Nature-based Insights has partnered with Global Canopy to provide technical support to implement the Taskforce for Nature-related Financial Disclosure’s LEAP framework in a series of pilots designed to test the implementation of the 0.4 beta framework for nature-related risk and opportunity management and disclosure, ahead of the v1.0 recommendation launching September 2023.
Building resilient supply chains with high quality nature-based solutions
To identify practical yet ecologically and socially robust approaches to implement nature-based solutions within supply chains, the Nature-based Insights team have developed an innovative analytical framework, supported by a quantitative model. This framework enables companies and financial institutions to monitor impacts, dependencies, risks, and opportunities related to biodiversity. It helps them set evidence-based targets and design socially just biodiversity strategies for the landscapes they source commodities from or invest in. In commodity landscapes, our priority is to avoid deforestation, ecosystem conversion, and human rights infringements. Nature-based Insights’ framework provides the evidence for companies and stakeholders to co-design strategies for emissions reduction, carbon sinks enhancement, biodiversity increase, and improved human well-being in the commodity landscapes they invest in. It also guides investors toward high integrity impact investments. We are proud to collaborate with various corporate and financial institutions in co-designing this approach.
Due diligence processes for your impact investments in NbS
Nature-based Insights work with financial institutions to co-design a due diligence process for application for their investments in NbS. The financial sector is increasingly interested in investing in nature-based solutions as high integrity projects that generate positive environmental, social, and economic outcomes. In parallel, regulation and policy are shifting towards mandating corporate due diligence for sustainability and are encouraging investments in activities with measurable positive impacts for people, nature and the climate. Consequently, there is a growing imperative to align and integrate core principles and practices of financial due diligence with guidelines on designing and assessing high integrity NbS (i.e., the IUCN Global Standard for Nature-based Solutions). Doing so will minimise the risk of adverse outcomes associated with NbS finance (i.e., investments in low quality projects), and streamline integrating NbS assessments into existing processes.
Designing a robust, evidence-based M&E framework for the Circular Bioeconomy Alliance
We are honoured to be working with the Circular Bioeconomy Alliance (CBA) to design a robust, evidence-based M&E framework to support the application of the Seven CBA Principles for Regenerative Landscapes.
The CBA Living Labs are being established across the world, with the aim to ‘provide knowledge-informed support as well as a learning and networking platform to connect the dots between investors, companies, governmental and non-governmental organizations and local communities to advance the circular bio-economy while restoring biodiversity globally.’ Crucial to this process is the assessment of biodiversity against a transparent framework, to support all stakeholders.
The Circular Bioeconomy Alliance is proposing to monitor and evaluate the impacts of their Living Labs against seven Principles for Regenerative Landscapes. These principles aim to assess initiatives according to their sustainability, resilience and local context, with the goal of regenerative landscape creation.
Nature-based Insights is working together with the CBA Scientific Advisory Board and local project implementers to co-design the CBA Living Lab’s monitoring and evaluation (M&E) framework. Including evaluating the seven principles’ alignment with existing standards – carrying out a robust review of guidelines, methodologies, indicators, and metrics recommended in peer-reviewed literature – and designing a specific M&E framework to support the seven CBA principles.
In the next phase of the project, we aim to work with project implementers and local stakeholders to test and further refine the M&E framework in terrestrial Living Labs.