Advisory Board of the EU B@B Platform - EU B@B

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Advisory Board of the EU B@B Platform - EU B@B
Advisory Board of
the EU B@B Platform

11 February 2021 from 14:00-15:30h CET

Chaired by Mr. Stefan Leiner, Head of the Biodiversity Unit
at the European Commission

                                                              EU B@B
                                                              Platform
Advisory Board of the EU B@B Platform - EU B@B
Agenda
              Introduction
14:00-14:10   Welcome & introduction: Business and Biodiversity, a fast-moving
              agenda at EU and global level

14:10-14:15   Progress of the EU B@B Platform on its mission and focus on USP

14:15-14:30   Presentation of the priorities identified for 2021

              Interactive session
14:30-15:20   Fostering synergies to engage business on biodiversity by sharing
              feedback and expectations

15:20-15:30   Wrap up: fostering biodiversity in other policy agendas

                                                                                  2
Advisory Board of the EU B@B Platform - EU B@B
EU
Business @
               Welcome & introduction:
Biodiversity
 Platform
               Business and Biodiversity, a fast-
               moving agenda at EU and global level
               Stefan Leiner, Head of the Biodiversity Unit at the European Commission
Advisory Board of the EU B@B Platform - EU B@B
Ongoing policy
developments

  • EU Biodiversity Strategy 2030
  • EU nature restoration targets
  • Sustainable Finance with NFRD and Taxonomy for
    sustainable activities
  • SME focus
  • Green Claims
  • ALIGN & TRANSPARENT

                                                     4
Advisory Board of the EU B@B Platform - EU B@B
“       It can seem quite overwhelming for
        businesses, because you have so much
        momentum, so many activities, so many
        initiatives that are out there. The question
        always remains: “What becomes my entry
        point or how do I even engage with a topic
        that is so complex it does not even have a
        global goal for itself?”

    Akanksha Khatri, Head of Nature Action Agenda for
    World Economic Forum’s Platform for Global Public
    Goods, WEF
    EBNS, 9 December 2020

                                                        5
Advisory Board of the EU B@B Platform - EU B@B
“       It can seem quite overwhelming for
        businesses, because you have so much
        momentum, so many activities, so many
        initiatives that are out there. The question
                                                        There is a window of
                                                        opportunity for the
                                                        Platform to play a strong
                                                        role in this context and
        always remains: “What becomes my entry          build on existing
        point or how do I even engage with a topic      initiatives, create
        that is so complex it does not even have a      synergies and become
        global goal for itself?”                        the entry point for
                                                        businesses and
    Akanksha Khatri, Head of Nature Action Agenda for
                                                        financials.
    World Economic Forum’s Platform for Global Public
    Goods, WEF
    EBNS, 9 December 2020

                                                                                    6
Advisory Board of the EU B@B Platform - EU B@B
EU
Business @
Biodiversity
 Platform
               Progress of the EU B@B Platform on its
               mission and focus on USPs
               Lars Müller, Policy Officer at DG Environment, European Commission
Advisory Board of the EU B@B Platform - EU B@B
Our mission:
reverse nature loss
by supporting
businesses
throughout their
biodiversity and
nature journey

                      8
Advisory Board of the EU B@B Platform - EU B@B
Key deliverables
met in 2020

  •   Third update report of the series “Assessment
      of biodiversity measurement approaches”
  •   Biodiversity Measurement Navigation Wheel
      v.1.0
  •   Guidance document linked to the Finance for
      Biodiversity Pledge
  •   Guide for finance on biodiversity measurement
      approaches
  •   SMEs & nature survey as a collaborative effort
      between the Capitals Coalition, We Value
      Nature and the Enterprise Europe Network
  •   European Business & Nature Summit

                                                       9
Advisory Board of the EU B@B Platform - EU B@B
Key challenges
ahead

  •   How to speed up action to reverse biodiversity loss by businesses
      and financial institutions by 2030?
  •   How to accelerate and facilitate collaboration between business
      and financial institutions without duplicating existing initiatives and
      ongoing activities?
  •   What are the priorities for action and how can the Platform
      maximise its impacts?
  •   How to engage SMEs to create a European “Business for
      Biodiversity Movement”?
  •   How to ensure the COVID-19 crisis does not push nature down on
      the agenda?

