Investing in Marine Protected Areas (MPA) pays off, according to the results from a pilot project to study the benefits that Mediterranean marine reserves provide to economy and society, which has been promoted by Marilles Foundation and developed in collaboration with Ecoacsa, the Balearic Center for Applied Biology (CBBA) and the British company eftec. ...

From 30 November to 1 December, 2021 business leaders and policymakers will meet in November at the 2021 European Business and Nature Summit (EBNS) - a high-level political and technical forum - to capitalise on the growing awareness that businesses impact and depend on nature and the ecosystem services it provides. They will aim to mobilise the business community and strengthen the European "Business for Biodiversity movement" called upon by the EU Biodiversity Strategy for 2030....

In the framework of Align project, at the beginning of June took place an open webinar on “Integrating biodiversity into natural capital”, where representatives from ASN Bank, BNP Paribas Asset Management and ING Group participated sharing their experience on how they are addressing risks related to natural capital in financial decisions. ...

#TheRaceIsOn is a multi-stakeholder campaign that creates a ‘race to the top’, encouraging governments to turn commitments into urgent actions to secure a nature-positive world by 2030, in support of climate action and the Sustainable Development Goals. The launch of the campaign accompanies the news that leaders of Japan and the Republic of Korea have endorsed the Pledge, committing to integrated action on nature, climate and people. Pledge endorsers now represent 37.45% of global GDP and over 2 billion people, signifying a groundswell of action to tackle the twin crises of climate and biodiversity loss....

The race is on to ensure a nature positive world, in support of climate action and the Sustainable Development Goals. The Leaders's Pledge for Nature initiative is supported by governments and other partners and non-state actors, including Ecoacsa, who jointly have launched #TheRaceisOn campaign to drive action and ambition across countries, businesses and society and elevate nature and biodiversity loss ahead of the biodiversity and climate COPs 2021, and beyond in a decade of action....

Ecoacsa Reserva de Biodiversidad and Universidad Politécnica de Madrid (UPM) have conducted an assessment across the IBEX 35 on how they publicly reported biodiversity-related information in 2019. The main conclusions and results of the analysis have been compiled in the report Nature in the Spanish stock exchange. To what extent is biodiversity relevant to the IBEX 35? The results of the 2019 biodiversity corporate performance index on reporting and disclosure of the IBEX 35 show that biological diversity is a material issue for 17 companies (48,6%). By activity sector, energy has obtained the highest score based on the sum of eight indicators taken into account to assess the correct integration of biodiversity by Spanish listed companies’ reporting and disclosure, with 53%. This sector is followed by basic materials industry (24%), consumer goods (22%), consumer services (18%), real state services (15%), finance services (13%) and technology and communications (12%).The methodology followed to followed to conduct the analysis has been developed by Endangered Wildlife Trust (EWT) in the framework of the Biodiversity Disclosure Project, which is based on publicly available data (sustainability reports published in the Spanish Stock Market Commission, biodiversity reports, websites)....

The Align project organises its first project-wide event from June 3 – 10 by attending a series of seminars and workshops dedicated to natural capital management accounting and biodiversity measurement. The first event is open to the public and will be a seminar on Natural Capital Management Accounting on 3 June (3.00- 6.00 pm CEST). Here we will be identifying biodiversity-inclusive, natural capital management accounting practices within financial institutions that the Align project can promote in future guidance. We will draw on real-life applications from ASN Bank, BNP Paribas Asset Management and ING Group to show how natural capital and biodiversity are integrated into financial decision making....

Dozens of global NGOs and business organisations have published a paper making the case and setting out the scientific justification for a Global Goal for Nature, the equivalent of the universal climate goal of ‘1.5 degrees or under’. The Global Goal for Nature is seen as a necessary vision and ambition to counter the current lack of action for nature protection, epitomized by the recent UK Treasury Dasgupta review showing that we have collectively failed the natural world, with demands far outstripping its capacity to supply us with goods and services, putting at risk the prosperity and health of current and future generations. ...

The Align project recently presented has launched its first Annual Survey to gather input from businesses and financial institutions across the EU (and beyond) to develop guidance and recommendations on a standard for biodiversity measurement and natural capital management accounting. Align is a three-year business-focused and business-driven project. ...

The Network for Greening the Financial System (NGFS) and the International Network for Sustainable Financial Policy Insights, Research, and Exchange (INSPIRE) have launched a joint Study Group on ‘Biodiversity and Financial Stability’. The objective is respond to the need identified by central banks and supervisors consisted in extending their focus from climate change to the challenges of addressing the implications of broader nature-related risks and the conservation of nature and biodiversity. Doing this will involve understanding the impact of finance on the provision of key ecosystem services as well as the consequences of biodiversity loss for financial stability. To respond to this emerging agenda, the Study Group will conduct a programme of research and dialogue to address these challenges and propose recommendations for action and further inquiry. The goal of the research initiative is to establish an evidence-based approach to how central banks and supervisory authorities could fulfil their mandates in the context of biodiversity loss, with a focus on land-use and deforestation....