5 empowering insights from the FuturePlanet community and network. Read on to discover collaboration and solutions on data centre circularity, climate credit risk, biodiversity action, nature credit standards, and water efficiency.
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The AI gold rush is driving data centres' impact on water supply and communities. Hardware waste and critical raw material scarcity are also the other systemic challenges that cannot be solved by individual companies alone. The DICE Network+, an EPSRC-funded initiative led by the University of Exeter and involving Defra, HSBC, IBM and others, mapped cross-sector barriers, co-developed a roadmap for an open-source secondary market platform, and took findings to the Data Centre All-Party Parliamentary Group. [Read more]
Flood-related disasters have risen 134% since 2000, yet current credit risk frameworks have no mechanism to recognise investment in climate resilience as a credit-positive variable. This leaves the financial system accumulating physical climate risk faster than it is pricing it. CISL's Banking Environment Initiative, which is backed by ABN AMRO, Deutsche Bank, HSBC and NatWest Group. has proposed the Resilience-Adjusted Credit Risk framework to integrate physical climate risk, insurance adequacy and resilience investment into core credit metrics. [Read more]
In 2023, global finance flows with directly negative impacts on nature totalled $7.3 trillion. Yet most businesses still lack agreed methods to measure their own relationship with biodiversity. The IPBES Business and Biodiversity Assessment provides more than 100 specific actions for businesses alongside sector-specific metrics to measure biodiversity impacts and dependencies across value chains. [Read more]
Nature credit markets are growing fast, but without shared standards, buyers cannot tell good credits from bad. BSI's Nature Investment Standards, backed by Defra, is the UK's first government-backed integrity standards for nature markets. The standards are free to access and give clear requirements for how biodiversity and nutrient credits must be designed, supplied, traded and stored. [Access here]
Global freshwater demand is forecast to overtake supply by 56% by 2030, yet most organisations still manage water with no clear sense of how they compare to peers. The CDP and Ecolab Water Use Efficiency Index, drawing on 10,000 corporate disclosures and insights across 40 industries, gives companies a peer benchmark and how to improve. [Read more]
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To collaborate with fellow changemakers solving challenges and sharing solutions. Apply to join the FuturePlanet community here ⬇