The fourth edition of ‘Biodiversity Measurement Approaches – A Practitioner’s Guide for Financial Institutions’ was released on 26 October 2024 at COP16 in Cali, Colombia. It was presented during an event on biodiversity measurement approaches at the Finance and Biodiversity Pavilion at CBD COP16 in Cali, with a panel of experts in the field.
Jointly developed by the Finance for Biodiversity Foundation and the EU Business & Biodiversity Platform, this guide covers an assessment of 12 tools. The majority of these tools have multiple applications and can be used for different purposes, including supporting investor engagement programs, portfolio management strategies, and other investor decision-making processes.
This new edition expands on the work laid by its previous editions by assessing four new tools. It includes updated information for all tools, new case studies per tool, updated sections on data challenges and measurement recommendations for financial institutions, and criteria for assessing and describing the tools. More specifically, the Guide emphasises the suitability of each tool for specific organisational focus areas, business applications and asset categories, while outlining their respective strengths and limitations. Additionally, it provides detailed information on each tool’s data and resource requirements, along with insights into the scopes and pressures covered. It is also aligned with the Fifth edition of the report on the Assessment of Biodiversity Measurement Approaches for Businesses and Financial Institutions launched by the EU Business and Biodiversity Platform.
Download the guide here to stay updated on the biodiversity measurement approaches for financial institutions.
Details
- Publication date
- 26 November 2024
- Author
- Directorate-General for Environment