• 12 June 2024
  • Spotlight

HKGFA Biodiversity Training Series: Nature and Biodiversity In Practice: Case Studies and Insights

The HKGFA Biodiversity Training Series was successfully concluded on 12 June 2024 with the 5th and final webinar session attracting approximately 500 attendees. The final session, titled “Nature and Biodiversity In Practice: Case Studies and Insight”, highlighted case studies and success stories in integrating nature and biodiversity into business operations and investment decision-making.

Key takeaways per HKGFA Review:

  • Tremendous investment opportunities: More than half of the world’s total GDP is moderately or highly dependent on nature and its services. Making investments with nature-positive outcomes can create new business opportunities to the scale of $10 trillion annually and create 395 million jobs by 2030.
  • Private sustainable financing growth is critical. Private-sector financing accounts for less than 18% of the total $200 billion annual finance flows with direct positive impacts on nature and climate.
  • Monitoring of biodiversity impacts must involve measurable, precise, consistent, and sensitive KPIs, and follow clear and consistent methodologies. New technologies such as remote sensing, eDNA analysis and acoustic monitoring are available to assess changes in states of ecosystem and key species.
  • Biodiversity remains an underinvested area for most companies and investors. While there are commercially viable solutions that promote biodiversity, proper incentives need to be put in place for project owners and stakeholders. One pathway, for example, is to encourage quality and not yield.

12 June 2024 | Hong Kong Green Finance Association | Events – Participant

Seneca Presentation

Replay of the event is available on the HKGFA YouTube Channel