Free-to-use module is launched by UN-backed Natural Capital Finance Alliance, as Green Finance Institute publishes recommendations for how UK finance can help develop a nature-positive economy
By Elena K Johansson2021-05-26T12:23:00+01:00
A new tool has been launched that allows investors to explore the potential impact of their investment activities in agriculture and mining on biodiversity loss, in particular species extinction and the loss of “ecological integrity”.
Eric Usher, head of the UN Environment Programme Finance Initiative (UNEP FI), said the tool “allows financial institutions to take material action to pivot the real economy towards a nature-positive future”.
The ENCORE (Exploring Natural Capital Opportunities, Risks and Exposure) biodiversity module is an extension of the already existing online tool of the same name. Over 30 financial institutions participated in the development and testing of the module, including APG Asset Management, BNP Paribas Asset Management and EOS at Federated Hermes.
By Susanna Rust2021-05-13T11:29:00+01:00
A new working group has been launched to research the effectiveness of different types of policy and regulatory measures for green and sustainable finance.
Comprised of experts from academia, financial think tanks and international organisations, the group has its aim to support financial policymakers in the design of finance measures that will create positive impact in the real economy and facilitate the transition to sustainability.
According to the initiators, members of the working group will assess policy and regulatory effectiveness in terms of efficiency and equity in different markets, as well as across environmental, financial and economic variables.
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