Development finance offers practical pathway to nature recovery and biodiversity gains
United Kingdom, Oct. 28 -- The European Bank for Reconstruction and Development (EBRD) and other leading multilateral development banks (MDBs) have launched a joint initiative to leverage their environmental due diligence to actively contribute to biodiversity conservation, restoration and enhancement rather than merely avoid environmental harm.The associated publication, Identifying Opportunities to Support Biodiversity Objectives Through MDB Operations, was unveiled at the Seventeenth Meeting of the Conference of the Parties to the United Nations Convention on Biological Diversity (CBD COP17) in Yerevan, Armenia .Drawing on decades of experience in biodiversity risk management and environmental and social due diligence, the MDBs demonstra...
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