                                                                                10
Key questions
for discussion

   1.   What challenges should the Platform’s workstreams
        prioritise in 2021?
   2.   In which of the areas identified as priority can you
        contribute?
   3.   What synergies can be created (avoiding overlaps)?

                                                               11
EU
Business @
Biodiversity
 Platform
               Develop ‘Methods’
               Johan Lammerant, Lead Expert Natural Capital and Biodiversity at
                  Arcadis & Methods workstream leader
Workplan
WS Methods

 Objectives                                             Suggested activities 2021
 • Continue leading role in                             •   Capture and analyse new methodologies
     assessing methodologies and metrics                    and new case studies in next “Assessment
 •   Set up and host a hub for piloting                     report”
     methodologies                                      •   New focus areas: data sources, combining
 •   Provide guidance on how to select the most             approaches and metrics, multitool case
     suitable methodologies based on businesses’            studies
     specific needs
                                                        •   Webinar series on Navigation Wheel and
 •   Foster integration of biodiversity in PEF and in       case studies
     natural capital accounting principles for
     businesses and financiers                          •   Investigate transformation of Biodiversity
                                                            Measurement Navigation Wheel into an
                                                            online tool
EU
Business @
Biodiversity
 Platform
               Support ‘Pioneers’
               Anne-Marie Bor, Coordinator Finance for Biodiversity Pledge & Pioneers
                  workstream leader
Workplan
WS Pioneers

 Objectives                                                Suggested activities 2021
                                                           Facilitate the work of the Finance@Biodiversity
 •   Facilitate exchange among pioneers and early          Community
     followers
                                                           •    Develop a comprehensive overview of finance &
 •   Facilitate transformation within a group of leading        biodiversity initiatives
     financials through knowledge sharing and
     exchange
                                                           •    Share practices among pioneers, focusing on
                                                                engagement:
 •   Provide pioneers the tools to approach borrowers             •    ESG-policies
     and facilitate integration of the biodiversity               •    Ongoing engagements and collaboration
     component                                                    •    ‘Nature Positive 100’?

 •   Engaging with research on target setting (SBTN)       •    Consolidate and share lessons learned with other
                                                                financiers
 •   Contribute to identifying and addressing ‘data
                                                           •    Share practices among pioneers on measurement
     gaps’                                                      approaches (in cooperation with workstream
                                                                Methods)
EU
Business @
Biodiversity
 Platform
               ‘Mainstream’ biodiversity
               Jerome Kisielewicz, Managing Consultant at ICF & Mainstreaming
                   workstream leader
Workplan
WS Mainstreaming

 Objectives                                         Suggested activities 2021
 •   Engage with new group of businesses and        •   Develop guidance for SMEs
     financial institutions on biodiversity and
     natural capital                                •   Develop guidance for intermediaries

 •   Facilitate the exchange of information among   •   Inform the development of the Farm-to-Fork
     national B&B networks and other relevant           Code of Conduct
     networks
                                                    •   Foster cooperation among national B&B
 •   Represent the views and interests of the EU
                                                        platforms
     B@B Platform community in ongoing policy
     developments
EU
Business @
Biodiversity
 Platform
               Fostering synergies to engage business
               on biodiversity
               Stefan Leiner, Head of the Biodiversity Unit at the European Commission
Key questions
for discussion

   1.   What challenges should the Platform’s workstreams
        prioritise in 2021?
   2.   In which of the areas identified as priority can you
        contribute?
   3.   What synergies can be created (avoiding overlaps)?

