Financial Sector Guide for the Convention on Biological Diversity. Key Actions for Nature

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Financial Sector Guide for the Convention on Biological Diversity. Key Actions for Nature

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Integrating biodiversity into a business context

The Financial Sector Guide to the Convention on Biological Diversity aims to mobilize financial institutions to ensure a nature-positive world. As part of a collaboration between the Convention on Biological Diversity (CBD) and four partners representing business and the private financial sector: UNEP FI, Business for Nature, Finance for Biodiversity Pledge and PRI, several UNEP FI members participated in the group work that directly contributed to the development of the guide.  

The guide, which is aimed at all financial institutions, stakeholders and partners, aims to mobilise financial institutions to ensure a nature-positive world, fostering a better understanding of the importance of nature to the financial sector and providing insight into the CBD process. The guide is the first of its kind between the CBD and partner organizations and the financial sector.

Raising awareness of the importance of nature for the financial sector is becoming increasingly crucial. The continued loss of biodiversity puts global economies at risk, and the financial sector, significantly exposed to nature, has a critical role to play in transforming the current financial system, with a view to aligning financial flows for a nature-positive world.

Members of the financial sector can contribute to curbing nature loss and align their financial flows with nature-positive outcomes by:
  • advocating for and calling for an ambitious and transformative post-2020 global biodiversity framework;
  • collaborating and joining initiatives in favor of biodiversity such as the United Nations Environment Programme Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI), Business for Nature and the Finance for Biodiversity Commitment.
  • adapt their investment strategies and engage with companies;
  • assess their risks, impacts and dependencies;
  • setting targets in line with the global targets and the post-2020 global biodiversity framework; and
  • publicly report on positive and negative contributions to biodiversity through the use of the Task Force on Nature-Related Financial Disclosures (TNFD) or similar approaches.

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