2020 was supposed to be the year that governments, business leaders and civil society came together to report back on the past decade’s worth of progress on addressing the biodiversity crisis. But the COVID-19 pandemic intervened and most of the big meetings scheduled for 2020 were scaled down or postponed until 2021. But that doesn’t mean 2020 hasn’t been an eventful year for biodiversity conservation efforts. Perhaps most significantly, COVID has prompted a reevaluation of our relationship with the world around us, including how we interact with other species and their habitats. According to Simon Zadek, chair of the Finance for Biodiversity Initiative, the pandemic may ultimately come to be seen as a tipping point in long-running efforts to persuade the financial sector to factor nature and biodiversity into decision-making. In recent years, incorporating carbon emissions into financial decisions had become mainstream among corporations, governments and development finance institutions (DFIs), but biodiversity remained a remote, esoteric consideration. But COVID-19 changed that. Zadek recalls a meeting he had in January 2020 with a group of financial institutions to discuss integrating nature-based metrics and data into frameworks and standards. Their response, according to Zadek, was they had already expended all their political capital persuading decision-makers on the need to account for carbon. They could not “now tell them that they need to look at nature too.” Ten months later that same group was “about to produce a major piece of work on how to advance the data and metrics in measuring nature-related…This article was originally published on Mongabay Läs mer