October 13th, 2023, 11:30 AM - 1:00 PM EDT

Innovative use of Earth Observation Products in Support of Nature Finance (SESSION)

The global biodiversity loss poses a crucial development issue and states the urgency of a financial system with winning policies in terms of both biodiversity and economic outcomes. Satellite-based products provide crucial information to quantify dependencies and impacts on nature of supply chains and can be integrated into operational reporting practices and financial decision-making. Developing standard procedures to assess and monitor physical and transition risks, transparently define bio-debits/credits, effectively integrate nature-based solutions in financial systems are some key challenges where satellite assets can highly contribute. This session welcomes innovative demonstrations of satellite assets for nature finance metrics and management. 

This session will conclude with a 30-minute panel discussion among the speakers and organizers.

Organizers:

Francesca Elisa Leonelli (European Space Agency - ESA)
Christophe Christiaen (Oxford Sustainable Finance Group, University of Oxford; UK Centre for Greening Finance and Investment)

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