                                                               19
Specific elements requiring your feedback

 WS Methods                      WS Pioneers                         WS Mainstreaming
How can we speed up the         How can financial institutions      What synergies could be created
uptake of biodiversity          best engage with their clients on   with other initiatives actively
measurement approaches by       biodiversity?                       engaging or looking to engage
businesses?                                                         with SMEs on nature and
                                                                    biodiversity?
                                To which other initiatives should
How can we ensure businesses    our work on engagement be
adopt meaningful and relevant   linked?
biodiversity targets?

  EBNS: How should the EBNS evolve to respond to the needs of the business community?

                                                                                                 20
EU
Business @
Biodiversity
 Platform
               Wrap up: fostering biodiversity in other
               policy agendas
               Stefan Leiner, Head of the Biodiversity Unit at the European Commission
Thank you.
Any further questions?

Visit our website
or contact:
Lars.Mueller@ec.europa.eu

                            22
EU
Business @
Biodiversity
 Platform
               Annex
The Platform’s
Unique Selling
Points (USP)

EC status/position          Objectivity & neutrality         Focus on biodiversity
• Unique potential to       • Neutral information on the     • Global momentum to
    foster synergies            available biodiversity          create a Global
    across 27MS                 measurement approaches          Biodiversity Framework
•   Connect national            for businesses and FI           and New Deal for
    platforms & networks    •   Guidance on navigating the      Nature and People at
                                landscape of tools and          the next United Nations
•   Strengthen efforts                                          (UN) Biodiversity
    across policy sectors       metrics, based on an
                                independent assessment of       Conference in China in
    (GROW, SANTE,                                               2021 (COP15)
    FISMA)                      tools and case studies
                            •   Link with ALIGN
Great individual/collective achievements across
our workstreams…

 WS Methods                            WS Pioneers                       WS Mainstreaming
✓   Webinar series on              ✓     Webinar series on “SBT for      ✓   National platform meeting
    “Measuring biodiversity for          Biodiversity” and SBT leaflet       sharing best practices
    business and finance”
                                   ✓     Support the creation of the     ✓   Engagement strategy in
    5 webinars and 350
                                         Finance for Biodiversity            place targeting SMEs
    participants
                                         Pledge 37 signatories               (research, mapping,
✓   Creation of review panel for                                             engagement fiches)
                                   ✓     Guidance ‘Finance for
    screening case studies
                                         Biodiversity’’                  ✓   Starting a collaboration with
✓   18 case studies                                                          new partners to engage SME
                                   ✓     Annexes on measurement
✓   New navigation wheel                 approaches for the finance      ✓   Launch of SME survey to
                                         sector is under way                 inform the future
✓   Update #3 Biodiversity
                                                                             engagement process
    Assessment Report              .
                                                                         ✓   Webinar series with EIB

                                                                                                         25
European
#BusinessNature
Summit 2020

•   738 attendees across the two day, 90% of whom stayed for at least 3
    sessions
     • Day 1 = 580
     • Day 2 = 485
•   50% businesses vs 50% non-businesses
•   40 speakers
•   8 hours of enriching discussions on the interconnections between
    business & nature

➔ The EBNS acts as a catalyst for action on biodiversity by corporates.

                                                                          26
Growing
community

  351                  1850           5.081.000
  Members              Newsletter     Accounts reached by the
                       subscribers    #BusinessNatureSummit
  +59 in 2020                         Twitter campaign
  +5 in January 2021   +641 in 2020

 The Platform is expanding beyond its member base
 and gaining in policy relevance.
EU
Business @     Achievements 2020 and
               pipeline activities 2021
Biodiversity
 Platform

               Updates provided by Advisory Board members for the Board
                 meeting of 11 February 2021, 14:00-15:30h CET
Main achievements in 2020                      2021 pipeline

