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GID Biodiversity Impact Data included in the Finance for Biodiversity’s Guide for Biodiversity Measurement Approaches

GID biodiversity has been selected by the Finance and Biodiversity Community and the Finance for Biodiversity Foundation for the ‘Guide on biodiversity measurement approaches’, now featuring both in the second and third edition of the Guide. This positions GID Biodiversity in the top global approaches for financial institutions to measure the biodiversity impact of their activities.

The 3rd edition of the Finance for Biodiversity (FfB) Guide on Biodiversity Measurement Approaches was recently released.
It features GID Biodiversity among nine leading global biodiversity measurement tools. The approaches were selected based on scientific robustness and coverage of all the main drivers of biodiversity loss.

Inclusion in the FfB measurement guide is a step towards making the Global Impact Database a vital tool for global Financial Institutions to measure impact. While the team plans to join more collaborative groups to help organisations realise global impact related initiatives, Impact Institute is also a member of the TNFD Forum and, with its GID, part of the TNFD Data Catalyst.

Biodiversity loss represents a critical global challenge.

Financial institutions are exploring ways to quantify the impacts of their activities on biodiversity. The FfB biodiversity measurement guide provides a comprehensive overview of 9 different measurement approaches that are relevant to the financial sector, including business applications, asset categories, scopes and biodiversity pressures covered, as well as strengths and limitations of each.

GID Biodiversity is a quantitative biodiversity impact database, built on 10 years of experience in the field of impact measurement. It is used by organisations to understand, report and act on the impact of their portfolios. It integrates insights from a variety of data sources to allow users to identify biodiversity drivers at a high-level or to dive into specific portfolio constituents. The main benefits of GID biodiversity are:

  • Access global geographic and sector data, including emerging markets and other difficult to find portfolio constituencies 
  • Investigate upstream and downstream value chain segments, getting a better and more detailed understanding of value chain impact
  • Compare biodiversity impact with several other impact themes and financial metrics, thanks to the monetary valuation of impacts
  • Avoid double counting, to prevent portfolio impact overestimates
  • Identify and assess nature-related issues in alignment with the TNFD LEAP framework

An example: ABN AMRO Impact on Biodiversity report

As an example application of GID Biodiversity data, ABN AMRO – one of the frontrunners in the financial sector on reporting on its value creation to society – recently published its ‘Impact on Biodiversity’ report. The Dutch bank used our GID biodiversity approach to assess the impact of its portfolio on biodiversity in a transparent and measurable way.

ABN AMRO's impact on biodiversity

About the F&B community

The Finance@Biodiversity Community, part of the EU Business@Biodiversity Platform, provides a “forum of dialogue between financial institutions to share experiences, raise awareness and promote best practices at EU level on how to integrate biodiversity and natural capital into mainstream financial activities and foster investments in natural capital”.
It aims to accelerate the process of learning and support implementation both at strategic level and in practical experience, thereby supporting the transition towards a sustainable financial sector. In 2020, the F@B Community launched the Finance for Biodiversity Pledge. A growing number of financial institutions calls on global leaders to agree on effective measures and commit to collaborate, engage with companies, assess impact, set targets, and report publicly.

More information

  • Our GID Biodiversity data solution estimates biodiversity impact and provides actionable insights. Find out more, get in touch and Request a free biodiversity quick scan.
  • Biodiversity Knowledge for professionals: read the guide.
  • ABN Amro Impact on Biodiversity. About the report.
  • For further information about the Global Impact Database, please visit our GID page. We offer verified and robust data, estimating impacts for organizations, countries and sectors worldwide.

Time for you to understand and
manage your biodiversity footprint

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