Banking on nature. What the Kunming-Montreal Global Biodiversity Framework Means for Responsible Banks

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Banking on nature. What the Kunming-Montreal Global Biodiversity Framework Means for Responsible Banks

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Temáticas
Integrating biodiversity into a business context Nature conservation and restoration Sustainable investment

As part of a series of publications to help financial institutions understand the relevance and implications of the Kunming-Montreal Global Biodiversity Framework (GBF), this report provides banks with a first overview of how the GBM applies to their industry, across the axes of risk, opportunities, dependencies and impacts. It aims to support the industry in managing associated risks, capturing relevant opportunities, and preparing for anticipated policy developments that will generate new compliance and disclosure requirements.

Written by UNEP FI and its Principles for Responsible Banking (PRB), it presents the key implications for banks of the GBF's goals and objectives, and provides practical examples for a bank's various departments on immediate actions that can be taken.

The report is complementary to A Step Forward on Biodiversity: What the Kunming-Montreal Global Biodiversity Framework Means for Responsible Investors. It will then be accompanied by an updated guide for the establishment of PRB biodiversity targets after a joint development process with the participating signatory banks.

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