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By Martina DAVANZO, Manager, Sustainability Practice Advisory, CFA ESG Investing and Frédéric VONNER, Partner, Sustainability and Sustainable Finance, PwC Luxembourg
For the past few decades, the European Union (EU) has seen a dramatic decline in biodiversity because of extensive agriculture, intensified management practices, urbanisation, pollution, and forestry.
Biodiversa+, the European biodiversity partnership for research on biodiversity, reports that there has been a 60% decline in farmland bird populations over four decades and an alarming nearly 80% decline in European insects. These are just some of the negative trends on biodiversity. Due to dependencies of our systems, the stakes go beyond ecological aspects and can hit our health...
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