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Launch of the Caribbean Natural Capital Hub
A MAJOR 2022 MILESTONE FOR THE GROUP WAS THE LAUNCH OF THE CARIBBEAN NATURAL CAPITAL HUB BY ANSA MERCHANT BANK IN TRINIDAD AND TOBAGO AND BARBADOS, AND ANSA BANK IN TRINIDAD AND TOBAGO, IN PARTNERSHIP WITH THE CROPPER FOUNDATION AND THE CAPITALS COALITION.
Financial Services
Initial analysis of impacts and dependencies of select operations of AMBL on Nature; results publication in 1st AMBL Natural Capital assessment report
Full integration of the Natural Capital framework into AMBL’s and ANSA Bank’s operations
This pioneering initiative acts as a catalyst for the business community to unite and transform corporate decision-making to assess and improve its impact on Nature’s assets and to develop sustainable initiatives which will benefit the environment, communities, and economies.
Under the Hub there are several initiatives such as Grant Challenges for SMEs, start-ups and innovators in Trinidad and Tobago and Barbados, sponsorship of a citizen’s blog, and much more.
THE FINANCIAL SERVICES SECTOR IS WORKING TOWARDS FULLY INTEGRATING THE NATURAL CAPITAL FRAMEWORK INTO ANSA
MERCHANT BANK’S AND ANSA BANK’S OPERATIONS.
As they identify and quantify the ways in which their business affects, and is reliant on, natural resources, they will be compiling the first ever private sector-led Natural Capital Report in the Caribbean.
This Report will help the Banks to account for the economic and financial value and condition of their natural capital assets, and will inform short-, medium-, and long-term goals.
ANSA Merchant Bank (AMBL) will, produce the first corporate Natural Capital Assessment Report in the Caribbean, utilising the Natural Capital Protocol. This Report will undertake a scoping assessment of AMBL’s impacts and dependences of select operations on nature, and including an evaluation of operational risks and opportunities, with the disclosure of findings and results to be published in a the standalone AMBL Natural Capital Assessment Report.
The findings of the 1st Natural Capital Report will form the foundation of a systematic and systemic commitment of AMBL and ANSA Bank to transformational changes in their relationship with nature, with an emphasis on alignments with globally recognised and accredited frameworks such as the Science Based Targets for Nature.
