Advisory Board of the EU B@B Platform - EU B@B
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Advisory Board of the EU B@B Platform 11 February 2021 from 14:00-15:30h CET Chaired by Mr. Stefan Leiner, Head of the Biodiversity Unit at the European Commission EU B@B Platform
Agenda Introduction 14:00-14:10 Welcome & introduction: Business and Biodiversity, a fast-moving agenda at EU and global level 14:10-14:15 Progress of the EU B@B Platform on its mission and focus on USP 14:15-14:30 Presentation of the priorities identified for 2021 Interactive session 14:30-15:20 Fostering synergies to engage business on biodiversity by sharing feedback and expectations 15:20-15:30 Wrap up: fostering biodiversity in other policy agendas 2
EU Business @ Welcome & introduction: Biodiversity Platform Business and Biodiversity, a fast- moving agenda at EU and global level Stefan Leiner, Head of the Biodiversity Unit at the European Commission
Ongoing policy developments • EU Biodiversity Strategy 2030 • EU nature restoration targets • Sustainable Finance with NFRD and Taxonomy for sustainable activities • SME focus • Green Claims • ALIGN & TRANSPARENT 4
“ It can seem quite overwhelming for businesses, because you have so much momentum, so many activities, so many initiatives that are out there. The question always remains: “What becomes my entry point or how do I even engage with a topic that is so complex it does not even have a global goal for itself?” Akanksha Khatri, Head of Nature Action Agenda for World Economic Forum’s Platform for Global Public Goods, WEF EBNS, 9 December 2020 5
“ It can seem quite overwhelming for businesses, because you have so much momentum, so many activities, so many initiatives that are out there. The question There is a window of opportunity for the Platform to play a strong role in this context and always remains: “What becomes my entry build on existing point or how do I even engage with a topic initiatives, create that is so complex it does not even have a synergies and become global goal for itself?” the entry point for businesses and Akanksha Khatri, Head of Nature Action Agenda for financials. World Economic Forum’s Platform for Global Public Goods, WEF EBNS, 9 December 2020 6
EU Business @ Biodiversity Platform Progress of the EU B@B Platform on its mission and focus on USPs Lars Müller, Policy Officer at DG Environment, European Commission
Our mission: reverse nature loss by supporting businesses throughout their biodiversity and nature journey 8
Key deliverables met in 2020 • Third update report of the series “Assessment of biodiversity measurement approaches” • Biodiversity Measurement Navigation Wheel v.1.0 • Guidance document linked to the Finance for Biodiversity Pledge • Guide for finance on biodiversity measurement approaches • SMEs & nature survey as a collaborative effort between the Capitals Coalition, We Value Nature and the Enterprise Europe Network • European Business & Nature Summit 9
Key challenges ahead • How to speed up action to reverse biodiversity loss by businesses and financial institutions by 2030? • How to accelerate and facilitate collaboration between business and financial institutions without duplicating existing initiatives and ongoing activities? • What are the priorities for action and how can the Platform maximise its impacts? • How to engage SMEs to create a European “Business for Biodiversity Movement”? • How to ensure the COVID-19 crisis does not push nature down on the agenda? 10
Key questions for discussion 1. What challenges should the Platform’s workstreams prioritise in 2021? 2. In which of the areas identified as priority can you contribute? 3. What synergies can be created (avoiding overlaps)? 11
EU Business @ Biodiversity Platform Develop ‘Methods’ Johan Lammerant, Lead Expert Natural Capital and Biodiversity at Arcadis & Methods workstream leader
Workplan WS Methods Objectives Suggested activities 2021 • Continue leading role in • Capture and analyse new methodologies assessing methodologies and metrics and new case studies in next “Assessment • Set up and host a hub for piloting report” methodologies • New focus areas: data sources, combining • Provide guidance on how to select the most approaches and metrics, multitool case suitable methodologies based on businesses’ studies specific needs • Webinar series on Navigation Wheel and • Foster integration of biodiversity in PEF and in case studies natural capital accounting principles for businesses and financiers • Investigate transformation of Biodiversity Measurement Navigation Wheel into an online tool
EU Business @ Biodiversity Platform Support ‘Pioneers’ Anne-Marie Bor, Coordinator Finance for Biodiversity Pledge & Pioneers workstream leader
