🌍 COP16: A Defining Moment for Businesses to Lead on Biodiversity Action 🌍 In December 2022, 196 countries united to adopt the #GlobalBiodiversityFramework (GBF), marking a turning point in efforts to halt and reverse nature loss by 2030. But nearly two years on, the urgency for action has never been greater. Progress on implementing the GBF has been slow, and the upcoming #COP16 in #Colombia is our best opportunity to reverse these trends. 🌱 Business Leadership is Critical 🌱 As Eva Zabey Business for Nature argues businesses must take centre stage in delivering the GBF targets, not only through voluntary actions but by advocating for stronger government policies. To date, only 44% of governments have updated their National Biodiversity Strategies and Action Plans (NBSAPs), while environmentally harmful subsidies (EHS) continue to total $2.6 trillion annually, undermining progress. For forward-thinking companies, this is a pivotal moment to step up. Leading businesses, such as GSK, Kering, and Ørsted, have published credible nature strategies as part of the It’s Now for Nature campaign. But more needs to be done to align investments with nature-positive outcomes and reduce the $5 trillion in private finance that still harms ecosystems. 🔑 What Should Businesses Do? - Transform Operations: Embed nature-positive practices into every part of your business model. Tools like the Nature Strategy Handbook offer guidance on how to align with Taskforce on Nature-related Financial Disclosures (TNFD) standards. - Advocate for Policy: Push for ambitious nature-related disclosures and the reform of environmentally harmful subsidies to incentivize corporate action. Engage at COP16: Participate in negotiations, workshops, and bilateral meetings to showcase your company’s nature strategy and demonstrate bold leadership. Key Policy Considerations for Australia - Mandating Nature Disclosures: Australia must align with GBF Target 15 and consider mandating nature-related disclosures, as it has done for climate-related disclosures. - Subsidy Reform: The need to phase out environmentally harmful subsidies (EHS) is critical for a nature-positive future. - Reshaping Biodiversity Strategies: Australia’s National Biodiversity Strategy should be recalibrated and updated to reflect the GBF’s goals. 💬 Join the Conversation: How is your business preparing to tackle the nature crisis? What steps are you taking to align with biodiversity goals? 👇 Let’s discuss in the comments! 🔗 Read the Nature Strategy Handbook https://lnkd.in/eK_dnyRE
Business Council for Sustainable Development Australia’s Post
More Relevant Posts
-
Our latest Climate and Nature Policy report outlines the IA’s plans to galvanise effective policymaking that accelerates the transition to a low-carbon and climate-resilient economy, while also protecting and enhancing the natural environment and biodiversity. To achieve these ambitious goals, we recognise that a significant mobilisation of capital is now needed. Key commitments and policy asks from the report include calling for an increased focus on improving how firms conduct analysis of climate-related risks and opportunities, greater inclusion of nature and biodiversity-based commitments and a strengthened commitment to the International Sustainability Standards Board (ISSB). Find out more and read the report in full below.
To view or add a comment, sign in
-
Hot off the press and a must-read: European Environment Agency's report on 'governance in complexity', an approach designed to respond to sustainability challenges by appreciating their uncertain and complex nature. https://lnkd.in/gS4fzH74
Governance in complexity - Sustainability governance under highly uncertain and complex conditions
eea.europa.eu
To view or add a comment, sign in
-
WEBINAR: 10/09/24 2:00PM - 3:30PM BST One Carbon World are proudly supporting this autumn’s UN Global Compact Network UK webinar series on Nature-based Solutions for Business. The webinar series has been designed to support businesses learn about different actions they can implement to support nature in line with their commercial and sustainability priorities. Those attending the four-part series will: -Understand the business case for implementing Nature-based Solutions (NbS) and identify relevant NbS that could be suitable to implement in their direct operations, within their value chain, or outside of their value chain (i.e., as an investment in beyond value chain mitigation). -Receive practical guidance on how to implement, monitor, and maintain various types of NbS in line with the internationally-recognised IUCN Global Standard for NbS. -Hear examples of how leading businesses have successfully deployed NbS in partnership with local stakeholders to deliver business benefits and generate wider socio-economic value. -Learn what further action is needed to close the financing gap and scale NbS. The series is being launched on Tuesday 10 th September at 2pm with a webinar on “Land-based Solutions”. The inaugural webinar is being moderated by One Carbon World’s own Head of Carbon Removals, Hayley Warrens, and will explore the core concepts of implementing land-based solutions at the corporate level. Register for todays event here! https://lnkd.in/dMY7QXJJ
Nature-based Solutions for Business
https://www.unglobalcompact.org.uk
To view or add a comment, sign in
-
📢 Open for consultation At COP16 we published draft guidance on nature transition planning for corporates and financial institutions developing and disclosing a transition plan. The paper is now open for consultation, and you can provide feedback via the online survey until 1 February 2025. 🔗 Provide feedback online - https://lnkd.in/gXWf_tc4 We encourage all types of organisations, companies, financial institutions, NGOs, academic and scientific institutions and other interested stakeholders to submit feedback online before the deadline. Based on the feedback received through this consultation period and through pilot testing set to be carried out next year, we expect to publish final guidance on nature transition plans in late 2025. We look forward to continuing to work with a range of partner organisations to develop an approach that is integrated across nature and climate issues and aligned with global policy goals and targets for nature and climate. #TNFD #NatureTransition #Consultation #SustainableFinance #NatureStrategy #NaturePositive
Provide feedback online
tnfd.global
To view or add a comment, sign in
-
