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  • 1.  Biodiversity report

    Posted 31-08-2023 09:51
    Edited by Aya Pariy 31-08-2023 09:53
      |   view attached

    Stepping up on Biodiversity Report 

     The Kunming-Montreal Global Biodiversity Framework (GBF), adopted in December 2022 (COP15), aims to  

    guide global action on biodiversity and nature. In the face of unprecedented biodiversity loss, the GBF provides  

    a framework for action to halt and reverse the loss of biodiversity: investors wishing to show leadership  

    in responsible investment should seek to align themselves with its objectives, to help them manage  

    nature-related risks and opportunities.  

     

    The Kunming-Montreal Global Biodiversity Framework (GBF) was adopted during the  

    fifteenth meeting of the Conference of the Parties (COP 15) following a four year consultation and negotiation process.  

    This historic Framework, which supports the achievement of the Sustainable Development Goals and builds  

    on the Convention's previous Strategic Plans, sets out an ambitious pathway to reach the global vision of a world  

     living in harmony with nature by 2050. Among the Framework's key elements are 4 goals for 2050 and 23 targets for 2030. 

     

    https://www.cbd.int/gbf/   

     

    This report, from the UNEP Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI) and  

    the Finance for Biodiversity Foundation, provides an overview of the key implications for investors of the goals and  

    targets of the GBF, to support them in managing associated risks and preparing for anticipated policy developments. 

     

     Our champions, David Manuel and Confidence Mafoti, are collaborating on biodiversity research and white paper. Look 

    forward to hearing from them on this issue. 

     

    Do we have members involved in biodiversity projects? What's your take on the future potential? 



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    Aya Pariy
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    Attachment(s)

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    Stepping-up-on-Biodiversity.pdf   1021 KB 1 version


  • 2.  RE: Biodiversity report

    Posted 04-09-2023 22:56
    Edited by Confidence Mafoti 05-09-2023 07:04

    The report is a useful reference for investors to implement the Kunming-Montreal Global Biodiversity Framework (GBF) four overarching goals. lt outlines the benefits of aligning potfolios with GBF, notably to manage risks and to prepare for regulatory shifts. 

    The goals are intended to address the top biodiversity issues including endangered species and deforestation. Stopping human induced species extinction and the sustainable use of natural capital helps to address these key issues.


    Canada Pension Plan board decision is a good example of GBF alignment planning to invest $30 million in The Amazon Reforestation Fund, with an objective to reforest Brazilian pastureland by using native tree species to rebuild the forests of the Amazon. Brazil has the most severe risk incidents due to its largest area of rainforest within the Amazon rainforest.

    One of the 23 GBF targets worth noting is the reduction in harmful subsidies. Bioenergy companies which have benefited from subsidies have been criticised of the ecological and social impacts they cause. A survey by RepRisk in 2021 showed that the Alternative Energy sector recorded the most biodiversity risk incidents, mostly coming from biofuels. Although bio fuels have been favoured for lower emissions relative to fossil fuels it becomes counterproductive when a solution causes harm elsewhere. Here the recommendation to engage with high risk investee companies can help to obtain more information from them to help assess and mitigate underlying risks.

    https://www.reprisk.com/news-research/reports/biodiversity-risk-by-the-numbers

    https://www.netzeroinvestor.net/news-and-views/briefs/canada-pension-plan-invests-30m-in-amazon-forest-fund



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    Confidence Mafoti
    Portfolio Manager
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    Original Message


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