The workshop will explore practical opportunities for an effective utilization of the existing data generated within standard environmental decision-making processes in Croatia for the future reporting under the EU Taxonomy.
The workshop will be governed by a modified Chatham House rule (see below) and will be conducted by ISFC together with
Dvokut-ECRO, leading company in the field of environmental and nature protection in Croatia and the
region (https://dvokut-ecro.hr/)
Integra Consulting, a leading Czech consultancy dealing with the environmental assessments of Do No Significant Harm and other support analyses required for the EU Taxonomy (https://www.integracons.com/)
Audience: Officers in charge of EU Taxonomy compliance within Croatian banks
Format: Hybrid -up to 20 participants can attend in person, plus an online room
Agenda
09:00-09:10 – Welcome and introductions (HUB and Dvokut-ECRO)
09:10-09:20 – EU Taxonomy: Current state of play (ISFC)
09:30-09:40 – Key open questions about the EU Taxonomy – roundtable discussion
09:40-10:10 – Current data generated through standard environmental decision-making processes on proposed projects (Integra Consulting)
10:10-10:30 – Practice-focused debate (facilitated by Integra Consulting)
10:30-11:00 – Moderated discussion on data availability, data gaps and opportunities for their cost-effective collection
11:00-11:30 – for those attending in person, a networking break
Description
In light of the COP26 discussions and growing pressures on the financial sector to tackle climate risk, environmental impact assessment (EIA) is a key element for project assessment and risk mitigation. However, assessments are plagued by a variety of issues and shortcomings, this failing to accurately capture the environmental impact of different activities. There is still a great disconnect between scientific evidence, as well as expertise-led impact assessment, and the current practices in financial institutions which include the banking sector.
With the introduction of the EU taxonomy and the rise in climate stress testing, an improved understanding of EIA will confer a competitive advantage for market participants. It offers multiple advantages, ranging from improved preparedness for disclosures and risk assessments, to better PR and marketing.
This workshop will aim to answer the following questions:
What standard data are generated through existing environmental scrutiny of proposed economic activities and investments in Croatia?
Which of these data could be used for future reporting under the EU Taxonomy?
What information is currently missing?
How can the missing data be effectively collected without excessive costs, administrative difficulties
or information processing demands?
To find out more, please email events@isfc.org