Esther Crauser-Delbourg

Very excited to share my latest piece in Forbes - "Adaptation and resilience in corporate climate agendas" If any of the below resonates, esp. with those working on adaptation resilience and/or corporate climate sustainability - our team at Riffle Ventures would love to hear from you! Main idea - climate adaptation and resilience can be an innovation driver for companies and we need to accelerate this agenda. 🏭 Most discussions around corporations and their climate agendas focus on if, how, and how quickly, big businesses are reducing their greenhouse gas emissions, as well as decreasing their own negative externalities on the natural environment. 💰 However, in parallel climate change is creating growing financial, infrastructure, health and other risks that could disrupt large companies, some of which is already happening. While the tools and strategies for decarbonization are fairly well-covered, we are only scratching the surface when it comes to building resilience and adapting to a warming planet. 🈺 Of course, emissions and corporate sustainability targets need urgent attention and commitment, but in parallel we need to make sure companies writ large are adapting to and building resilience against climate risks - e.g. droughts, floods, fires, grid instability and weakening infrastructure - are all a growing reality on a warming planet. 🆘 Corporations, regardless of industry and geography will require support across the board in navigating climate change's most pressing threats. The risk of not doing so could have near-term, material impacts on protecting critical infrastructure as well as access to necessary products and services - food and medicine - and could also negatively impact human's themselves - heat stress, job loss, etc. 🤖 There is a growing technology solution set focusing on climate adaptation and resilience, and we need to bridge the gap between between these climate tech startups and the corporate sector. In turn, corporations can have an enormous impact in helping to scale climate innovations and bolster the surrounding ecosystem. Many thanks to Jackie Roberts for providing time and insight for the article, Dhruv Jesrani for being the design wizard and to Suma Reddy Connie Bowen Abrar Chaudhury Alhan Fakhr Laith Kawar Madeleine Futterman Emmanuelle Palikuca Omar Saif Andrew Chang Hope Petraro Tom K. Deepa Lounsbury for their guidance along the way while we did the research for this, and for Dahna Goldstein for being the connection to Jackie! #ClimateAction #SustainableBusiness #CorporateResponsibility #SustainabilityGoals #ClimateLeadership #CorporateSustainability #SustainableDevelopment #ClimateInnovation #ClimateChangeAdaptation #ResilienceStrategies #SustainableSolutions #ClimateResilience #BuildingResilience #ClimateChangeResponse #AdaptationStrategies

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The 2024 edition of our climate tech VC infographic shows all the momentum & growth in VC funds covering the climate space. We mapped out seed, early stage and growth stage climate coverage across Europe & UK, US & North America, APAC, Africa and the Middle East. We also tried to split the map by funds with specific climate angles, climate generalists, deep tech funds and impact first funds. Many funds cover multiple verticals, stages and geographies at once. There are a few ways to cut this cake. What matters is that your fund is included 🚀 if we missed you, please add yourself here: https://lnkd.in/gjCUbBcA Would you like to get our next rounds of research and VC infographics? Make sure not to miss the next releases by signing up here: https://lnkd.in/gNJRHZP9

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Third submission on innovation and carbon credits as intangible assets to be discussed by IFRIC on 26th November...pile on! Both good and seriously important news for Rethinking Capital's community involved in the application of normative accounting to carbon and nature credits—that this, our third submission on IAS38, will be discussed by IFRIC on 26th November. https://lnkd.in/ee4pPiF7 Our two IAS37 submissions and the IASB's April agenda decision covered recognition of a provision for an emissions reduction commitment. They set the principle that when a provision is recognised then investments purposed to meet it can also be recognised as assets if they meet the qualification criteria under an existing standard. IAS38 is the ideal standard to use for the two primary means being used to meet a commitment being innovation and carbon credits. This has been another hard-fought win. Any discussion of how another 23 year-old standard can be (we'd argue should already be) applied to tackling the climate and biodiversity crises raises searching questions. To us, the same analysis by Nick Anderson in relation to climate risks and liabilities applies to the asset treatment—the problem is not the Standards but that accountants and auditors (incentivised to reduce taxable profits) are choosing not to apply them. This is a great opportunity to pile on for all who want to see carbon and nature credits properly recognised as intangible assets on balance sheets at active market value. Dr. Hubert Danso Cain Blythe Natalia Dorfman Renuka Shenoy Saurabh Jain-Punamiya Thomas Annicq Paddy Linighan Nigel Brook James d'Ath Richard Peers Robert Casamento Josephine Richardson Scott McGowan Jacqueline Brown Nick Spencer Dominic Emery Mei Lin Fung Jascha Stein Lindsay Hooper Malcolm Bacchus Neil Campbell FCA Julia Seppä (she/her) Eoin Murray Walid Al Saqqaf - Rebalance Earth Natalie Hollier Diego Casaes Rupert Pearce Adam Spunberg Dr Delton Chen

