Principles for Responsible Banking: Nature Target Setting

Year Published

2023

Contributing Organizations

United Nations Environment Programme Finance Initiative (UNEP-FI)

Type of Resource

Guidance

Languages

English

Relevant Topics

Core Topic

Target Setting

Topic 2

Nature

Topic 3

Banking

Target Audience

Banks

Relevant Geography

Global

Resource Description

This guidance helps banks set nature-related targets under the Principles for Responsible Banking (PRB), focusing on reducing negative impacts and financing nature-positive outcomes.

Why This Matters

Setting nature targets enables banks to manage these risks and support global nature goals.

Key Insights

Defines nature-related risks, dependencies, and impacts for banks
Recommends a five-step process: assess impacts, prioritize, set objectives, define targets, and monitor progress
Aligns with global frameworks like TNFD and the Kunming-Montreal Global Biodiversity Framework
Includes sector-specific examples and metrics for target setting

Secondary File Resources

Secondary Resource Link(s)

PRB Nature Target Setting Guidance

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