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The Finance Sector

A Global Canopy Programme
waterfall
The Challenge

Tropical forests are being cleared every day to make way for globally-traded commodities, and this trade is powered by billions of dollars in lending and investment.

However, these forests contain the natural capital that we depend on for our future prosperity. To ensure sustainable global economies, we must understand and account for the value of the goods and services provided by nature. Loans, investments and portfolios must be evaluated for their impact on natural capital, and key decision makers must be empowered to act on environmental risk in the finance sector.

Finance
Our Approach

Global Canopy’s Finance Sector Programme works to engage and support leading financial institutions (FIs).

Global Canopy jointly manages the Natural Capital Finance Alliance with the United Nations Environment Programme Finance Initiative (UNEP-FI). Our aim is to increase awareness among financial institutions of the natural capital risks they are exposed to through loans and investments, and to provide the tools to assess and negate such risks, as well as to identify opportunities for more sustainable investment. As well as tools and guidance, the Natural Capital Finance Alliance also manages the associated Natural Capital Declaration - a statement outlining the responsibilities and objectives of forward-thinking FIs with regard to environmental risk - that has been signed by the CEOs of over 45 FIs to date, representing a growing momentum among influential FIs to mitigate their reliance and impacts on natural capital.