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BNP Paribas Asset Management Launches Ecosystem Restoration Fund

BNP Paribas Asset Management Launches Ecosystem Restoration Fund
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Asset-management
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United-nations
World-environment-day
Development-goals
Strategies-group

BNP Paribas AM launches ecosystem restoration fund

BNP Paribas AM launches ecosystem restoration fund
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French boutique launches ETF to tackle biodiversity destruction

French boutique launches ETF to tackle biodiversity destruction
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Ossiam ETF aims to tackle biodiversity destruction

Ossiam ETF aims to tackle biodiversity destruction Smart beta specialist Ossiam has rolled out an ETF designed to tackle the destruction of global biodiversity. Said to be the first of its kind, the strategy takes a quantitative approach in order to achieve a measurable reduction in the biodiversity footprint of the food and agriculture sector.  Ossiam chief executive Bruno Poulin warned that “if current food production methods and diets are not drastically improved, there are likely to be calamitous environmental, social and political outcomes”.  “Mobilising capital and engaging with companies in the broad food and agriculture sectors is one way of making a positive contribution to the immense environmental challenges facing humanity now,” he added.

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How much is an elephant worth? Meet the ecologists doing the sums

How much is an elephant worth? Meet the ecologists doing the sums Patrick Greenfield In 1996, Prof Shahid Naeem was part of a team of researchers who set out to value the Earth. Specifically, they were trying to establish the dollar value of all of the “ecosystem services” the planet provides to humans every year. Around $33tn, they concluded, nearly double global GDP at the time. “The team was half ecologists and half economists. The ecologists found the exercise really scary but understood the utility of it. The economists felt nature could be valued but they disagreed about how it could be done,” Naeem says.

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