•   Considerable increase in interest and      •   Transparent and ALIGN –
    uptake of capitals e.g., HSBC/Pollinator       Standardizing natural capital
•   Operational Guidelines for food sector     •   COVID recovery project
•   United natural, social & human capital     •   New website and collaboration
    communities & established entity               hub
•   Principles of integrated Capitals          •   Accountability Project –
•   Grew to 380+ organizations, and global         validation/ verification /
    community of 20,000+                           certification of a capitals
                                                   approach

                                                                                   29
Entreprises pour
l’Environnement
(EpE)
     Main achievements in 2020                          2021 pipeline
 •    Biodiversity Commission of EpE: end of a      •    New cycle of Biodiversity
      cycle of 4 years to identify the conditions        Commission: « How to value
      for upscaling Corporate solutions for              nature and enhance Nature-
      biodiversity.                                      based-Solutions »
 •    October, 1, 2020: Public presentation of      •    Upscaling Corporate Solutions
      the French version of the Report                   for Biodiversity: publication
      “Solutions pour la biodiversité : changer          available in English on February
      d’échelle” in the presence of the Minister         23, 2021.
      of State for biodiversity, CEOs and
      partners                                      •    www.epe-asso.org/en
 •    https://youtu.be/yWyAwH4gzxY

                                                                                            30
Act4nature
international

 Main achievements in 2020                    2021 pipeline
 • 19 businesses updated their                • More than 40 new act4nature
   commitments to act4nature                    international commitments are
   international.                               expected.
 •   8 new businesses committed.              •   The committments
 •   October, 1: public presentation of the       implementation between 2018
     new commitments in the presence of the       and 2020, and the new
     secretary of State in charge of              committments will be promoted
     biodiversity, CEOs and partners              at the IUCN Congress.
                                              •   Transport4nature will be
 www.act4nature.com/en                            launched by IENE at the IUCN
                                                  Congress.

                                                                                  31
IUCN
Business & Biodiversity                                         2021 pipeline
Programme                                                   •    Expanding business application of
                                                                 Nature-based Solutions in Europe via
     Main achievements in 2020                                   WVN and Network Nature
                                                            •    Identify key gaps to shift financial flows
 •    Value nature: Outreach & training under We                 from Nature negative to Nature positive
      Value Nature (WVN). Corporate Biodiversity
                                                            •    Scaling up regenerative agriculture
      Performance guidelines (Launch in March)
                                                                 policies and practices
 •    Promote biodiversity net gain: Strong
                                                            •    Advocating for post-Covid Nature-
      engagement with extractives & support for
                                                                 based Recovery packages (EU Green
      decarbonisation pathways (Renewables, O&G,
                                                                 Deal, G20, etc.)
      Materials)
                                                            •    Mitigating biodiversity impacts in
 •    Invest in Nature-based Solutions (NbS):
                                                                 Renewables launch on 24 February
      Launched IUCN Global Standard for NbS & self-
      assesment tool; setting-up technical assistance       •    IUCN World Conservation Congress
      facilities ( Blue Natural Capital Finance Facility)        and CEO Summit on 3 September

                                                                                                              32
Business for
Nature

 Main achievements in 2020                    2021 pipeline

 •   Raised business voice calling for        •   Engage CBD negotiators & other
     policy ambition, incl. >700 companies        policymakers on BfN position on
     signed “Nature is everyone’s business”       Post-2020 Framework
     Call to Action, CEO videos, released     •   Dive deeper in national
     policy recommendations + collective          engagement, e.g. China, Brazil,
     voice, e.g. G20 letter.                      South Africa, India…
 •   Represented at UN Biodiversity           •   Simplify and converge how
     Summit in Sep by CEO speaker                 companies can assess, commit,
 •   Boosted CBD engagement, incl.                act & advocate for nature-
     OEWG 2, business guide with ICC              positive (& net zero)

                                                                                    33
Value Balancing                                                  Transformation and system change
Alliance                                                         requires the cooperative power of all
                                                                 players in the business ecosystem

