Integrated Biodiversity Assessment Tool (IBAT)

IBAT is a live geospatial tool to identify where operations and supplier locations sit in areas of interest, like key biodiversity areas. Great screening tool, with an alert feature and visual outputs. It provides biodiversity data to support risk assessments and informed decision-making in investments.

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OVERVIEW

The Integrated Biodiversity Assessment Tool (IBAT) is a collaborative initiative developed by BirdLife International, the United Nations Environment Programme – World Conservation Monitoring Centre (UNEP-WCMC), the International Union for Conservation of Nature (IUCN), and Conservation International. It provides access to critical global biodiversity data, including the IUCN Red List of Threatened Species™, the World Database on Protected Areas (WDPA), and the World Database of Key Biodiversity Areas (WDKBA).

IBAT is designed for organisations seeking to assess and manage biodiversity-related risks and opportunities. Its user base includes financial institutions, corporations, government agencies, and non-governmental organisations involved in environmental conservation and sustainable development.

For finance professionals, IBAT offers several key benefits:

Risk assessment: IBAT enables the identification of biodiversity risks associated with investments and operations by providing data on protected areas, key biodiversity sites, and threatened species.
Due diligence: The tool supports due diligence processes by offering detailed reports on biodiversity impacts, aiding in informed decision-making and compliance with environmental regulations.
Reporting and compliance: IBAT assists in meeting biodiversity disclosure requirements, such as those outlined by the Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD), by providing accurate and up-to-date biodiversity data.
Strategic planning: The platform aids in integrating biodiversity considerations into investment strategies and portfolio management, promoting sustainable finance practices.

By leveraging IBAT, finance professionals can enhance their understanding of biodiversity-related risks and opportunities, supporting the integration of environmental considerations into financial decision-making processes.