UN Summit to Seek Support From Bankers to Stem Biodiversity Loss
The goal is to “mainstream biodiversity in financial sector decision-making.”
Photographer: Ph. Francesco Ciccotti/Getty Images
Organizers of a United Nations summit where world leaders will seek to negotiate an accord for nature akin to the Paris climate agreement want banks and fund managers to play their part in protecting the planet’s biodiversity.
Ahead of the UN Convention on Biological Diversity, which is scheduled for October in Kunming, China, the CBD Secretariat, the group of international civil servants that help prepare and run the event, is meeting with officials from banks, asset managers and insurance companies to discuss what needs to be done to “mainstream biodiversity in financial sector decision-making,’’ said Odile Conchou, financial sector focal point at the Secretariat in Montreal.