In a new push for the valuation of biodiversity into finance, UNEP FI and partners German Federal Agency for Nature Conservation and the Association for Environmental Management and Sustainability in Financial Institutions (VfU) launched a one-of-a-kind set of guiding principles earlier this month. The Biodiversity Principles – Recommendations for the financial sector, which was developed by and for financial institutions to hardwire biodiversity across the finance industry, steps up efforts to patch the current disconnect between financial sector and environmental protection advocates. The guide specifically details how to integrate biodiversity in research activities, asset management, retail banking, insurance and re-insurance, corporate banking, investment banking and global markets as well as project finance. “Financial institutions are increasingly beginning to recognize the importance of biodiversity,” said sustainability manager at HypoVereinsbank Irina Detlefsen. “We hope that this guide will give a boost to such a major and under-addressed topic.” German version
Published: 2011 | by: VfU, Bundesamt für Naturschutz, UNEP-FI

Biodiversity Principles – Recommendations for the Financial Sector (450 KB | 16 pages)