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This 230-page guide offers an extensive overview of diverse and complex methodologies, providing a critical reference for anyone in climate finance. Navigating these methods can be daunting ! This document brings them all together in one place, helping to clarify the path to decarbonization. It's a must-read for those dedicated to sustainable investing. Kudos to Julie Raynaud for leading this incredible work! And to the team Stéphane VOISIN Peter TANKOV Vincent Bouchet Adrien Ferrand João Paulo Sertã Dive in and transform your approach to sustainable finance! 🌍 #Sustaain #ClimateFinance #Decarbonization #Sustainability

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Is biodiversity risk the missing link in financial stability assessments? Discover insights from a groundbreaking study on France’s financial system!   I am very proud to be part of the co-authors of a peer-reviewed article led by Paul Hadji-Lazaro and Mathilde Salin, with Romain Svartzman, Etienne Espagne, Julien Gauthey, Julien CALAS, Antoine Godin and Antoine Vallier. 📊 Data and Method: ➡ Scope: Analysis of the biodiversity-related financial risks (BRFR) in the French financial system, focusing on the securities portfolio as of end-2019 and the underlying firms ➡ Measurement Tools Used: - Biodiversity Impacts Analytics powered by the #GlobalBiodiversityScore (BIA-GBS): biodiversity impacts - ENCORE Database: dependencies on ecosystem services (can also be accessed through BIA-GBS or the GBS) ➡ Risk Types Evaluated: - Physical Risks: through firms' dependency on ecosystem services like water provision. Risks arise from the degradation of ecosystem services critical to firms' operations. - Transition Risks: through firms’ biodiversity footprint. Indeed risks emerge from potential regulatory and market shifts towards nature-positive practices impacting firms with high biodiversity impacts. ▶ This dual analysis of dependencies & impacts provides a comprehensive view of how biodiversity loss can affect financial stability. See slide 1 for the approach's overview. 🔍 Results: - Physical Risks: 42% of the portfolio value is linked to firms highly dependent on essential ecosystem services which cannot be substituted by technology. See slides 2 to 4 for more details. - Transition Risks: The portfolio's biodiversity footprint is equivalent to the loss of 130 000 km² of pristine nature (130 000 MSA.km2). See the full paper (link in comments) for the associated charts. 🌟Key novelty of the paper: Definition of "High-Stakes" Sectors: - Criteria: Sectors identified based on their high or very high dependencies on ecosystem services & significant biodiversity footprints (top 10% footprint or footprint intensity). - Examples: Agriculture and mining are highlighted as having both high direct impacts & critical dependencies on biodiversity. Food processing has high supply chain impacts & direct critical dependencies. Other high-stake sectors include forestry, chemicals and construction. - Relevance: Helps prioritizing sectors for focused risk assessment & mitigation strategies. This paper which has been over a year in the making and marks a pivotal step in integrating biodiversity risks into financial assessments, especially with its practical “high-stake” sectors definition in terms of physical & transition risks. Next steps involve developing scenarios and deeper analyses of financial adjustments to mitigate potential shocks. 💬 Central banks have been leading the way in publishing BRFR assessments. Overall I feel like finance is the currently the main driver pushing for more action on biodiversity, do you share that feeling?

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🚨 Key Update: Will the EU Deforestation Regulation (EUDR) be delayed? 🚨 The regulation, crucial for combating global deforestation, faces pushback from various industries and countries. Concerns over economic impacts and compliance difficulties have led to calls for postponement, particularly from the coffee and timber sectors. This delay could offer businesses additional time to adapt. Stay informed and ensure your business is prepared for future changes! Read the full article to understand the potential implications: https://lnkd.in/e9YSGFdz #EUDR #Sustainability #Deforestation #Compliance #GlobalTrade

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