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Partnership for Biodiversity Accounting Financials (PBAF) and Impact Institute announce cooperation to enhance biodiversity knowledge for Financial Institutions

Partnership for Biodiversity Accounting Financials (PBAF) and Impact Institute announce cooperation to enhance biodiversity knowledge for Financial Institutions

In a collaboration aimed at advancing practical knowledge on biodiversity impact and dependency assessmentsPBAF and Impact Institute have announced a collaboration to work together on a biodiversity capacity–building programme.

The ‘Finance & Nature Toolbox’ programme consists of, amongst other things, an awareness programme of training and webinars and of building a ‘Finance and Nature Toolbox’ – guide, supporting Financial Institutions (FIs) to take action on biodiversity.

The programme, made possible by the Global Commons Alliance and Rockefeller Philanthropy Advisors, aims to familiarise FIs with biodiversity impact and dependency assessment tools available on the market and to encourage utilising those tools in practice.

Look forward to webinars, training materials and a coherent guide on the best tools for biodiversity-related risk measurement and management, and how to put those tools into action.

Over the last few years, a variety of tools and databases have become available for biodiversity impact assessment and, to a lesser extent, for assessing dependency on ecosystem services. Yet, the type and accuracy of the assessment results and what they mean for the use of these tools are often unclear. The number of tools and databases to assess biodiversity is rapidly increasing, further adding complexity to the financial industry. 

There is a clear need for practical information and guidance on the use of tools in the finance and biodiversity fieldThis is precisely what the capacity-building programme is destined to do: provide FIs with hands-on support to put the right tools to use. 

Interested to join this programme? Please contact us at info@pbafglobal.com