By the end of 2023, the Basel Committee on Banking Supervision (BCBS) will issue a consultation paper on climate-related disclosure requirements that it intends to add to international standards for capital requirements. We urge the Basel Committee on Banking Supervision to be more ambitious and incorporate broader nature risks, not only climate risk, in their upcoming consultation.

Today, on World Environment Day, we reflect on the latest round of negotiations towards a Global Plastic Pollution Treaty and what financial markets should take away from the discussions.

To have any hope of limiting climate heating to 1.50C: stopping deforestation and cutting methane emissions by 45% before 2030 are essential to meet our interlinked climate, nature and development goals and significantly reduce the food system’s GhG footprint. Transforming the energy system alone will not be sufficient.

Unfortunately, many financial institutions have been ignoring the problems of deforestation and methane emissions for far too long. 61% of financial institutions covered by Global Canopy’s latest Forest 500 survey do not have any policies to tackle deforestation in their lending or investment portfolios. With only seven years left to achieve these targets, action must be taken now.

Next month, formal negotiations will start on a legally binding treaty to end plastic pollution. Although there appears to be little disagreement about the pervasiveness of plastic pollution, how to resolve this will prove problematic. Who should take responsibility for the present situation and how should this influence future responsibilities?

In November, formal negotiations on a legally binding treaty to end plastic pollution will commence and in the next 2 years the treaty will discuss the full life cycle of plastic. Click here to learn more about the policy negotiations and how plastic consumption can affect them.

This report explores how the global seafood industry could unlock a USD 600 billion-dollar boost in global seafood enterprise valuations through improved traceability.

Just as sustainability standard setters are consolidating into the more powerful International Sustainability Standards Board (ISSB), an influential participant, the Sustainability Accounting Standards Board (SASB), has recommended improved disclosures for plastics risks and opportunities.

This report explores whether 100% sea-to-plate traceable seafood is a viable reality, with only 29% of global production currently traceability-ready, what it would take to achieve 100%, and what the implications would be for the industry at large.

Introducing IUCN Green List bonds, whereby increased funding for protected areas is supplied by investors in the bond and tied to increased conservation efficiency (namely when a protected area joins the IUCN Green List). This eliminates the risk of ‘paper parks’, de-risks public funding, and aligns investors returns with conservation efficiency.