Partnership for Biodiversity Accounting Financials | Paving the way towards a harmonised biodiversity accounting approach for the financial sector

The common ground paper focuses on the assessment and disclosure of negative impacts, avoided negative impacts and positive impacts on biodiversity resulting from the investments of financial institutions as a way to contribute to the conservation and sustainable use of biodiversity. The aim of the paper is to define harmonized principles underlying biodiversity impact assessment approaches/methodologies. These harmonised principles can be used by financial institutions interested in assessing the impact of investments on biodiversity. Although the focus is very much on quantifying this impact, the principles are also relevant for a qualitative analysis of biodiversity impact (e.g. to understand what should be included in the analysis and how impacts can be defined). This principles could also support financial institutions with the formulation of strategies and the setting of goals