BwB are delighted to present our first thought piece for 2023 entitled: “Biodiversity by design”, co-written with biologist, scientist and former direction of IUCN Asia, Aban Marker Kabraji.
In the piece we explore how nature can be used as a critical component of well-developed infrastructure and provides real opportunity for value creation at a project level. We then examine the rationale for increased focus on biodiversity and nature within infrastructure projects and indeed consideration of nature as infrastructure in itself.
We believe multilateral development banks can play a catalytic role in the consideration of nature-based solutions into infrastructure decision making processes and help create real momentum in the transition beyond traditional grey infrastructure.
“Not only is there significant risk mitigation potential by fully incorporating biodiversity considerations into infrastructure financing, but through considering the potential positive impact and interdependencies of the project on the natural environment around it further opportunities for value creation exist. We need to widen the traditional view and consider how nature itself can be treated as infrastructure.“, commented Chris Smith, BwB Global Head of Sovereign Sustainable Finance.
The key role of biodiversity finance has also been part of our latest Impact Investor Group (IIG) conversations with key industry leaders, touching upon issues such as: biodiversity investment mainstreaming, biodiversity credits and risk mitigation for nature-related projects.
"Thought pieces such as these broaden the awareness, appeal and finance of Nature-Based Solutions and Biodiversity projects. BwB have an informed perspective on this subject from which we are able to leverage our expertise in providing positive impact financial solutions.”, commented Fiona Blythe, BwB Executive Director, Global Head Biodiversity & Nature-Based Solutions Finance.
Thanks also to Mark Halle of Better Nature for the input provided.
Find the full thought piece at the following link -> https://www.bwb.earth/post/bwb-are-pleased-to-share-their-latest-thought-piece