Environmental risk screening: A training session on tools used by the finance sector

There are currently a number of tools available to the finance sector for biodiversity and environmental risk screening and management. It will become increasingly important for environmental practitioners to be aware of these tools and how they work in order to support financial institutions in integrating the consideration of environmental risks within their existing risk management processes. This session will provide an overview of the tool landscape for environmental risk screening, and training on some of the tools currently used by the finance sector (for example ENCORE, IBAT, SPOTT and Trase). The training will explore complementary tools that are useful for different types of financial transactions, from screening for potential biodiversity impacts and opportunities, to understanding how economic sectors depend on nature, and to showing how commodity exports are linked to different pressures on nature.