Biodiversity Rating Investment Agency (BIRA)

The Biodiversity Investment Rating Agency (BIRA) will make it easier for companies to measure, communicate, and track their biodiversity impact, which will help identify and unlock investments for the sector. Biodiversity is ranked as the third most significant threat to humanity, after carbon emissions and nuclear war. Yet, less than 16% of the required funding is currently available for biodiversity protection, leaving a US$ 700 billion funding gap for biodiversity conservation and restoration. Private capital can play a critical role in closing this funding gap while tapping into an attractive asset class that is poised to grow. For instance, between 2018 and 2019, Global Sustainability Linked Loans that offer incentives for companies to reduce their negative impact on nature increased by 168%. However, investments are currently constrained because there is no standard way to measure, communicate, and track biodiversity impacts.