One of the objectives of ECOPRONAT is to develop knowledge and methodologies to mainstream biodiversity into public policies and into several areas of activity of AFD Group. ECOPRONAT also supports initiatives to mobilize the financial resources needed to effect these changes.
Mainstreaming biodiversity
The first ECOPRONAT call for projects focused on mainstreaming biodiversity in three sectors – agriculture, regional planning and urban development – and on its financing.
Two projects were selected:
Scaling up nature-based solutions (NbS)
Four projects were selected under the second ECOPRONAT call for projects, which focused on scaling up nature-based solutions and large-scale ecological restoration. The projects:
Methodologies for assessing strong sustainability
The ESGAP (Environmental Sustainability Gap) is a strong sustainability indicator that makes it possible to assess the environmental sustainability of a given country, region or locality. This can help establish international standards governing ecosystems and their ecological status.
The ECOPRONAT program supports research dedicated to the development of the strong sustainability indicator, and has supported case studies in Vietnam and Kenya. Following a call for projects, two more studies are underway:
- A first study aims to develop indicators for biodiversity and the health of natural ecosystems, as well as an ESGAP methodology in South Africa and Colombia.
- A second study aims to refine socio-economic indicators and study the relationship between the economy and the environment, with Vietnam as a case study.
The program also supported contributions to the United Nations Environment Program (UNEP) report, Measuring Progress: Environment and the SDGs (2021).
Watch online: To measure the good state of the planet (Set English subtitles on YouTube.)
Mobilizing the financial sector for biodiversity mainstreaming
- Support for the implementation of the TNFD
The ECOPRONAT program supports the mainstreaming of biodiversity in the financial sector by supporting the implementation of the Taskforce on Nature-related financial Disclosures (TNFD), an international initiative in which AFD is involved. The objective of the taskforce is to develop a common framework for financial institutions and businesses to assess, monitor and publish financial risks related to biodiversity decline.
The ECOPRONAT program supported a study on the level of preparedness of public development banks for the use of risk management and disclosure frameworks produced by this initiative. This research highlighted the expertise of public development banks in mitigating environmental risks in their investments and identified levers and opportunities for collaboration with the TNFD.
- Research on metrics of impact and dependence of economic activities on biodiversity
Many metrics are being developed at the international level to help businesses and financial institutions assess and reduce their biodiversity footprint. The ECOPRONAT program supports the implementation of a comparison test between the six most advanced metrics, to assess their relevance for development projects and to better characterize the environmental impacts of the latter.
The study on the design of this comparative analysis, conducted by The Biodiversity Consultancy, is available online. The research project on biodiversity metrics for Public Development Banks (PDBs) is conducted by the Biotope/Arcadis consortium.
Watch online: Biodiversity and financial instability (Set English subtitles on YouTube.)