EU Business & Biodiversity platform

Business and finance interest in measuring biodiversity performance is growing rapidly, driven by the need to better inform risk assessments and decision-making across industry sectors. The EU Business @ Biodiversity Platform aims to respond to the demand for more clarity on biodiversity data by offering a full webinar series on biodiversity data for businesses. In the last two sessions of the webinar series, the focus will be on innovative developments in the field of biodiversity data collection (26 Oct) and future development in the biodiversity data landscape (28 October).

On 28 October 2021, BirdLife International and the EU Business@Biodiversity Platform, in cooperation with HeidelbergCement AG, will launch the Extractive Sector Species Protection Code of Conduct. Seeking to build on the provisions of the EU’s Birds and Habitats Directives, and without conflicting with EU law, the Code of Conduct demonstrates the Extraction Sector’s commitment to conserving nature through the implementation and management of temporary habitats. Join the live launch event with representation by the signatory associations and endorsement of the European Commission.

The Finance and Biodiversity Community (F@B Community) and workstream Methods, both part of the EU Business@Biodiversity Platform, and the Finance for Biodiversity Foundation have prepared the next quarterly update of the "Finance for Biodiversity: Guide on biodiversity measurement approaches." The guide provides a comprehensive overview of the six tools for measuring biodiversity currently in use by financial institutions: CBF, BFFI, STAR, GBSFI, BIA and ENCORE.

Minister of State for Heritage Malcolm Noonan TD and Minister of State for Land-Use and Biodiversity Senator Pippa Hackett have announced joint departmental backing for a national Business and Biodiversity Platform to help the private sector take practical, measurable actions to address the biodiversity crisis.

The Transparent project is developing a standardized natural capital accounting and valuation methodology that provides decision-makers with the information to generate long-term value and to improve business resilience and an overview of impacts and dependencies of businesses on the environment, communities and society. The project is now looking for businesses to pilot the methodology. Piloting businesses will be supported by the Transparent team and will gain insights into their impacts and dependencies on natural capital and how this information can inform decision-making processes.