals industry is intensifying its push for deep-sea mining permits despite the absence of a regulatory framework, as a key UN-established meeting approaches, with a global mining code remaining unlikely in the near future, observers have said.
Read MoreResearchers flag shortfalls in widely used methods to assess corporate impacts on biodiversity
Commonly used biodiversity assessment approaches face numerous challenges that are often overlooked by businesses and could hamper their efforts to mitigate impacts on nature, according to a study released this week.
Read MoreHarmonised biodiversity credit markets ‘promising’ tool to scale nature finance -report
Advancing biodiversity credit markets is among the key steps recommended by the World Government Summit to meet the $200 billion annual target set out under the Global Biodiversity Framework, provided that regulators develop a standardised framework to prevent greenwashing.
Read MoreINTERVIEW: This year’s ocean conferences key steps for scaling marine biodiversity credit market
Upcoming major ocean conferences will be crucial to lay the groundwork for scaling the emerging marine biodiversity credit market, an expert told Carbon Pulse.
Read MoreGoldman Sachs Asset Management launches biodiversity bond fund
Goldman Sachs Asset Management announced on Thursday the launch of a global biodiversity bond fund to address investors’ increasing interest in nature, the firm has said.
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