Nature underpins our individual and collective security, health and well-being, and builds resilience to the effects of climate change. Nature is also responsible for over 50% of global GDP. Nonetheless, nature is in crisis. Nearly 70% of global biodiversity has been lost in just 50 years. And yet, research shows that only 5% of Fortune Global 500 companies currently have targets to tackle biodiversity loss.
But this isn’t simply a question of ethical practices; nature positivity can create significant commercial opportunities. A 2020 WEF report predicted that a global cross-industry shift towards nature-positive business models could unlock US $10 trillion of value added by 2030. Nearly $700 billion annually will be generated in operational cost savings alone.
Nature should be viewed as an ally for achieving decarbonization and resilience goals, especially for those companies in the energy and hard-to-abate sectors that interact with nature in multiple ways.
This was one key finding from the recent GET Congress 2024 Leadership Roundtable “Towards regenerative, nature-positive economies and industries”.
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