Workplan WS Pioneers Objectives Suggested activities 2021 Facilitate the work of the Finance@Biodiversity • Facilitate exchange among pioneers and early Community followers • Develop a comprehensive overview of finance & • Facilitate transformation within a group of leading biodiversity initiatives financials through knowledge sharing and exchange • Share practices among pioneers, focusing on engagement: • Provide pioneers the tools to approach borrowers • ESG-policies and facilitate integration of the biodiversity • Ongoing engagements and collaboration component • ‘Nature Positive 100’? • Engaging with research on target setting (SBTN) • Consolidate and share lessons learned with other financiers • Contribute to identifying and addressing ‘data • Share practices among pioneers on measurement gaps’ approaches (in cooperation with workstream Methods)
EU Business @ Biodiversity Platform ‘Mainstream’ biodiversity Jerome Kisielewicz, Managing Consultant at ICF & Mainstreaming workstream leader
Workplan WS Mainstreaming Objectives Suggested activities 2021 • Engage with new group of businesses and • Develop guidance for SMEs financial institutions on biodiversity and natural capital • Develop guidance for intermediaries • Facilitate the exchange of information among • Inform the development of the Farm-to-Fork national B&B networks and other relevant Code of Conduct networks • Foster cooperation among national B&B • Represent the views and interests of the EU platforms B@B Platform community in ongoing policy developments
EU Business @ Biodiversity Platform Fostering synergies to engage business on biodiversity Stefan Leiner, Head of the Biodiversity Unit at the European Commission
Key questions for discussion 1. What challenges should the Platform’s workstreams prioritise in 2021? 2. In which of the areas identified as priority can you contribute? 3. What synergies can be created (avoiding overlaps)? 19
Specific elements requiring your feedback WS Methods WS Pioneers WS Mainstreaming How can we speed up the How can financial institutions What synergies could be created uptake of biodiversity best engage with their clients on with other initiatives actively measurement approaches by biodiversity? engaging or looking to engage businesses? with SMEs on nature and biodiversity? To which other initiatives should How can we ensure businesses our work on engagement be adopt meaningful and relevant linked? biodiversity targets? EBNS: How should the EBNS evolve to respond to the needs of the business community? 20
EU Business @ Biodiversity Platform Wrap up: fostering biodiversity in other policy agendas Stefan Leiner, Head of the Biodiversity Unit at the European Commission
Thank you. Any further questions? Visit our website or contact: Lars.Mueller@ec.europa.eu 22
EU Business @ Biodiversity Platform Annex
The Platform’s Unique Selling Points (USP) EC status/position Objectivity & neutrality Focus on biodiversity • Unique potential to • Neutral information on the • Global momentum to foster synergies available biodiversity create a Global across 27MS measurement approaches Biodiversity Framework • Connect national for businesses and FI and New Deal for platforms & networks • Guidance on navigating the Nature and People at landscape of tools and the next United Nations • Strengthen efforts (UN) Biodiversity across policy sectors metrics, based on an independent assessment of Conference in China in (GROW, SANTE, 2021 (COP15) FISMA) tools and case studies • Link with ALIGN
Great individual/collective achievements across our workstreams… WS Methods WS Pioneers WS Mainstreaming ✓ Webinar series on ✓ Webinar series on “SBT for ✓ National platform meeting “Measuring biodiversity for Biodiversity” and SBT leaflet sharing best practices business and finance” ✓ Support the creation of the ✓ Engagement strategy in 5 webinars and 350 Finance for Biodiversity place targeting SMEs participants Pledge 37 signatories (research, mapping, ✓ Creation of review panel for engagement fiches) ✓ Guidance ‘Finance for screening case studies Biodiversity’’ ✓ Starting a collaboration with ✓ 18 case studies new partners to engage SME ✓ Annexes on measurement ✓ New navigation wheel approaches for the finance ✓ Launch of SME survey to sector is under way inform the future ✓ Update #3 Biodiversity engagement process Assessment Report . ✓ Webinar series with EIB 25
European #BusinessNature Summit 2020 • 738 attendees across the two day, 90% of whom stayed for at least 3 sessions • Day 1 = 580 • Day 2 = 485 • 50% businesses vs 50% non-businesses • 40 speakers • 8 hours of enriching discussions on the interconnections between business & nature ➔ The EBNS acts as a catalyst for action on biodiversity by corporates. 26
Growing community 351 1850 5.081.000 Members Newsletter Accounts reached by the subscribers #BusinessNatureSummit +59 in 2020 Twitter campaign +5 in January 2021 +641 in 2020 The Platform is expanding beyond its member base and gaining in policy relevance.
