Financial risks related to biodiversity

1. At the seminar, you will learn:

1.1. What types of natural risks (physical, regulatory, reputational) are relevant for production projects.
1.2. Нow loss of nature and degradation of the environment can lead to project blockage, loss or cost escalation.
1.3. What international standards and tools are worth knowing:
- TNFD (Taskforce on Nature-related Financial Disclosures);
- Natural Capital Protocol;
- SBTN, IBAT, ENCORE (assessment of natural risks and critical habitats);
- GRI, ESRS, ISO 14001 - for reporting;
1.4. Нow to approach the integration of these risks into the project management system and
investor communications.
1.5. Practical steps: where to get the data, how to assess, how this affects the cost and access to funding.

2. Key advantages for the subsurface user:

• Helps to take into account risk zones and natural restrictions on exploration or production sites in advance.
• Increases trust from investors, banks, regulators, and communities.
• Provides tools for preparing reliable and up-to-date project documentation.
• Accelerates project coordination and reduces the likelihood of conflicts.