Business for Nature

📣🌱 This is our window to secure a #NaturePositive economy for all by 2030. With less than 100 days until the UN Biodiversity #COP16, we’ve published a business statement outlining five high-level policy recommendations for governments to accelerate the implementation of the #BiodiversityPlan to drive corporate #Nature action. The statement, endorsed by 130 businesses and financial institutions with combined revenues of $1.1 trillion, calls on governments to adopt policies to: 🌎 Make sure business and financial actors protect nature and restore degraded ecosystems 🌎 Ensure sustainable resource use and management to reduce negative environmental impacts 🌎 Value and embed nature in decision-making and disclosure 🌎 Align all financial flows to transition to a nature-positive, net zero and equitable economy 🌎 Adopt or strengthen ambitious global agreements to address key nature loss challenges It’s time for governments to create an enabling regulatory framework and put nature at the heart of decision-making. 🔗 Find out more: bit.ly/BizCOP16

🥳 History made! Today, the Nature Restoration Law enters into force and we're here for it! It’s a truly historic moment as the law sets legally-binding targets for Member States to restore 20% of land areas and 20% of seas by 2030, and all ecosystems in need of restoration by 2050. This day follows years of advocacy and campaigning from the #RestoreNature movement to get the Nature Restoration Law across the finish line. 📽️ Watch our video recap of the campaign and let’s work together to restore our rivers, forests, seas, and wetlands & green our cities all around Europe 🦋

How are communities in Fiji building climate resilience by weaving tradition with #Conservation practices? 🌱 Macuata Province in the north of Fiji is home to the Cakaulevu – the Great Sea Reef — with its thriving diversity of marine life. Whilst faced with a variety of threats including climate change and overfishing, local communities in Kavewa are working together to build the resilience of their community and the ecosystem they rely on. In a recent article, WWF Asia-Pacific explores: 🌎 The sacred tabu, a temporary closure of fishing grounds historically set to commemorate 100 days of a chief’s death, acting as an effective tool to sustainably manage natural resources. 🌎 Siga Damu, a social enterprise focused on sustainable farmed sea cucumber harvesting which prioritizes inclusive community decision-making and benefits and distributes income equitably to its shareholders. “We are very close to our environment and we fully depend on the resources,” - Emosi Time, a resident of Kavewa Island. 🔗 Read more: https://lnkd.in/evjTCBNP

Did you hear that Safaricom PLC is calling on governments to take action on #Nature? 🔊🌱 With less than 100 days remaining until #COP16, we’ve published five high-level recommendations for governments to accelerate the action needed on #Nature. With the endorsement over 130 businesses including Safaricom PLC, these recommendations call on governments to urgently adopt policies to: 🌎 Make sure business and financial actors protect nature and restore degraded ecosystems 🌎 Ensure sustainable resource use and management to reduce negative environmental impacts 🌎 Value and embed nature in decision-making and disclosure 🌎 Align all financial flows to transition to a nature-positive, net zero and equitable economy 🌎 Adopt or strengthen ambitious global agreements to address key nature loss challenges It’s time for businesses to take immediate leadership to strengthen the policies, incentives and legislation that will drive the necessary business action to halt and reverse #NatureLoss this decade. Peter Ndegwa C.B.S 🔗 Read the business statement: https://bit.ly/BizCOP16

How can the private sector step up to help the world respond to climate, social and economic crises? 🌱 The action needed to decarbonize our economy and adapt to a rapidly changing climate is almost beyond comprehension, with estimates suggesting that trillions of dollars will be needed for both decarbonization and adaptation. In a recent article for Forum for the Future, Dr Sally Uren writes on six key features that can unlock the private sector's potential for climate mitigation and adaption: 🌎 Enabling access to finance, both seed finance and for scaling. 🌎 Leveraging its complex supply chains, which often span the globe. 🌎 Harnessing the power of consumer brands, to engage people, build awareness and seed advice for climate adaptation. 🌎 Innovating, such as developing technology that gives farmers access to early weather warnings to exploring infrastructure that withstands extreme weather, businesses are getting creative. 🌎 Smartly use its data, considering how this can be analyzed to inform climate adaptation. 🌎 Partnering for impact, bringing together the diverse perspectives, expertise and experiences needed to co-create solutions capable of tackling multiple problems at once. “We have a timebound window to be our best, and the challenges of 2024 demand a different purpose for all of us. That in turn means a different purpose for business.” - Dr Sally Uren, Chief Executive Officer at Forum for the Future 🔗 Read more: https://lnkd.in/dX3dUcNA

💧 The water utilities and services sector is crucial to respond to the dual nature and climate crises. In a Water Magazine article, Business for Nature CEO Eva Zabey, outlines the five priority actions water utilities and services companies should take to halt and reverse nature loss. Read the article: https://lnkd.in/ehr28DRK #NowForNature

How can we move towards a new economic system that values nature, people and the economy in equal measure? 🌱 Through an analogy of breaking her ankle and the impact this had on her family system, Executive Director of Capitals Coalition, Natalie Nicholles explains how the economic system can be updated and adapted. We are learning that we cannot indefinitely borrow natural resources from other geographies and future generations. 🔗 Read more: https://lnkd.in/eSgsRXFw

How can the water utilities and services sector play its part in halting and reversing #NatureLoss by 2030? 💧 The sector is critical to securing the availability and sustainability of water and sanitation for all. However, the sector’s impacts and dependencies on nature in providing this public service are increasing. That’s why it’s crucial that the water utilities and services companies direct their efforts towards addressing the most significant impacts on nature in their operations and value chains, namely: 🌎 Freshwater use 🌎 Pollution 🌎 Land and water use change and degradation 🌎 Greenhouse gas emissions To support this transition, we have produced clear sector-specific guidance, in collaboration with Accenture UK & Ireland, that businesses should take now to ensure the water utilities and services sector plays its role in halting and reversing nature loss by 2030. 🔗 Read more: https://bit.ly/45zKLmh

Why is IKEA calling on governments to accelerate implementation of the #BiodiversityPlan? Ahead of #COP16, IKEA is among the 130 businesses who have endorsed our business statement calling on governments to accelerate #Nature action, including five high-level policy recommendations for governments to: 🌎 Make sure business and financial actors protect nature and restore degraded ecosystems 🌎 Ensure sustainable resource use and management to reduce negative environmental impacts 🌎 Value and embed nature in decision-making and disclosure 🌎 Align all financial flows to transition to a nature-positive, net zero and equitable economy 🌎 Adopt or strengthen ambitious global agreements to address key nature loss challenges Businesses cannot address the challenge of nature and biodiversity loss alone and voluntary business action is not enough. This is our window to build a thriving, #NaturePositive, #NetZero and equitable economy. 🔗 Read the policy recommendations: bit.ly/COP16pr Christina Niemelä Ström

Calling all sustainability professionals! 🔊🌱 With only six years remaining to meet the global #Biodiversity goals, #COP16 is vital for translating ambition into action. That’s why GreenBiz Group is hosting #Bloom24 alongside the upcoming #COP16 in Colombia - and you can request an invite. Taking place from October 24-25, Bloom24 will bring together a vibrant community of thought leaders and practitioners working to implement ambitious nature strategies. Each day will convene a group of 500 invitation-only participants to: 🌎 Engage in interactive problem-solving, learning and networking. 🌎 Explore how companies can halt and reverse nature loss within their operations and supply chains. 🔗 Request an invite here: https://buff.ly/3Uy0zCB