HKGFA Biodiversity Training Series Session 5: “Nature and Biodiversity In Practice: Case Studies and Insight”

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The HKGFA Biodiversity Training Series was successfully concluded on 12 June 2024 with the 5th and final webinar session attracting approximately 500 attendees. The final session, titled “Nature and Biodiversity In Practice: Case Studies and Insight”, highlighted case studies and success stories in integrating nature and biodiversity into business operations and investment decision-making.

 

Sincere thanks to our moderator Ms. Crystal Geng, Asia ESG Research Lead, BNP Paribas Asset Management, and to our speakers, Mr. Antoine Raes, Investment Director, Natural Capital, Mirova, Division of Natixis IM Singapore; Mr. Ben Ridley, Partner, Sustainable Finance, ERM; Mr. Jean-Marc Champagne, Principal and Managing Director, Seneca Impact Advisors; and Mr. William McGoldrick, Regional Managing Director, Asia Pacific, The Nature Conservancy for sharing their experiences, challenges, and opportunities in their path of biodiversity integration.

 

The Biodiversity Training Series was organised under the cross-collaboration of the HKGFA Net Zero Commitments Workstream and TNFD/ Biodiversity Workstream. Sincere thanks to the Net Zero Commitments Workstream Leader Mr. Olivier Ménard, Head of Green & Sustainable Hub, Asia Pacific, Natixis; and TNFD/ Biodiversity Workstream Leaders Ms. Crystal Geng, Asia ESG Research Lead, BNP Paribas Asset Management, and Mr. Patrick Ho, Head of Sustainable Development, Swire Properties for leading the Training Series.

 

Key takeaways

  • Tremendous investment opportunities: More than half of the world’s total GDP is moderately or highly dependent on nature and its services. Making investments with nature-positive outcomes can create new business opportunities to the scale of $10 trillion annually and create 395 million jobs by 2030.
  • Private sustainable financing growth is critical. Private-sector financing accounts for less than 18% of the total $200 billion annual finance flows with direct positive impacts on nature and climate.
  • Monitoring of biodiversity impacts must involve measurable, precise, consistent, and sensitive KPIs, and follow clear and consistent methodologies. New technologies such as remote sensing, eDNA analysis and acoustic monitoring are available to assess changes in states of ecosystem and key species.
  • Biodiversity remains an underinvested area for most companies and investors. While there are commercially viable solutions that promote biodiversity, proper incentives need to be put in place for project owners and stakeholders. One pathway, for example, is to encourage quality and not yield.

 

Replay of the event is available on the HKGFA YouTube Channel: https://youtube.com/live/msYj_pwwG3k

 

For past HKGFA Biodiversity Training Sessions or other HKGFA Training Sessions, please visit: https://www.hkgreenfinance.org/hkgfa-training-and-education/

 

Supporting Materials:

  1. Session presentation slides by Mr. Antoine Raes, Mirova https://www.hkgreenfinance.org/wp-content/uploads/2024/06/2024_06_Biodiversity-Training-Session-5_Mirova.pdf
  2. Session presentation slides by Mr. Ben Ridley, ERM https://www.hkgreenfinance.org/wp-content/uploads/2024/06/2024_06_Biodiversity-Training-Session-5_ERM.pdf
  3. Session presentation slides by Mr. Jean-Marc Champagne, Seneca Impact Advisors https://www.hkgreenfinance.org/wp-content/uploads/2024/06/2024_06_Biodiversity-Training-Session-5_Seneca.pptx
  4. Session presentation slides by Mr. William McGoldrick, The Nature Conservancy https://www.hkgreenfinance.org/wp-content/uploads/2024/06/2024_06_Biodiversity-Training-Session-5_The-Nature-Conservancy.pptx

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