Is your business ready for the new Australian Sustainability Reporting Standards? From January 2025, over 6,000 Aussie businesses will need to comply with mandatory climate-related disclosures. Even if you're not one of the 6,000, you’ll likely face data requests and impacts across the supply chain. We suggest getting familiar now so you can stay ahead of the curve. At SEAOAK Consulting, we’ve broken down what these changes mean and how you can prepare. 🔍 Read it here: https://lnkd.in/gJ5pD-ZB #climatedisclosures #agribusiness #emissions #reporting
New Australian legislation for mandatory climate reporting - what this means for your business or farm
seaoakconsulting.com.au
To view or add a comment, sign in
-
Just finished the course “Sustainability Foundations: Core Concepts” by Amy Luers! In today's world, addressing the environmental crisis is paramount for individuals and businesses alike. The conversation surrounding climate change, biodiversity loss, and sustainability can often seem overwhelming with complex terminology and frameworks. But fear not, because this course provides clarity on these critical topics! Led by the insightful instructor, Amy Luers, this course delves into the core concepts of environmental sustainability. From deciphering terms like "net zero" to unraveling the intricacies of the Sustainable Development Goals (SDGs), this journey equips you with the knowledge needed to drive meaningful change. By understanding the interdependent dimensions of sustainability—environment, society, and economy—you'll be empowered to integrate sustainability into both your personal and professional endeavors. Together, let's pave the way for a more sustainable future. #environmentalsustainability #climateaction #sustainabledevelopmentgoals #netzero #carbonemissions #sustainabilityeducation #professionaldevelopment #lifelonglearning #jointhemovement #makeadifference #futureofwork #akillbuilding #onlinelearning #changemakers #sustainabilityInaction Check it out: https://lnkd.in/g5cXntbN
Certificate of Completion
linkedin.com
To view or add a comment, sign in
-
I'm grateful to have coauthored and been a part of the team that contributed to the "Assessing Global Resource Use: A Systems Approach to Resource Efficiency and Pollution Reduction" report, published by the International Resource Panel under the United Nations Environment Programme (UNEP). Although this report was published back in 2018, the insights we discussed continue to be relevant. It explores the challenges and opportunities in managing resources more efficiently and reducing pollution through a systems approach—a perspective that looks at the interconnectedness of our actions and their impacts on the environment. This work reminds me of the ongoing importance of collaborative efforts in addressing the complex issues of sustainability. I hope it continues to serve as a useful resource for those working to make a positive difference. https://lnkd.in/ew26QeSC #Sustainability #ResourceEfficiency #PollutionReduction #EnvironmentalManagement #UNEP #GlobalResourceUse #SystemsApproach #SustainableDevelopment
To view or add a comment, sign in
-
-
I just finishing “Sustainability Foundations: Core Concepts” by Amy Luers! In Environmental Sustainability modules, i learned that : The world to be sustainable, it has to be resilient, net zero, and nature positive. 1. Net zero. To avoid the worst case as the impacts of climate change, we have a commitment to stop the global temperatures rising or it’s usually called Net Zero. Net Zero emission can be done by take action to reduce GHG and carbon removal actions. 2. Environmental resilience Rarely talk about it, embracing resilience is very important and necessary to ensure that our communities and ecosystems are better prepared, adaptive, and ready to face what will happened in the future. In sustainability, resilience is to design community and build ecosystems and societies that can cope , adapt, and rebound with climate change. For example: after a storm, resilient forest not just survive, but it can regrows and adapts and envolve changing conditions. 3. Nature Positive The act of commitment to sustainable, a prove to evolve understanding the connection between humanity and natural world. The action as solutions: a. Carbon and environmental accounting to measure the environmental cost b. Climate risk assesement to understand how much climate change could impact the industry and company activities Last but not least, the key to sustainability is the transformation : from linear to circular production, static to dynamic, and reductionist to holistic systems thinking Check it out: https://lnkd.in/gPwPhzqJ #environmentalsustainability.
Certificate of Completion
linkedin.com
To view or add a comment, sign in
-
This course offers an insightful exploration of the critical concepts around sustainability, from the climate and biodiversity crisis to the meaning of net zero and sustainable development goals. Instructor Amy Luers does a great job of breaking down complex frameworks and connecting the environmental, social, and economic dimensions essential for driving meaningful change. It’s a valuable foundation for anyone looking to incorporate sustainability into their work and personal life. Check it out: https://lnkd.in/dD92vT5v #environmentalsustainability #Sustainability #NetZero #ClimateAction #SustainableDevelopment #CarbonReduction #EnvironmentalCrisis #Biodiversity #FutureOfWork #SDGs #GreenEconomy #AmyLuers #TransformBusiness
Certificate of Completion
linkedin.com
To view or add a comment, sign in
-
Prioritising water stewardship strengthens community relations and reputation. ESG-conscious investors value companies with robust water strategies, as they align with sustainability goals and attract responsible investment #water #sustainable development #SDG #climate strategy #ESG
BEng | CEM® | REP™ | CEA® | LEED® Green Associate™ | PMP® | PRMG | Pre-IPMA® || Solar ☀️ & Renewables | P2𝕏 | Sustainability ♻️ | EcoManagement | ProjMan | BizDev
#ReSharing This Carousel by 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 titled "Water in SDGs, ESG and Adaptation" provides a comprehensive overview of the integral role of water in achieving sustainability and environmental goals, illustrating its pivotal position in adaptation strategies, SDGs, ESG criteria and the water-energy-food nexus. It calls for integrated, sustainable management practices and infrastructure resilience to safeguard water resources for a resilient future. #WaterSustainability #ClimateAdaptation #EnvironmentalGovernance #SDGs #CleanWater #ClimateAction #ESG #WaterConservation #ResilientInfrastructure
To view or add a comment, sign in
Thank you for sharing!