Guide with tools and methodologies for financial institutions to measure biodiversity. We created this overview with members of the EU Finance & Biodiversity Community and the Finance for Biodiversity Foundation.

Guide with tools and methodologies for financial institutions to measure biodiversity. We created this overview with members of the EU Finance & Biodiversity Community and the Finance for Biodiversity Foundation.

Context

Financial institutions are looking for ways to measure the impact of their financing. They do this to assess the risk of biodiversity loss associated with their financing and to contribute to ecosystem restoration. The fifth edition of the guide helps financial institutions understand and apply the methodologies and tools currently used to measure biodiversity impact. NextGreen developed the guide with and for the members of the EU Finance & Biodiversity Community and the Finance for Biodiversity Foundation, in collaboration with various tool developers.

Approach and activities

The members of the Finance & Biodiversity Community (part of the EU Business & Biodiversity Platform) determined the structure of the guide’s content and the criteria for the tools to be included. The guide provides banks, insurers, investors, and impact funds with various decision tables for selecting appropriate measurement methods and detailed descriptions for each tool. The fifth edition includes thirteen tools and features an additional chapter on measuring impact on the oceans.