A research and innovation programme that will embed biodiversity into the financial system has launched a network and hub to deliver its second phase.
Incorporating biodiversity impact in financial decision-making is critical to ensure we can reduce the global economy’s damage to the planet and improve sustainability.
The £7 million programme is funded by the Natural Environment Research Council (NERC) and Innovate UK, part of UK Research and Innovation (UKRI).
Enabling green economic growth
The programme’s new network and strategic coordination hub have received £3 million of that investment to utilise the outcomes delivered in the first phase of the programme.
This multi-stakeholder community will build knowledge, tools, collaboration and capacity that can support this goal. The network will connect with the financial services sector as well as business, public and third sectors.
Restoring our biodiversity
The Integrating Finance & Biodiversity for a Nature Positive programme has three flagship initiatives:
Financing green sector transitions
This initiative supports the agricultural sector, which accounts for over 70% of landcover, to restore nature.
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Posted On: 18/03/2024