UNEP launches new sustainable land use finance impact directory
Financial institutions around the world can now measure the positive impact of their investments into biodiversity conversation, adaptation, mitigation, forest protection and sustainable livelihoods with the help of a new indicator directory and resources platform, launched today. The Land Use Finance Impact Hub and its Positive Impact Indicators Directory – launched today by UN Environment Programme (UNEP) Climate Finance Unit and the UNEP-World Conservation Monitoring Centre (UNEP-WCMC) – has been developed with and for impact funds and sustainably focused financial institutions, and aims to support the rollout of effective industry frameworks to track the environmental and social impacts of land-use investments. To successfully tackle the triple planetary crisis of climate change, nature loss, and pollution, leaders are calling for the world to become not only net-zero but also nature positive, for the benefit of both people and the planet. This represents a real paradigm shift with the economic imperative to not only minimize impact but also restore ecosystems. Banks and investors are waking up to this urgent need, and are looking for guidance and practical solutions to help drive nature-positive land-use investments. The new tool will enable the implementation of the policy efforts across the finance industry and encourage capital flows into nature positive assets and activities. Strong impact-measurement frameworks are key to driving public and private investor confidence, attracting diverse sources of concessional finance, and mainstreaming private capital across biodiversity conservation, climate adaptation, climate mitigation, forest protection, and sustainable livelihoods. They align with a global focus on nature-based solutions, based on the newly adopted resolution at the 5th UN Environment Assembly. “Coming hot on the heels of the Task Force on Nature-related Financial Disclosures (TNFD) beta-framework release, the new Land Use Finance Impact Hub provides an important resource for financial institutions to ensure they are properly considering their environmental and social impacts. The Positive Impact Indicators Directory is a valuable and unique starting point for institutes to track their positive impacts – and aligns with the TNFD call for greater disclosure on nature-related opportunity identification and disclosure,” said Matt Jones, Head of Nature Economy at UNEP-WCMC. The Positive Impact Indicators Directory is a harmonized shortlist of key performance indicators, designed to encompass fundamental aspects of sustainable land use investment such as the natural habitat area that is effectively protected [...]
Recent Comments