A Queensland regional group has prepared detailed environmental accounts for an area extending over 5.6 million hectares, and is looking for investors wanting to protect and restore its natural capital.
Investors are preparing to launch a nature equivalent of the powerful global Climate Action 100+ alliance, and have warned Australian companies that their biodiversity disclosures are inadequate.
After last year becoming the first buyer of Reef Credits, HSBC bank has teamed with the Nature Conservancy Australia to plan the world's first issuance of a nature-focused "blue bond".
A new UN-backed alliance has formed to develop a TCFD-style approach to disclosing impacts and dependencies on nature, and an Australian investor group says companies should start reviewing existing disclosures now.
HSBC and climate change advisory firm Pollination Group plan to raise US$6 billion for investment in nature-based projects and Australia is likely to attract a significant portion, according to Pollination co-founder Martijn Wilder.
Top greenhouse gas emitters are failing to properly disclose and manage their supply chain forest and water resource risks, according to an analysis prepared for institutional investors.
NAB, by far Australia's biggest agribusiness lender, is adjusting its credit risk assessment procedures to take into account how farmers manage natural capital, according to the bank's chairman, Ken Henry.