The UK has launched a project to overcome the “real and quite gnarly barriers” to investing in nature-focused assets.
The country's Green Finance Institute has today unveiled “GFI Hive”, which aims to co-design solutions that will allow large investors to allocate capital to protecting biodiversity in the UK.
Helen Avery, GFI Hive’s Director, told RI that the industry must widen its focus from the risks that biodiversity loss poses to financial performance.
“We need to move the conversation over to the opportunity side and that is what we are hoping to do through GFI Hive.”
GFI recently estimated that £44bn to £97bn of extra funding would be needed to meet the UK’s nature-related goals over the next decade, but Avery said there were “real and quite gnarly barriers to getting money moving into nature at scale.”
Hive will coordinate roundtables and interviews with asset managers, insurers, private equity houses and other stakeholders to…