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About PBAF

The Partnership for Biodiversity Accounting Financials (PBAF) develops the ‘PBAF Standard’. The PBAF Standard enables financial institutions to assess and disclose impact and dependencies on biodiversity of loans and investments.

PBAF provides practical guidance to financial institutions on biodiversity impact and dependency assessment and defines what is needed in order for these assessments (either or not conducted by data providers) to deliver the right information to financial institutions. With this information financial institutions can effectively manage and report on biodiversity related risks and opportunities and contribute to the conservation and sustainable use of biodiversity.

The development of the Standard started in 2019 and is led and supported by a group of PBAF-partners and supporters, now totaling 27 financial institutions from 7 countries (November 2021). PBAF aligns and cooperates with other biodiversity related initiatives in the financial sector, like the European Align project, the Taskforce for Nature related Financial Disclosures (TNFD) and the Finance for Biodiversity Pledge.

PBAF is an independent foundation based in the Netherlands.

ESG investment of the year 2021, sustainable Investment Awards
The Partnership for Biodiversity Accounting Financials won the ESG investment initiative of the year at the 2021 Sustainable Investment Awards. Click on the image for the full article

First version of the PBAF Standard

A first version of the PBAF Standard was presented in the 2020 publication ‘Paving the way towards a harmonised

biodiversity footprinting approach for the financial sector’. Building on this first publication, PBAF partners are currently cooperating in three working groups (Asset management, Agriculture and Positive impacts). The results of these working groups will be translated into further guidance, definitions, principles and requirements for the 2022 version of the PBAF Standard, expected to be published at the beginning of 2022.

PBAF Common Ground Paper (Cover)
Download and read the PBAF Common Ground Paper