Main achievements in 2020                                                        2021 pipeline
•     Developed and piloted Methodology                                     •     Publish Methodology Impact Statement v0.1
      Impact Statement v0.1                                                       focus Environment and Socio-economy
•     Provided real economy input to                                        •     Develop and pilot Impact Statement v0.2
        • EU Platform on Sustainable Finance                                      (“value to society”) and Integrated Account v0.1
              (subgroup on data and usability)                                    (“value to enterprise”) reflecting double-
         •    EFRAG Project Task Force on NFRD                                    materiality concept
              (via member companies)
         •    OECD Business for Inclusive Growth
                                                                            •     Start public consultation on Principles of
              (working group on impact measurement)                               Natural Capital Accounting with Transparent
                                                                                  consortium partners Capitals Coalition,
•     Introduced Impact Measurement and                                           WBCSD and DG ENV*
      Valuation to key stakeholders in Europe
      and beyond (South Korea, Japan, Canada, etc.)

*The EU has provided the VBA led consortium with financial support under grant agreement n° LIFE LIFE19 PRE DE 005 to develop a standard for measuring and   34
valuing environmental impacts of companies in monetary terms.
‘Biodiversity in Good
Company’ Initiative
                                             2021 pipeline

  Main achievements in 2020              •   Further development of
                                             current projects, in particular
  •   Start of “digital dialogue”            advocacy for post 2020
  •   Launch of “German business for         biodiversity framework and
      biodiversity”                          “digital dialogue” (incl. online
                                             seminar for SME)
  •   New members
                                         •   Dialogforum, 24.03.
  •   Kick off workshop vision to 2030
                                         •   Extention of collaboration with
  •   Intensifying engagement within
                                             Federal Ministery of
      GPBB
                                             Environment (UBi-project)
                                         •   Biodiversity - food sector
                                             (Initiative)

                                                                                35
References
‘Biodiversity in Good
Company’ Initiative

      Vision to 2030    National Dialogforum   German Business
                        „Biodiversity and      for Biodiversity
                        Business: national     https://www.germa
                        chances for global     n-business-for-
                                               biodiversity.de/en/
                        challenges“
                        March, 24, online
                        https://www.ubi2020-
                        dialogforum.de/

                                                                     36
Ecoacsa Reserva
de Biodiversidad

 Main achievements in 2020                                       2021 pipeline
 •   Members of the IWG of the TNFD                              •   Launch of the Natural Capital Factory
 •   Members of the SBTN Corporate Engagement Program                Working Groups on Forestry sector &
                                                                     Water
 •   Adaptation of LIFE Methodology & Certification to EU (4
     ongoing pilots in energy sector & 1 agrifood –potential-)   •   Engaging with the Latin American
                                                                     Community on Natural Capital
 •   Agreement with GBCe to mainstream biodiversity into
     green building certification systems                            Accounting and SBTN

 •   Co-leaders of the Working Group on Natural Capital of the   •   Ongoing work with the WG
     Spanish Green Growth Group, along with Creando Redes            on Natural Capital and Energy (launch of
                                                                     the Spanish co-hort report, TBC)
 •   Leaders of the Spanish Environment Congress'
     TC6 on "The future of climate and nature-                   •   Launch of the report on
     related risks and their financial impacts"                      biodiversity mainstreaming performance
 •   Launch of the Natural Capital Factory webinars series           of the Spanish Ibex 35 listed companies

                                                                                                                37
CDC Biodiversité                                         2021 pipeline

                                                         Global Biodiversity Score:
                                                         • GBS 1.1.0
 Main achievements in 2020
                                                         • Biodiversity Footprint Assessment (BFA)
 Global Biodiversity Score :                             • GBS Tranings
 • ABMB                                                  • publications :
 • Lauch GBS 1.0 and the opening event +                    ➢ 4 priority sectors oh the 2018 French
     publication                                                Biodiversity Plan (buildings and materials,
                                                                agro-food, energy, chemicals)
 •   1st end-to-end biodiveristy footprint : Schneider
     Electric                                                 ➢ GBS updating
 •   Workshops : EBNS warm up, EU B@B on                 •   Join and contribute to the PBAF
     SBT/corporate/finance                               •   Biodiversity Impacts Analytics (BIA) with
                                                             Carbon4 Finance
 Caisse des Dépôts Group:
 • Pledge “Finance for Biodiversity”                     European Investment Bank (EIB) :
                                                         • NCFF (offsetting sites, ie. Cossure)

