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ARTICLE · 17 NOVEMBER 2023

EIB Announces New Measures To Address Biodiversity Loss

Hogan Lovells Cadwalader
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Hogan Lovells Cadwalader

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On September 20, 2023, the European Investment Bank (EIB) announced that it was developing a methodology to assess its clients' exposure to nature-related impacts and risks.

European UnionEnvironment

On September 20, 2023, the European Investment Bank (EIB) announced that it was developing a methodology to assess its clients' exposure to nature-related impacts and risks. The EIB reinforced its commitment to address biodiversity loss and the threats posed by climate change and presented the measures at events taking place during the United Nations General Assembly held in New York between September 18-22, 2023.

The EIB stated that it recognizes the pressing threats that climate change poses to biodiversity and ecosystems. As a result, the Bank is implementing measures to assess and manage these risks, which will play a pivotal role in shaping future investments and support for biodiversity. The bank's Vice President, Ambroise Fayolle, unveiled the EIB's "nature-positive" framework, emphasizing the importance of supporting investments that protect biodiversity and manage risks associated with threats to nature and biodiversity. To understand and manage the

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