Biodiversity Finance Metrics for Impact Reporting
Since the publication of the updated IFC Biodiversity Finance Reference Guide in May 2023, there has been growing demand from the market for more comprehensive guidance on impact reporting for biodiversity finance activities. This supplement responds to the demand and serves as a companion resource to the original guide.
It expands on the preliminary impact reporting guidance provided in the guide and suggests specific metrics for each of the investment activities. The intention is to provide guidance to issuers and borrowers on metrics that could be used for impact reporting purposes to strengthen alignment with the reporting core component of of the Green Bond and Loan Principles. The document draws on and aligns with the latest market practices wherever possible.
The purpose of this document is to scale the biodiversity finance market and promote transparency and accountability. It provides a practical tool for investors and corporations to measure the impact of investments that seek to protect, maintain, or enhance biodiversity and ecosystem services to transition to nature-smart economies. This transformation of economic activity is crucial to halt and reverse biodiversity loss to meet the targets of the Global Biodiversity Framework