We’re pleased to bring you an update on A-Track, a four-year, €11 million project that will accelerate action for nature by business, financial institutions and government.
A-Track is a consortium project funded by the European Union’s Horizon Europe program with co-funding from UK Research and Innovation and the Swiss National Science Foundation. IDEEA Group is proud to be part of the A-Track consortium.
Another consortium member, the Cambridge Institute for Sustainability Leadership (CISL), released two new A-Track reports at COP16 in Cali:
- Scaling Finance for Nature: Barrier Breakdown – emphasising the need to close the US$700 billion annual biodiversity finance gap by redirecting capital that is having a negative impact and scaling that which is having a positive impact.
- Better business: Re-thinking business models for nature positive outcomes – highlighting the need for businesses to transition to nature positive business models instead of focusing on incremental environmental improvements.
These reports discuss business models that make nature-positive achievable, with commercial capital as part of the solution.
We are thoroughly enjoying partnering with the 11 members of the consortium, and our Senior Economist, Dan Whitaker, contributed to this work.
Find out more about the A-Track project here and stay tuned for future news from the A-Track consortium.