The Pioneers workstream facilitates dialogue and cooperation between leading financial institutions and businesses to gain deeper understanding from practice, consolidate lessons learned and identify opportunities and solutions to scale up biodiversity considerations in corporate decision-making.
The Pioneers workstream seeks to advance practice on a variety of topics including:
The workstream brings together leading financial institutions through its Finance and Biodiversity Community.
Finance and Biodiversity Community
The workstream has been running the Biodiversity and Finance Community since 2016, when 14 financial institutions were pioneering members. Now the Community counts more than 30 member institutions, including: ABN AMRO, Achmea Investment Management, Actiam, Affirmative IM, Althelia, ASN Bank, AXA Investment Managers, Bank of Ireland, Bankinter, Bloomsbury Natural Capital Ltd., CDC Biodiversité, Conservation Capital, Demeter Partners, EIB, Finance in Motion, FMO, FUND NATURE, Gay-Lussac Gestion, GLS Bank, ING, INOCAP Gestion, Kreab, LHV, Mirova, Ossiam, PensionDanmark, PGGM, PKA A/S, Piraeus Financial Holdings, Planet A, Pymwymic, Rabobank, ,Resona Asset SCOR, UFF and Vert Asset Management.
The Community also includes a series of supporting platforms including: ACCA, Agence Française de Développement, CDSB, Dutch Enterprise Agency, European Banking Federation, NCC, NCFA, VBDO and UNEP FI.
The Finance@Biodiversity Community provides a “forum of dialogue between financial institutions (FIs) 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. Members of the F@B Community welcome new signatories to collaborate on these topics within the Community meetings.