The workstream will seek to identify sectors causing biodiversity loss which might be vulnerable to litigation, public opprobrium, or shareholder preference and where activities might be insurable against biodiversity loss. The work will look for harms related to the activities which might offer greater legal or public traction, such as corruption and damage to health. The work will carry out due diligence on the likely effectiveness of precedent setting and forms of liability. It will engage with large shareholders and identify levers that would shift attitudes and willingness to take action.
This workstream scans opportunities for fintech to accelerate the democratisation of financial choices relating to biodiversity and the financialisation of biodiversity and then helps to position them for application at scale, potentially working alongside fintech providers or their customers.
This project provides analytical and research support to the communication and campaigning projects on demand. It may also inject this evidence and analytical support into the public debate via high-profile third-party initiatives that have potential to have large leverage. It will provide intelligence on the status of public and corporate policy and will make use of and extend networks and relationships in critical places to enhance the effectiveness of the civil mobilisation project.
Our big deals and offsets work focuses on unlocking at-scale finance for biodiversity-positive nature-based solutions. Primarily, this aims to ramp up land use carbon offset markets and ensure high quality biodiversity standards are hardwired into institutional processes and market mechanisms. We work with leading partners in the space to enable existing communities to move closer towards large-scale transactions. In addition, our approach considers whether and how innovative financial instruments can work alongside the offset market to crowd in private investment to the space.
RESPONSE TO CRISIS
Nations across the globe are reeling from the economic and financial impacts of the COVID-19 pandemic. The collapse in government revenues threatens to reverse years of steady economic progress, particularly in emerging markets. The F4B’s work in this area is examining the response to this, and the opportunities to consider new pathways that can alleviate the pressure on sovereigns, while locking in sustainable finance solutions and increasing biodiversity resilience. Our work on this currently includes exploring the opportunities for Nature Performance Bonds to alleviate the emerging Sovereign debt crisis, and our work on the Green Stimulus Index.