EU Business @ Achievements 2020 and pipeline activities 2021 Biodiversity Platform Updates provided by Advisory Board members for the Board meeting of 11 February 2021, 14:00-15:30h CET
Main achievements in 2020 2021 pipeline • Considerable increase in interest and • Transparent and ALIGN – uptake of capitals e.g., HSBC/Pollinator Standardizing natural capital • Operational Guidelines for food sector • COVID recovery project • United natural, social & human capital • New website and collaboration communities & established entity hub • Principles of integrated Capitals • Accountability Project – • Grew to 380+ organizations, and global validation/ verification / community of 20,000+ certification of a capitals approach 29
Entreprises pour l’Environnement (EpE) Main achievements in 2020 2021 pipeline • Biodiversity Commission of EpE: end of a • New cycle of Biodiversity cycle of 4 years to identify the conditions Commission: « How to value for upscaling Corporate solutions for nature and enhance Nature- biodiversity. based-Solutions » • October, 1, 2020: Public presentation of • Upscaling Corporate Solutions the French version of the Report for Biodiversity: publication “Solutions pour la biodiversité : changer available in English on February d’échelle” in the presence of the Minister 23, 2021. of State for biodiversity, CEOs and partners • www.epe-asso.org/en • https://youtu.be/yWyAwH4gzxY 30
Act4nature international Main achievements in 2020 2021 pipeline • 19 businesses updated their • More than 40 new act4nature commitments to act4nature international commitments are international. expected. • 8 new businesses committed. • The committments • October, 1: public presentation of the implementation between 2018 new commitments in the presence of the and 2020, and the new secretary of State in charge of committments will be promoted biodiversity, CEOs and partners at the IUCN Congress. • Transport4nature will be www.act4nature.com/en launched by IENE at the IUCN Congress. 31
IUCN Business & Biodiversity 2021 pipeline Programme • Expanding business application of Nature-based Solutions in Europe via Main achievements in 2020 WVN and Network Nature • Identify key gaps to shift financial flows • Value nature: Outreach & training under We from Nature negative to Nature positive Value Nature (WVN). Corporate Biodiversity • Scaling up regenerative agriculture Performance guidelines (Launch in March) policies and practices • Promote biodiversity net gain: Strong • Advocating for post-Covid Nature- engagement with extractives & support for based Recovery packages (EU Green decarbonisation pathways (Renewables, O&G, Deal, G20, etc.) Materials) • Mitigating biodiversity impacts in • Invest in Nature-based Solutions (NbS): Renewables launch on 24 February Launched IUCN Global Standard for NbS & self- assesment tool; setting-up technical assistance • IUCN World Conservation Congress facilities ( Blue Natural Capital Finance Facility) and CEO Summit on 3 September 32
Business for Nature Main achievements in 2020 2021 pipeline • Raised business voice calling for • Engage CBD negotiators & other policy ambition, incl. >700 companies policymakers on BfN position on signed “Nature is everyone’s business” Post-2020 Framework Call to Action, CEO videos, released • Dive deeper in national policy recommendations + collective engagement, e.g. China, Brazil, voice, e.g. G20 letter. South Africa, India… • Represented at UN Biodiversity • Simplify and converge how Summit in Sep by CEO speaker companies can assess, commit, • Boosted CBD engagement, incl. act & advocate for nature- OEWG 2, business guide with ICC positive (& net zero) 33
Value Balancing Transformation and system change Alliance requires the cooperative power of all players in the business ecosystem Main achievements in 2020 2021 pipeline • Developed and piloted Methodology • Publish Methodology Impact Statement v0.1 Impact Statement v0.1 focus Environment and Socio-economy • Provided real economy input to • Develop and pilot Impact Statement v0.2 • EU Platform on Sustainable Finance (“value to society”) and Integrated Account v0.1 (subgroup on data and usability) (“value to enterprise”) reflecting double- • EFRAG Project Task Force on NFRD materiality concept (via member companies) • OECD Business for Inclusive Growth • Start public consultation on Principles of (working group on impact measurement) Natural Capital Accounting with Transparent consortium partners Capitals Coalition, • Introduced Impact Measurement and WBCSD and DG ENV* Valuation to key stakeholders in Europe and beyond (South Korea, Japan, Canada, etc.) *The EU has provided the VBA led consortium with financial support under grant agreement n° LIFE LIFE19 PRE DE 005 to develop a standard for measuring and 34 valuing environmental impacts of companies in monetary terms.
