Accounting & Finance

Humanity is facing a triple planetary crisis of climate change, biodiversity loss and pollution, creating a complex web of challenges that must be addressed in a coordinated manner. Among these, pollution follows the principle of double materiality: it affects both society and ecosystems, and poses growing risks to financial institutions. However, banks can play a powerful role in reversing this trend by supporting clients that adopt resource-efficient and low-pollution practices.

Countries globally are mobilising the bioeconomy’s potential for sustainable growth and development through dedicated national and regional bioeconomy strategies. The bioeconomy utilises biological resources and biotechnologies to produce valuable products and services across sectors such as agriculture, health, chemicals, energy, and manufacturing. Its economic value is substantial and expected to grow dramatically.