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The global biodiversity framework agreed at the COP15 conference this week failed to meet expectations among some observers that it could provide an equivalent target to 'net zero' for nature, according to a research note by HSBC.

The agreement by countries at COP15 to protect 30% of land and sea biodiversity by 2030 is likely to leave private sector initiatives to do much of the heavy lifting in areas such as devising nature-related metrics and targets, a large asset manager has said.

Thomas Cox provides a snapshot of a day at the COP15 conference in Montreal

Montreal: The German government announced €29 million ($31 million) of support for the Taskforce on Nature-related Financial Disclosures (TNFD) at COP15, to support development and adoption of nature-related disclosures.

Regulated voluntary carbon markets should be a key tool to protect and restore nature, argues Naomi Swickard

A forest restoration fund with a target of raising R$220 million ($41 million) by the end of its first year will be co-managed by JGP Asset Management and World Wildlife Fund (WWF), it was announced at COP15.

The body developing international sustainability reporting standards has said it intends to ramp up efforts to include nature after it completes its work on climate, as it told attendees at the COP15 biodiversity conference that company value creation is inextricably linked to nature.

Asset manager Schroders will file resolutions at companies related to sustainability more often in the coming years, an executive has said.

150 financial institutions representing over $24 trillion in assets under management have called on countries to adopt a post-2020 Global Biodiversity Framework at the UN Biodiversity Conference (COP15).

Montreal: Financial institutions will have to report on their nature risks regardless of the outcome of COP15 due to nature-related action from central banks, an executive at Rabobank has said.