The third edition of the ‘Guide on Biodiversity Measurement Approaches’ has been released. This comprehensive guide was developed by the EU Business & Biodiversity Platform and the Finance for Biodiversity (FfB) Foundation.
Expanding on the work laid by its previous editions, the Guide’s third edition offers information and assistance to financial institutions in understanding the existing approaches for measuring their interactions with biodiversity.
Key messages
- New Tools: Nature and Biodiversity Metrics (MSCI) and Biodiversity Impact Assessment Tool (ISS ESG).
- Updated Framework: Tools categorized by TNFD LEAP approach.
- Refreshed Content: Updated tool descriptions, links, and TNFD reporting suitability.
- Expanded Data Section: New content on biodiversity data types and sources.
Tool Categories
- Sector screening: ENCORE.
- Location screening: IBAT, NBM.
- Dependencies & impacts: BFFI, BIAT, BIA-GBS, CBF, GBSFI, GID.
Why It Matters: Helps financial institutions measure biodiversity impact, aligning with the Finance for Biodiversity Pledge. Built on EU Business Biodiversity Platform reports.
