December 16

Analysis: Business Will Help Halt and Reverse Biodiversity Loss

Biodiversity is declining faster than at any time in human history and the biosphere altered to an unparalleled degree. Unfortunately, this decline is also eroding the foundations of our economies, food security, health and quality of life worldwide.

The post-2020 Global Biodiversity Framework (GBF), to be finalized and adopted in December at the UN Biodiversity Conference (COP15) in Montreal, Canada, will be the biodiversity equivalent of the 2015 Paris Agreement on climate change. It will provide a strategic vision and a global roadmap for the conservation, protection and sustainable management of biodiversity and ecosystems through 2030.

Just as the Paris Agreement led to a wave of climate action, the GBF will accelerate policy changes, stakeholder expectations and the market environment. Biodiversity loss and climate change are inextricably linked. Therefore, delivering the goals and targets of the GBF is essential to meeting the objectives of the Paris Agreement and vice-versa.

Photo courtesy of CDG.

Source: World Economic Forum (link opens in a new window)

climate change, food security, innovation, supply chains