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Did you know that approximately one million species are threatened with extinction, while 47 per cent of natural ecosystems are already damaged? Carbon sinks such as forests, grasslands and wetlands are being cleared to make way for agricultural expansion. According to the United Nations Environment Programme (UNEP), nature loses almost ten million hectares of forest each year – that’s more than twice the size of Switzerland.
In response to these challenges, over 190 countries adopted the Global Biodiversity Framework (GBF) at the UN Convention on Biological Diversity COP15 in Montreal with a mission to ‘halt and reverse biodiversity loss by 2030’. At least 30 % of terrestrial, inland water, coastal and marine areas are to be protected and at least 30% of degraded ecosystems restored. Companies are also urged to regularly monitor, assess and transparently disclose their risks, dependencies and impacts on biodiversity. Diverse reporting guidelines now address this issue as well.
To ‘Halt and Reverse Nature Loss by 2030’, ensuring that there is more nature in the world in 2030 than in 2020 and promoting ongoing recovery thereafter, the Nature-Positive Initiative was launched by conservation organisations, institutes as well as business and finance coalitions in September 2023. The initiative aims to drive alignment around the use of the term ‘nature-positive’ and to support broader, longer-term efforts to deliver nature-positive outcomes.
