FAQs
The Finance for Biodiversity (FfB) Foundation is a non-profit organisation uniting around 200 financial institutions, collectively managing over €23 trillion in assets across 29 countries, as signatories of the FfB Pledge.
We provide a collaborative platform, tools and insights to help our members assess biodiversity impacts and dependencies, set targets, engage with companies, and integrate nature into financial decision-making. Our mission is to drive systemic change in the financial sector—reducing harm, increasing positive impact, and aligning financial activities with global biodiversity goals. Established in 2021, we also advocate for world leaders to take decisive action to halt and reverse biodiversity loss.
Our members work together in working groups and sub-groups to advance biodiversity integration in financial decision-making. These collaborative and pre-competitive spaces allow financial institutions to develop guidance, share best practices, and drive tangible progress toward nature-positive finance.
We also actively foster synergies with leading international initiatives such as UNEP FI (United Nations Environment Programme Finance Initiative), the Principles for Responsible Investment (PRI), the Taskforce on Nature-related Financial Disclosures (TNFD), the European Business & Biodiversity Platform and the Partnership for Biodiversity Accounting Financials (PBAF). Through this collaboration, we aim to amplify impact, reduce duplication, and ensure coherence across the biodiversity finance landscape.
Financial institutions that have signed the Finance for Biodiversity Pledge can become a member of the FfB Foundation by paying an annual fee. FfB members can take part in as many of the working groups as they would like; however, we do ask for active participation.
Learn more about our working groups.
The Finance for Biodiversity Pledge is a commitment by financial institutions to help protect and restore biodiversity through their activities and investments by undertaking the following:
- Collaborating and sharing knowledge
- Engaging with companies
- Assessing impact
- Setting targets
- Reporting publicly
The Guidance to the Pledge document clarifies these five commitments and illustrates them with examples, practical ideas and key resources.
The Finance for Biodiversity Pledge is open to asset managers, asset owners, banks, insurance firms, pension funds, impact funds and other financial institutions worldwide.
All signatories are required to report against the Pledge on an annual basis, with a two-year grace period after signing the Pledge. The inaugural cohort of signatories that will report against the Pledge will commence in 2025. During Q2 of each reporting year, signatories should anticipate receiving a survey from the FfB Foundation requesting submission of their annual reporting against the Pledge commitments.
Whilst FfB Foundation members will receive ongoing reporting support and scoring, please note that the FfB Foundation will not assess or score the reporting of signatories who are not also members of the FfB Foundation. It is the responsibility of the signatory to ensure that their reporting against the Pledge is carried out and disclosed transparently using appropriate frameworks and data sources. For full accountability and transparency, the FfB Foundation will be building a public repository of reports on the FfB Foundation website, where each of our signatory’s disclosures for the respective reporting years will be showcased and available to third parties and investors.
Signatories are expected to report against all five of the Pledge commitments year on year. If a signatory is unable to achieve this for one or more of the commitments, they will be expected to leverage a comply or explain approach within their reporting, highlighting the following:
- Why the commitment(s) was/were unable to be met during the reporting period;
- Actions the signatory plans to implement to comply with the commitment(s) in the subsequent period.
Your financial institution can become a Finance for Biodiversity Pledge signatory by completing this application form and sending it to info@financeforbiodiversity.org.
For more information on how to sign the pledge and membership options, please see our information pack.
There is no fee to sign the Finance for Biodiversity Pledge. However, a financial contribution to cover communications is most welcome. Financial contributors will be mentioned in the press release, on the website, and on our social media channels.
Membership of the Finance for Biodiversity Foundation is subject to an annual fee. The amount payable depends on the type of membership you choose and the total assets of your organisation. More details can be found in our information pack.