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Side Event #2893

Status: PUBLISHED

Date Not scheduled
Conference COP 14 / CP-COP-MOP 9 / NP-COP-MOP 3
Meetings(s)
COP-14
Fourteenth meeting of the Conference of the Parties to the Convention on Biological Diversity
Title How can the use of biodiversity footprints make a difference in investment decisions and in businesses’ strategic decisions?
Hosts
CDC Biodiversité | ASN Bank | Actiam | FiM |
Topics
Global Biodiversity Outlook (GBO)
Partnerships and initiatives to enhance cooperation
Biodiversity Indicators Partnership
Business
Impact Assessment
Implementation, Monitoring and Reporting
Aichi Biodiversity Targets
 

 

By the COP15 in 2020, we share the conviction that the world needs to define a "maximum acceptable erosion" scenario for biodiversity based on the IPBES findings. This will allow all stakeholders: countries, companies, communities, etc. to position themselves in relation to this scenario and to enter a process that is both measured and resolutely ambitious. The creation and dissemination of biodiversity footprint metrics is a necessary prerequisite.

 

Several initiatives in the European Union and China have been working on developing such biodiversity footprint metrics and this side-event will seek to:

-           Provide a brief overview of existing initiatives

-           Share insights from work undertaken by four financial institutions to move toward common standards

-           Let businesses and financial institutions share their own experience and objectives using biodiversity footprint metrics

-           Explore how governments could facilitate the uptake of biodiversity footprinting by businesses

 

 

The side-event is organized by several leading institutions in the field of biodiversity footprinting and supported by the national governments France, the Netherlands and Germany, as well as by the European Union. It will feature the result of a year-long work to explore potential convergences between the Global Biodiversity Score (GBS) and the Biodiversity Footprint for Financial Initiative (BFFI) methodologies, led by CDC Biodiversité, ASN Bank, ACTIAM and supported by Finance in Motion. Businesses and financial institutions from the host countries will directly share their experience during the side-event.

 

Target audience: financial institutions, companies, researchers, NGOs and governments interested in assessing biodiversity footprint and reducing the impact of economic activities on biodiversity.

 

Agenda - please refer to http://www.mission-economie-biodiversite.com/actualites/two-side-events-at-cop14-of-the-cbd-biodiversity-footprints-making-a-difference-in-investment-and-business-decisions-enabling-role-of-the-public-sector for an updated agenda.

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Global Biodiversity Score: measuring a company’s biodiversity footprint


Report describing the Global Biodiversity Score (GBS) publication as of November 2017 (methodology under development until 2020), a tool to assess the biodiversity footprint of businesses and financial institutions.

N11-TRAVAUX-DU-CLUB-B4B-INDICATEUR-GBS-UK-BD.pdf

biodiversity footprint; corporate biodiversity metric; business; financial institution; assessment  

Towards ASN Bank’s Biodiversity footprint A pilot project


The report describes briefly the methodology used by ASN Bank, a Dutch sustainable bank, to assess the biodiversity footprint of several of its asset classes, and interprets the results obtained.

file

biodiversity footprint; financial institution; corporate biodiversity metric; assessment  

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