The Post-2020 Global Biodiversity Framework and What it Means for Business
In collaboration with PwC China
In collaboration with PwC China
Biodiversity is declining faster than at any time in human history, threatening the ecosystem services on which our lives and livelihoods depend. The Global Biodiversity Framework (GBF) aims to reverse this decline, with the provision of a strategic vision and a global roadmap for the conservation, protection and sustainable management of biodiversity and ecosystems through 2030.
More than half of the world’s economy is highly or moderately dependent on nature, has a critical and irreplaceable role to play in delivering the innovation, investment and business models that will be needed to achieve the goals of the GBF, which aims to galvanize urgent and transformative action to halt and reverse biodiversity loss by 2030.
The white paper provides context and potential implications for 10 of the draft GBF’s 22 proposed action targets that are most likely to result in changes to business strategies or operations across multiple sectors, and presents case studies of companies that are already taking action to mitigate nature-related risks in their operations, while investing in new business opportunities that contribute positively to the targets of the GBF.
The paper also covers six emerging approaches that will need to be scaled up to halt and reverse biodiversity loss, driven by proactive companies and financial institutions, as well as by regulators and other stakeholders.