Green Energy Transition: Biodiversity Finance

The video discusses the significant economic impact of biodiversity loss, estimated at $2.7 trillion over seven years, affecting food security and supply chains. It highlights the emerging focus on biodiversity within ESG frameworks and the need for increased funding, particularly from the private sector, to address these challenges. The video also explores the potential of biodiversity credits and the redirection of harmful subsidies. Additionally, it addresses the complexities of biodiversity taxonomy and the development of frameworks like the Task Force for Nature-related Financial Disclosures to improve understanding and reporting.

What is the estimated economic impact of biodiversity loss over the next seven years?

• $1 trillion

• $2.7 trillion

• $500 billion

• $3.5 trillion

What percentage of current biodiversity funding comes from governments?

• 60%

• 90%

• 50%

• 80%

Which sector is identified as having massive biodiversity vulnerabilities due to harmful subsidies?

• Technology

• Agriculture

• Healthcare

• Finance

What is the main challenge in biodiversity taxonomy according to the transcript?

• Government regulations

• Insufficient data

• Complexity of language

• Lack of funding

What is being developed to address taxonomy issues in biodiversity?

• Biodiversity Task Force

• Sustainability Reporting Group

• Task Force for Natural Financial Disclosures

• Environmental Impact Committee