Climate Strategy Publication

The fight against climate change and nature loss has become a global priority. Loss of biodiversity and rising temperatures already have a dramatic impact on the environment, people and economies, in all regions of the world and all sectors of society. There is a global consensus on the need to systemically tackle the various crises we are facing. Acting to limit and adapt to climate change, while also tackling related ecological and social issues (such as biodiversity loss, gender inequalities and just transition) is key to create long-term value for businesses and society as a whole.

In line with BIO’s sustainable development mandate and overall strategic priorities, BIO’s ambition is to engage with and support its clients to steer capital towards projects in line with the low-carbon, resilient and ecological transition, taking into consideration important related social issues of gender inequalities and just transition. BIO’s climate strategy builds on the objectives and strategic impact targets set in the new management contract and reflects the ambition set by the government for the Belgian Cooperation.

BIO’s ambition will be developed, implemented and tracked based on three overarching climate and ecological sustainability priorities:

1. Do no significant harm to long-term climate & ecological sustainability
2. Mainstream climate and ecological sustainability in BIO’s investments
3. Increase climate and nature-positive finance ambition