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Biodiversity footprinting metrics C ommon Ground paper EIB, Brussel, 17 September 2018

Biodiversity footprinting metrics Common Ground paperec.europa.eu/environment/biodiversity/business... · 9/17/2018  · given in this presentation. the information can contain technical

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  • Biodiversity footprinting metrics

    Common Ground paper EIB, Brussel, 17 September 2018

  • PublicClassification: Page:

    ▪ Contacts through the EU B@B and initiative on Platform for

    Biodiversity Accounting Financials (PBAF) in the Netherlands

    ▪ March 2018: launch of the informal working group

    ▪ Objective: establish a solid basis (common ground) for a

    biodiversity footprinting methodology for financials in

    2018

    ▪ Relevant for non-financial institutions (and CDC Biodiversité

    works with about 20 non-FI through the B4B+ Club, with an

    adapted approach)

    2

    History of the partnership

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    1. CBD targets or national assessment

    2. Portfolio / corporate assessment

    3. Supply chain comparison

    4. Product assessment

    5. Project assessment

    3

    Uses of biodiversity footprint assessments

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    Requirements

    ▪ Transparent & consensual

    ▪ Understandable

    ▪ Responsive to changes

    ▪ Cover the most important pressures on

    biodiversity

    ▪ Quantitative link between pressures and

    impacts

    ▪ Complementary and compatible with local

    indicators

    ▪ Relevance

    ▪ Rigor

    ▪ Consistency

    4

    Points of departure

    Desired characteristics

    ▪ Focused on biodiversity and not just

    ecosystem services (common and

    charismatic species)

    ▪ Cross-sectoral

    ▪ Global

    ▪ Covering the entire value chain

    ▪ Practicability

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    Our approach – Methodological steps

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    ▪ In line with the Greenhouse Gas Protocol’s approach

    ▪The attribution of the impacts must be consistent

    with the accounting choices of the entity assessed in

    terms of what it controls:

    ▪ Financial control (>50%)

    ▪ Operational control

    ▪ Share of the assets owned (pro rata)

    6

    Step 1 - Attribution to a portfolio or a holding

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    Step 1 – Impacts in the value chain: scopes

    Year n-1

    Year n

    Scope 0Scope 3

    (variations)

    Scope 1

    The GBS’ scopesScope 2

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    ▪ To avoid, reduce and offset impacts:

    ▪ Additional measures and safeguards are needed

    ▪ Complementary indicators can provide guidance

    ▪ For instance, for location-specific characteristics like

    “Proximity of HCVA’s/protected areas” or “Presence

    of endangered or threatened species”:

    ▪ Company has a Biodiversity Management Plan in

    place (e.g. area registered as a VCA)

    ▪ Indicators: field ecological monitoring, Red List-

    based indicator

    8

    Step 4 - Investment policy options

    Pictu

    re: D

    avid

    Behre

    ns

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    ▪End of 2018: publication of a short paper on our common approach

    ▪27-29 November 2018: BBOP and EU B@B annual meetings, building

    roadmaps to achieve net positive impact

    ▪November 2018: side-events at CBD COP14

    ▪ Use of biodiversity footprints in strategic business decisions and

    investments

    ▪ Enabling environments for biodiversity footprints to facilitate a biodiversity

    net gain future

    9

    Toward common ground on indicators and roadmaps

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    ACTIAM Pilot on biodiversity footprinting: trase

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  • Biodiversity footprintingBrussel, 17 September 2018

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