Environmental Intelligence supporting more nature-positive investment via TNFD

Lead Research Organisation: King's College London

Abstract

A research project led by King's College London and commissioned by the Natural Environment Research Council and Finance for Biodiversity to support better disclosure of risks to nature that result from investment, and risks to investment that result from nature loss. Environmental intelligence is the combination of detailed spatial mapping and satellite remote sensing with ubiquitous in-field, internet-connected, digital monitoring and machine learning, all focused on better understanding and managing the natural environment, for people and for nature. For example, our Co$tingNature tool combines satellite remote sensing, sophisticated algorithms and in-field sensing to better understand risks of nature loss to people and finance and risks of land use investments to nature loss. Co$tingNature maps 18 of nature's contributions to people (ecosystem services, public goods) as well as biodiversity, current pressure on the landscape and future threat to it. It is widely used across >180 countries and includes global data suitable for application at local, national and global scales. Nature-positive investments aim for more financially, environmentally and socially sustainable returns by ensuring that investments achieve their financial goals without degrading the natural and social capital upon which they depend. Indeed, nature-positive investments restore and harness nature to help deliver financial and environmental goals: examples include ELMS, Biodiversity Net Gain, Habitat Banking, Carbon Credits, Green bonds. TNFD is the Taskforce for Nature-related Financial Disclosure, a new global initiative which aims to give financial institutions and companies a complete picture of their environmental risks. The goal of the TNFD is to assist organisations (financial institutions and corporates) to report and act on evolving nature-related risks, with the objective of supporting a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes. Working with Finance for Biodiversity, we are seeking to understand how we can use the significant data and analysis capacity of Environmental Intelligence tools like Co$tingNature to support disclosure of risks, impacts and dependencies on nature globally across a range of investor/investment types and sectors as well as locally with a specific focus on nature-positive investments in UK farming.

Publications

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