Biodiversity conservation has become an important topic of concern. According to the data of the United Nations Development Programme, the global funding gap for biodiversity conservation exceeds 700 billion US dollars every year. With the support of financial regulatory authorities, financial institutions are serving biodiversity conservation in relevant fields through product innovation. (on November 14, tourists visited the Museum of Xianju biodiversity science and education center. The museum mainly focuses on displaying biodiversity resources in Xianju area of Zhejiang Province.) The loss of biodiversity will bring financial risks Ma Jun, director of the green finance professional committee of China finance society and President of Beijing Institute of green finance and sustainable development, said that human activities are destroying nature, ecosystem and biodiversity. The loss of biodiversity will cause many irreversible risks to the sustainable economic and social development and the stability of the financial system. The interim report on biodiversity and financial stability issued by the joint research group of green gold network and inspire of the people's Bank of China said that the financial industry is facing not only the "physical risk" caused by the loss of biodiversity, but also the "transformation risk" caused by the introduction of biodiversity protection policies. Specifically, many economic activities that destroy biodiversity will be forced to stop in the future, which may lead to bad debts or decline in valuation of some financial assets invested in these fields. In the face of this challenge, China has taken active action. Chen Yulu, vice president of the people's Bank of China, said that the people's Bank of China will continue to promote the financial system to increase support for the optimization of biological habitat environment, promote the ecological restoration of plateau lakes and fulfill its obligations of biodiversity protection. "The main purpose of China's initial development of green finance is to solve the problem of environmental pollution and raise funds for pollution prevention, energy conservation and transformation projects. With the gradual mitigation of environmental problems, climate change has become the main problem to be solved in the next period." Chen Yulu said that the people's Bank of China will continue to implement the new development concept and build a solid ecological barrier Help people live in harmony with nature and contribute to financial strength. Cui Shuhong, director of the Department of natural and ecological protection of the Ministry of ecological environment, said that as an important stakeholder in promoting the allocation of social resources, financial institutions play a unique role in biodiversity protection. They can not only avoid potential biodiversity damage through investment risk management, but also give play to the advantages of innovative investment and financing models to fill the financing gap. Financial support for biodiversity conservation has been strengthened The people's Bank of China and the China Banking and Insurance Regulatory Commission have begun to officially promote the environmental risk disclosure of banking financial institutions, such as the release of the guidelines for environmental information disclosure of financial institutions, which contains green related and impact related requirements. Financial institutions are also serving biodiversity conservation in relevant fields through product innovation. At the end of September this year, the Bank of China successfully issued biodiversity themed green bonds equivalent to 1.8 billion yuan. Recently, ICBC successfully issued 10 billion yuan of green financial bonds in China's inter-bank market. LV Jiajin, Secretary of the Party committee and chairman of Industrial Bank, said that the banking industry should focus on three aspects to support biodiversity protection: first, conserving ecological water with financial living water, second, promoting economic green transformation with financial power, and third, promoting the realization of the value of ecological products with financial innovation. It is understood that in recent years, industrial bank has actively promoted the development of green finance, taking the subdivided industries related to biodiversity such as pollution control, ecological protection and ecological restoration as key support areas. By the end of September, the financing balance of Industrial Bank in related fields had reached 219.8 billion yuan. Guo Sanye, Deputy Secretary General of China Banking Association, pointed out that practice shows that financial institutions represented by the banking industry have great potential in biodiversity protection and the realization of the value of ecological products. At present, there is a large funding gap for biodiversity conservation. How to maximize the funds raised by the banking industry to support ecological restoration and biodiversity conservation has become a topic of widespread concern and the direction of active efforts of the banking industry. Guide more funds to invest in biodiversity conservation Although many financial institutions have realized that a good ecological environment and biodiversity are very important to economic development, people in the industry said that on the whole, financial institutions still have some problems in biodiversity protection, such as inadequate awareness, insufficient preparation of relevant products, inadequate risk assessment and so on. Wang Xin, director of the Research Bureau of the people's Bank of China, pointed out that biodiversity risks generally include physical risks and transformation risks. We can learn from the analysis framework of climate related financial risks and carry out sensitivity analysis and stress test on risks at the micro level of financial institutions and the macro level of economic and financial system. We can start from the industries or regions with the greatest threat to biodiversity to analyze the degree of biodiversity damage to relevant industries and enterprises and the risks of financial institutions. When it comes to how to guide finance to better serve the ecology, Liu Yuanchun, vice president of Renmin University of China, said that green finance can accelerate the formation of institutional mechanisms conducive to carbon emission reduction by establishing a green financial standard system and disclosing environmental information of financial institutions, and support the innovative development of renewable energy, green buildings, clean transportation and other fields. At the same time, certain incentive indicators can be set in the planning of green finance to promote biodiversity conservation. Ma Jun suggested that financial institutions should not only pay attention to the financial return of investment projects, but also pay attention to the impact on ecology and biodiversity when assessing financial risks, pay attention to the possible impact of biodiversity loss on the investment itself and the possible financial risks caused by illegal construction, and guide more funds to invest in projects to protect biodiversity. (outlook new era)