|
The landmark UN deal on tackling biodiversity loss aims to place businesses and investors in the front line in the battle to protect nature.
By Gabriel MICHELI, Senior Investment Manager and Steve Freedman, Head of research and sustainability Pictet Asset Management
The UN Biodiversity Summit marked a watershed moment for the preservation of the natural world, delivering an international agreement that could prove as transformative for environmental investing as the Paris climate accord of 2015. Signed by almost 200 countries, the Global Biodiversity Framework (GBF) will boost investment in activities that protect the biosphere and will also require companies to routinely assess and disclose their nature-related risks. The accord is...
|