Aligning Financial Portfolios with Biodiversity Goals

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Presented by

UNEP FI, UNEP-WCMC & Global Canopy, with special guests: Credit Suisse and Citi

About this talk

Expert Speakers: Jessica Smith (UNEP FI), Sebastian Bekker (UNEP-WCMC), Niki Mardas (Global Canopy), Raul Manjarin (Credit Suisse), Frazer Lanier (Citi). Alongside tackling climate-related risks, financial institutions are increasingly looking to address the critical issue of biodiversity and nature loss. Momentum is building in the run up to the 2021 United Nations biodiversity conference, CBD COP 15, where countries are expected to set new targets for conserving plants and animals across land and oceans. Join us as we launch a ground-breaking new biodiversity module – part of the online ENCORE tool – which will enable financial institutions to identify and manage biodiversity-related risks and opportunities. At the cutting-edge of sustainable finance, over 30 financial institutions have been involved in the development of the module, which focuses on the agriculture and mining sectors and allows banks and investors to answer the following questions: - Are my financial assets at risk from biodiversity loss? - Am I dependent on biodiversity through my investment or lending portfolio? - Am I harming or building the resilience of biodiversity with my investments? Using this key information, and in combination with other tools, financial institutions can be in a position to start setting biodiversity targets across their activities. Join our experts to learn how the tool can work for you and hear from some of the banks and investors who have been beta-testing the tool on why this could be a turning point for the industry. ENCORE stands for ‘Exploring Natural Capital Opportunities, Risks and Exposure’; developed by the UN Environment Programme World Conservation Monitoring Centre (UNEP-WCMC), the UN Environment Programme Finance Initiative (UNEP FI) and Global Canopy. Collectively these organisations represent the Natural Capital Finance Alliance (NCFA). ENCORE is generously funded by the Swiss Federal Office for the Environment.
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United Nations Environment Programme Finance Initiative (UNEP FI) is a partnership between United Nations Environment and the global financial sector created in the wake of the 1992 Earth Summit with a mission to promote sustainable finance. More than 240 financial institutions, including banks, insurers, and investors, work with UN Environment to understand today’s environmental, social and governance challenges, why they matter to finance, and how to actively participate in addressing them. UNEP FI’s work also includes a strong focus on policy – by facilitating country-level dialogues between finance practitioners, supervisors, regulators and policy-makers, and, at the international level, by promoting financial sector involvement in processes such as the global climate negotiations.