To provide financial institutions with increased access to the world’s most authoritative biodiversity data, NatureAlpha, the nature and biodiversity analytics company, has collaborated with the Integrated Biodiversity Assessment Tool (IBAT).
IBAT is an Alliance between the United Nations Environment Programme – World Conservation Monitoring Centre, the International Union for Conservation of Nature (IUCN), BirdLife International, and Conservation International. Together, the Alliance hosts and maintains three key global biodiversity datasets, helping organisations to enhance their decision-making for all matters affecting critical biodiversity.
The collaboration between IBAT and NatureAlpha is a technologically innovative solution where data have been integrated into biodiversity and nature metrics for use by investors. It follows the adoption of the Global Biodiversity Framework, which encourages large and transnational companies and financial institutions to regularly monitor, assess and transparently disclose their biodiversity risks, dependencies and impacts.
Metrics generated will also enable users to report in line with the evolving Taskforce for Nature-related Financial Disclosures framework..
