Why the new Global Biodiversity Framework matters to members of the Principles for Responsible Banking

Today, a historic agreement was reached at the UN Biodiversity Conference (CBD COP 15): the Kunming-Montreal Global Biodiversity Framework which aims to halt and reverse biodiversity loss by 2030. Taking a similar approach to the Paris Climate Agreement, this framework sets a clear mandate for private financial flows to align with the 2050 Vision of “Living in harmony with Nature”, providing the finance sector with a landmark agreement for biodiversity-related financial-decision making.