The first IFB workshop on Next Generation of Nature-Climate Analytics and Scenarios for Finance was held at the University of Oxford on 21st March.
The goal was to bring together leading practitioners and researchers from across the finance and scientific communities to chart a roadmap for the development of integrated nature-climate analytics and scenarios to help green finance for nature.
The closed-door forum brought together over 100 leading experts from across finance, economics, and science with a focus on risk management, investment and setting nature transition plans.
Dr Nicola Ranger speaking at the event
Shewly Choudhury from UKRI opened the proceedings, and was followed by keynote speeches from leading practitioners and researchers, panel discussions and workshop-style dialogue to build the frameworks and priorities for future nature-climate-economy modelling, data, analytics and scenario development including:
- Keynotes from Bart van den Hurk and Paula Harrison covering the IPCC and IPBES perspectives and Emily McKenzie on her personal journey through the Dasgupta Review to her leading role at Taskforce on Nature-related Financial Disclosures (TNFD) and their work on scenarios.
- Saskia de Vries, Marc Reinke, Helen Avery, Ben Carr, Christopher Kaminker - discussion on setting the landscape on Nature-Climate-Finance.
- Nicola Ranger, Andrej Ceglar and Jimena Alvarez presenting findings from recent work on Principles and Frameworks for Integrated Nature-Climate Scenario Development.
- Irene Monasterolo, Violette Pradère, Charlie Dixon, Gareth Thomas, Miodrag Stevanovic and Justin Johnson covering the state of the art in analytics and modelling to assess nature-related risks and opportunities for finance.
- Jo Paisley, Romain Svartzman, Sandy Trust, James Vause and Michael Obersteiner discussing Next Steps for Integrated Nature-Climate Risk Assessment.
Co-convened by the Environmental Change Institute (ECI), University of Oxford, UK Centre for Ecology & Hydrology (UKCEH) and University of Reading in collaboration with wider partners, we also formally launched the Greening Finance for Nature Flagship led by Dr Nicola Ranger of the Integrating Finance and Biodiversity Programme introduced by Nick Wells of UKCEH with a celebratory dinner and drinks reception.
The roadmap will be available to all in the coming month.