Land Acquisition Fund: urgent action prevents mining in…
05 April, 2024
Land Acquisition Fund: urgent action prevents mining in…
05 April, 2024
Call for letters of inquiry for small grants…
01 April, 2024
Thursday 14 october 2021
Header photo: monarch butterfly by James Wheeler on Unsplash
These and other findings are presented in the theme study ‘Biodiversity integration in the Dutch financial sector: Why it’s critical to be proactive and invest in nature’.
The study outlines the importance of biodiversity, and sets out why biodiversity loss is a misunderstood risk.
‘Worldwide biodiversity is decreasing at a rapid pace. Activities to conserve nature must be scaled up if we are to turn the tide,’ says Heleen van den Hombergh, Senior Expert Agro-Commodities at IUCN NL. ‘Companies and financial institutions have a key role to play in this.’
Yet the survey shows that only five financial institutions in the Netherlands have biodiversity policies with specific proactive elements to prevent harmful practices by their investee companies or clients. The banks are leading in this regard, while only two investors follow a dedicated list of standards and conventions for the prevention of biodiversity decline.
‘The time to act is now,’ Van den Hombergh states. ‘Financial institutions should not wait for legislative action or ‘the right data’, but act upon the best practices that are already available in the market’. The report present five recommendations for financial institutions to create a positive biodiversity impact:
05 April, 2024
The Alliance for the Tompotika Conservation has secured important habitat of the maleo on the Indonesian island of Sulawesi through…
01 April, 2024
The Critical Ecosystem Partnership Fund (CEPF) and its regional implementation team (RIT) for the hotspot, are accepting letters of inquiry (LOIs) from…