                                                                                                              38
Main achievements in 2020
•   Application guidance for climate-related disclosures
•   The state of EU environmental disclosure in 2020
•   Training of corporates

2021 pipeline
•   Nature-related financial disclosures
•   Application guidance for water-related disclosures
•   Application guidance for land-use and biodiversity-related
    disclosure
•   Training of corporates

                                                                 39
UNEP FI
(Ecosystems/Nature
workstream)
 Main achievements in 2020                              2021 pipeline
 •   Launch of TNFD Informal Working Group          •   Update strategy w member advisory group
     (IWG) w partners                               •   PRB biodiversity guidance launch (w
 •   Launch of Sustainable Blue Economy Finance         WCMC, SBTN); potential collective action
     Initiative: w partners 55 members and          •   ENCORE biodiversity module and how-to
     guidance                                           launch; continue uptake efforts (NCFA)
 •   ENCORE widely used in ‘making the case’ e.g.   •   Food systems sustainable finance
     by DNB, Swiss Re, WEF (NCFA)                       (climate/nature, UNSG Summit)
 •   Principles for Responsible Banking (PRB)       •   Support to CBD post-2020 GBF
     biodiversity targets working group                 development
     established
                                                    •   TNFD launch
 •   ‘Beyond Business as Usual’ released (NCFA)

                                                                                                   40
DG Reseach and                                                              2021 pipeline
Innovation                                                                             > over 100 R&I actions support EU
                                                                                       Biodiversity Strategy for 2030
                                                                                       implementation

 Main achievements in 2020              Cluster 6 ‘Food, Bioeconomy, Natural Resources, Agriculture and Environment’ will
                                        include a long-term strategic research agenda for biodiversity.
   HORIZON 2020                         Biodiversity & Ecosystem Services Destination:
                                    ▪      understanding biodiversity decline;
  > €2.6 billion EU                 ▪      valuing and restoring biodiversity and ecosystem services;
  investments in biodiversity-      ▪      managing biodiversity in primary production;
  related research                  ▪      enabling transformative change on biodiversity;
                                    ▪      interconnecting biodiversity research and supporting policies.
 > In 2020, the Green Deal
                                    European Partnership on Biodiversity R&I, ENV, co-funded with MS
 Call (€1bn, launch 18/09),
 includes ecosystems
 restoration.
 > 70 cities in Nature-based                                                                       ▪        Climate adaptation
 solutions demonstration projects                                                                  ▪        Oceans & water
                                                                                                   ▪        Soils
                                                                                                   ▪        Climate mitigation

                                                                                                                                 41
NATURAL CAPITAL
IRELAND

    Main achievements in 2020                            2021 pipeline
•    Produced two animated videos to introduce       •   Launched report to improve Ireland’s next
     natural capital concepts – An Introduction to       Biodiversity Action Plan
     Natural Capital Accounting and Natural              www.biodiversityimpactplan.ie
     Capital on Farmland
                                                     •   Hosting a Data 4 Nature conference in May
•    Conducted Irish Business & Biodiversity study       to highlight importance of open data in
     to explore the establishment of a national          environmental research
     B&B platform
                                                     •   Launched Policy Working Groups to
•    Significant increase in interest - grew             respond to the major policy consultations
     membership to over 850, Twitter over 2,000          such as CAP Review, National Biodiversity
     and LinkedIn page to over 500.                      Strategy, National SDG Strategy
•    Rebranded as Natural Capital Ireland (from
     Irish Forum on Natural Capital)

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