Natural Capital, Investment Banking and Biodiversity

If you had asked me a year ago if I had any interest in banking, I probably would have said no. As a natural sciences graduate passionate about sustainable development, it just wasn’t a path I associated with my interests. Yet in March 2019, I set off for Luxembourg to undertake a traineeship at the European Investment Bank (EIB). Not just any bank, the biggest multilateral bank in the world, responsible for lending over EUR 50 billion in 2018 alone.

The reason for this sudden change in direction was discovering a new pilot program at EIB called the “Natural Capital Financing Facility” (NCFF). It seemed like a unique project attempting to use traditional investments to support and conserve Europe’s ecosystems and biodiversity. The interdisciplinary aspect of combining finance with biodiversity, economics with environmental sustainability, really appealed to me and was too good an opportunity to miss. I applied for a traineeship position with the NCFF, crossed my fingers, and a few months later, had packed my bags for Luxembourg!

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A New Horizon for Nature

This week saw the first National Biodiversity Conference in Ireland at Dublin Castle – an incredible joint effort between the National Parks and Wildlife Service of the Department of Culture, Heritage and the Gaeltacht and the Irish Forum on Natural Capital to engage people in nature. The conference aimed to get all relevant parties in the room to progress biodiversity conservation and restoration in Ireland.

Delegates at Dublin Castle for the New Horizons for Nature conference

The conference opened with a powerful short film by Crossing the Line Productions “This is Ireland” which set the tone for a fantastic two days.

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