Mountain areas are home to around 1 billion people and provide goods and services. This is why the protection of healthy mountain ecosystems has become a must. The op-ed by FAO’s Mountain Partnership Secretariat.
Why investors should fear the rapid decline in bee populations
La moria delle api è anche un problema finanziario che potrebbe colpire a cascata i profitti di innumerevoli industrie e, quindi, i loro investitori.
Pollinators’ decline in Europe and Northern America is posing a threat to agriculture and the food industry in general. Just a few, however, know that this phenomenon could lead to severe consequences for investors, too. This is what an analysis conducted by the United Nations-supported Principles of Responsible Investment (PRI) has shown. The report comes just a few days after France’s decision of banning – as of 2018 – neonicotinoids, a kind of pesticides that have harmful effects on pollinators.
The economic value of pollinators
The United States Department of Agriculture (USDA) estimates that bees’ amazing work contributes to producing food products that account for 20 billion dollars in annual US agricultural production. Globally, figures increase to 217 billion dollars a year. About 75 per cent of the world’s crops, in fact, depend at least in part on pollination. By result, pollinators’ decline would have a knock-on effect across the entire supply chain, from fields to supermarkets. Those who invest in the food and beverage industry shouldn’t overlook the importance of this. For example, California is forced to transport honey bees across the country to pollinate its almond crops, for an estimated cost of 150 dollars a hive, for a total of 1.5 million bee hives.
Agriculture is not the only sector involved though. Bees pollinate also crops used for animal feed, thus affecting livestock farming, and cotton cultivations providing the textile industry. Not to mention agrochemical giants. Syngenta declared that a ban on neonicotinoids would lead to a drop in sales of 75 million dollars, about 6.5 per cent of the total on a global scale.
The risks company face due to pollinators’ decline
Investors do have the right to know if companies they’re investing their money in are more or less vulnerable to the economic consequences of pollinators’ decline. However, this is not taking place. Over the past few months, measures to save pollinators have been put in place, but companies still seem reluctant to consider decline as a monetary risk.
Some shareholders are starting raising their voice. For example, PepsiCo shareholders are petitioning the company to assess the financial risks due to the decline of pollinators across its supply chains and, on the other hand, to report on its strategy to reduce high-risk pesticides. According to the UN PRI, if other responsible investors follow suit, companies and policy makers will be encouraged to do better.
Quest'opera è distribuita con Licenza Creative Commons Attribuzione - Non commerciale - Non opere derivate 4.0 Internazionale.
The fourth edition of the Greening the Islands International Conference will be held on the Italian island of Favignana on 3 and 4 November. The protagonists are the world’s small islands and the green economy.
China, India, Japan and South Korea are leading in the use of financing mechanisms such as green bonds to tackle key sustainability challenges.
It has taken 15 years of negotiations but the world’s governments have finally reached an agreement to protect the oceans and the high seas.
The extent of sea ice in Antarctica reached a new record low on 21st February 2023.
Communities in Kwa-Zulu Natal have been at loggerheads with Tendele Coal Mine over land destruction, water pollution and the killing of activists.
BNP Paribas has been sued by three French NGOs. This lawsuit marks the first time ever that a commercial bank is sued over its fossil fuel financing.
Shell’s board of directors is being taken to court by ClientEarth for failing to move away from fossil fuels fast enough.
Sweden is planning to introduce tax breaks and deductions to those who repair objects and appliances rather than throwing them away. A great example of circular economy.