‘Biodiversity in Good Company’ Initiative 2021 pipeline Main achievements in 2020 • Further development of current projects, in particular • Start of “digital dialogue” advocacy for post 2020 • Launch of “German business for biodiversity framework and biodiversity” “digital dialogue” (incl. online seminar for SME) • New members • Dialogforum, 24.03. • Kick off workshop vision to 2030 • Extention of collaboration with • Intensifying engagement within Federal Ministery of GPBB Environment (UBi-project) • Biodiversity - food sector (Initiative) 35
References ‘Biodiversity in Good Company’ Initiative Vision to 2030 National Dialogforum German Business „Biodiversity and for Biodiversity Business: national https://www.germa chances for global n-business-for- biodiversity.de/en/ challenges“ March, 24, online https://www.ubi2020- dialogforum.de/ 36
Ecoacsa Reserva de Biodiversidad Main achievements in 2020 2021 pipeline • Members of the IWG of the TNFD • Launch of the Natural Capital Factory • Members of the SBTN Corporate Engagement Program Working Groups on Forestry sector & Water • Adaptation of LIFE Methodology & Certification to EU (4 ongoing pilots in energy sector & 1 agrifood –potential-) • Engaging with the Latin American Community on Natural Capital • Agreement with GBCe to mainstream biodiversity into green building certification systems Accounting and SBTN • Co-leaders of the Working Group on Natural Capital of the • Ongoing work with the WG Spanish Green Growth Group, along with Creando Redes on Natural Capital and Energy (launch of the Spanish co-hort report, TBC) • Leaders of the Spanish Environment Congress' TC6 on "The future of climate and nature- • Launch of the report on related risks and their financial impacts" biodiversity mainstreaming performance • Launch of the Natural Capital Factory webinars series of the Spanish Ibex 35 listed companies 37
CDC Biodiversité 2021 pipeline Global Biodiversity Score: • GBS 1.1.0 Main achievements in 2020 • Biodiversity Footprint Assessment (BFA) Global Biodiversity Score : • GBS Tranings • ABMB • publications : • Lauch GBS 1.0 and the opening event + ➢ 4 priority sectors oh the 2018 French publication Biodiversity Plan (buildings and materials, agro-food, energy, chemicals) • 1st end-to-end biodiveristy footprint : Schneider Electric ➢ GBS updating • Workshops : EBNS warm up, EU B@B on • Join and contribute to the PBAF SBT/corporate/finance • Biodiversity Impacts Analytics (BIA) with Carbon4 Finance Caisse des Dépôts Group: • Pledge “Finance for Biodiversity” European Investment Bank (EIB) : • NCFF (offsetting sites, ie. Cossure) 38
Main achievements in 2020 • Application guidance for climate-related disclosures • The state of EU environmental disclosure in 2020 • Training of corporates 2021 pipeline • Nature-related financial disclosures • Application guidance for water-related disclosures • Application guidance for land-use and biodiversity-related disclosure • Training of corporates 39
UNEP FI (Ecosystems/Nature workstream) Main achievements in 2020 2021 pipeline • Launch of TNFD Informal Working Group • Update strategy w member advisory group (IWG) w partners • PRB biodiversity guidance launch (w • Launch of Sustainable Blue Economy Finance WCMC, SBTN); potential collective action Initiative: w partners 55 members and • ENCORE biodiversity module and how-to guidance launch; continue uptake efforts (NCFA) • ENCORE widely used in ‘making the case’ e.g. • Food systems sustainable finance by DNB, Swiss Re, WEF (NCFA) (climate/nature, UNSG Summit) • Principles for Responsible Banking (PRB) • Support to CBD post-2020 GBF biodiversity targets working group development established • TNFD launch • ‘Beyond Business as Usual’ released (NCFA) 40
DG Reseach and 2021 pipeline Innovation > over 100 R&I actions support EU Biodiversity Strategy for 2030 implementation Main achievements in 2020 Cluster 6 ‘Food, Bioeconomy, Natural Resources, Agriculture and Environment’ will include a long-term strategic research agenda for biodiversity. HORIZON 2020 Biodiversity & Ecosystem Services Destination: ▪ understanding biodiversity decline; > €2.6 billion EU ▪ valuing and restoring biodiversity and ecosystem services; investments in biodiversity- ▪ managing biodiversity in primary production; related research ▪ enabling transformative change on biodiversity; ▪ interconnecting biodiversity research and supporting policies. > In 2020, the Green Deal European Partnership on Biodiversity R&I, ENV, co-funded with MS Call (€1bn, launch 18/09), includes ecosystems restoration. > 70 cities in Nature-based ▪ Climate adaptation solutions demonstration projects ▪ Oceans & water ▪ Soils ▪ Climate mitigation 41
NATURAL CAPITAL IRELAND Main achievements in 2020 2021 pipeline • Produced two animated videos to introduce • Launched report to improve Ireland’s next natural capital concepts – An Introduction to Biodiversity Action Plan Natural Capital Accounting and Natural www.biodiversityimpactplan.ie Capital on Farmland • Hosting a Data 4 Nature conference in May • Conducted Irish Business & Biodiversity study to highlight importance of open data in to explore the establishment of a national environmental research B&B platform • Launched Policy Working Groups to • Significant increase in interest - grew respond to the major policy consultations membership to over 850, Twitter over 2,000 such as CAP Review, National Biodiversity and LinkedIn page to over 500. Strategy, National SDG Strategy • Rebranded as Natural Capital Ireland (from Irish Forum on Natural Capital) 42
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