2024 is the year of using location-based data to value biodiversity: Investors will begin to use location-based data to more accurately identify the true value of biodiversity in their assets this year, the head of a green finance firm has said.
Spatial data, identifying the location of features or boundaries on land, should help enable the monetisation of underlying biodiversity and carbon potential, said Fabian Huwyler, managing partner at Switzerland-headquartered Posaidon Capital.
“We believe 2024 will be the year where emerging high quality data, that has come to the forefront of the market over the last few years is…used to identify value assets”, he said during a UNEP FI webinar.
“With the use of spatial data, we believe, we could share price signals for major assets in a more accurate way, which will in turn hopefully lead investors to focus more on projects in areas with high carbon and biodiversity benefits”, he said.
Source: Posaidon Capital
Huwyler called for more risk-tolerant funding for early-stage projects, beyond philanthropy and venture capitalists, to help scale nature markets.
He acknowledged that nature investments are not yet mainstream, but said “we’re on the trajectory for getting there, hopefully”.
Press coverage taken from article by Thomas Cox, CarbonPulse, on January 30, 2024.
