The fund arm of Swiss non-public financial institution Lombard Odier has employed its first Chief Nature Officer – forestry knowledgeable Marc Palahí. The well timed appointment comes amidst environmental issues and the battle towards greenhouse fuel emissions. European regulators have pushed corporations to reveal their environmental impacts and carbon dioxide manufacturing ranges.
“For the final twenty years, I’ve been working to raised perceive the massive societal challenges we face, in addition to the potential options that nature, science, and know-how can provide to deal with them. It’s paramount that within the subsequent decade, we have to facilitate an unprecedented financial transformation if we wish to place our world on a sustainable path,” mentioned Palahí.
Palahí’s position with Lombard Odier Funding Managers (LOIM) will assist the corporate develop its sustainable funding unit – holistiQ Funding Companions. holistiQ is a partnership with system change firm, Systemiq, dedicated to system-level change specializing in sustainability.
“Marc’s intensive educational expertise throughout nature, forests, and the rising round bioeconomy industries shall be instrumental as holistiQ develops main nature-based funding merchandise,” mentioned Jean-Pascal Porcherot, Lombard Odier’s Managing Companion.
Within the pipeline are funding methods and varied instruments to help the gradual elimination of carbon-intensive financial exercise. Steering in direction of those who profit nature, as a part of holistiQ’s general nature technique.
Palahí was a part of the European Forest Institute since 2007 and have become director in 2015, creating its presence as a science-policy platform.
