Reported 7 months ago
UBS Group AG recently hosted its first conference focusing on the ESG theme of biodiversity, aiming to expand in the area following Credit Suisse's plans. The event drew 250 attendees and showcased the growing interest in biodiversity within finance. UBS is exploring debt-for-nature swaps and other nature-focused initiatives, aligning with the trend of banks entering the fast-growing biodiversity market. The event coincided with the launch of a UBS-Planet Tracker study on energy transition strategies to protect nature, reflecting the increasing integration of biodiversity considerations in finance.
Source: YAHOO