Not material for our direct impact.
As mentioned in EN12, it has long been a requirement of the Bank to ensure its impacts on critical biodiversity habitats and on areas of high conservation value are low and that internationally recognised sites for conservation are respected. However, as an institution the Bank is now evolving, supporting the EU in defining a common approach to the implementation of the “no net loss” principle, and is therefore targeting investments in pro-biodiversity opportunities and applying more rigorous biodiversity standards.