Video: How can finance unlock the power of nature?
Schroders Group CEO Peter Harrison sets out why investing can accelerate a nature positive future.
In the week of COP15, the United Nations' biodiversity summit in Canada, we recall how Peter Harrison summed up his attitude to investing in nature during a visit to one of Schroders Greencoat's offshore wind farms in the North of Wales earlier this year.
Peter Harrison: The world's waking up to the importance of nature, and we've got to just just get to net zero, but we've also got to get to a world that's nature positive. So the two things need addressing side-by-side.
And I think what we need to do is move from a world where nature was addressed simply through philanthropy, to a world where nature is addressed through bigger forces and we can start to understand how finance can come to really help nature in a positive, constructive, consistent way. And it's that unlocking of the power of finance that, to my mind, is the really exciting next step in addressing nature.
Nature-based solutions can perhaps hit 30% of what is required to hit our Paris targets.
We've got to really address local issues in local places. But if we can unlock the power of nature to be transformative, that becomes a really big accelerant into hitting some really demanding goals, both in 2040 and in 2050.
This document is issued by Schroder Investment Management Australia Limited (ABN 22 000 443 274, AFSL 226473) (Schroders). It is intended solely for wholesale clients (as defined under the Corporations Act 2001 (Cth)) and is not suitable for distribution to retail clients. This document does not contain and should not be taken as containing any financial product advice or financial product recommendations. This document does not take into consideration any recipient’s objectives, financial situation or needs. Before making any decision relating to a Schroders fund, you should obtain and read a copy of the product disclosure statement available at www.schroders.com.au or other relevant disclosure document for that fund and consider the appropriateness of the fund to your objectives, financial situation and needs. You should also refer to the target market determination for the fund at www.schroders.com.au. All investments carry risk, and the repayment of capital and performance in any of the funds named in this document are not guaranteed by Schroders or any company in the Schroders Group. The material contained in this document is not intended to provide, and should not be relied on for accounting, legal or tax advice. Schroders does not give any warranty as to the accuracy, reliability or completeness of information which is contained in this document. To the maximum extent permitted by law, Schroders, every company in the Schroders plc group, and their respective directors, officers, employees, consultants and agents exclude all liability (however arising) for any direct or indirect loss or damage that may be suffered by the recipient or any other person in connection with this document. Opinions, estimates and projections contained in this document reflect the opinions of the authors as at the date of this document and are subject to change without notice. “Forward-looking” information, such as forecasts or projections, are not guarantees of any future performance and there is no assurance that any forecast or projection will be realised. Past performance is not a reliable indicator of future performance. All references to securities, sectors, regions and/or countries are made for illustrative purposes only and are not to be construed as recommendations to buy, sell or hold. Telephone calls and other electronic communications with Schroders representatives may be recorded.