Triodos Bank has embarked on its Climate and Nature Strategy, including concrete targets to rapidly reduce emissions, accelerate the energy transition and scale-up high-integrity nature-based solutions.

Under its strategy: Dare to Act. Now., Triodos Bank brings together its commitments to cut absolute financed emissions by at least 42 per cent by 2030, finance 275 energy-transition projects in next five years and channel €500m into high-integrity nature-based solutions (NbS).

This marks the first time Triodos Bank unites climate and biodiversity ambitions in a single strategy.

Marcel Zuidam, CEO, said: “Climate change and biodiversity loss are not separate crises. They are deeply interconnected. Restoring ecosystems is essential to stabilising the climate, and climate action must protect biodiversity. We invite the financial sector to join us in embracing long-term wellbeing and taking action for a hopeful future. This means aligning financial flows with the Paris Agreement, investing in nature restoration and a clear roadmap to end the financing of the fossil fuel industry.”

The organisation will also advocate for systemic change on climate and nature. Triodos notes that globally banks are still funnelling €650bn each year into fossil fuels, and Triodos will push for international agreements, like the Fossil Fuel Non-Proliferation Treaty, to phase out fossil fuels and create frameworks for high-integrity NbS, while also campaigning for energy-efficient housing and biobased building.

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