Embedding the value of nature at individual, government, business, and investor level is vital. We know that we cannot solve the climate emergency without nature as our ally: climate change, nature loss and social inequalities need to be tackled together to achieve the UN’s Sustainable Development Goals (SDGs).
Indeed, new research from UNEP reveals the major benefits of an integrated approach to climate and nature: if we conserve 30% of land in strategic locations, we could keep around half of the world’s vulnerable terrestrial carbon stocks in the ground, and reduce the extinction risk of nearly nine out of ten threatened terrestrial species. At the same time, we cannot forget about people, and tackling inequality. Biodiversity underpins our planet’s health. Human rights underpin our societies’ health. We need to tackle the interrelated challenges of climate, nature loss and inequality together.
So what role are businesses and corporate leaders playing in driving forward Nature-based Solutions (NbS), preserving biodiversity, and protecting both natural resources and global communities?
Companies increasingly understand the value of nature. We are seeing greater recognition that healthy societies, resilient economies and thriving businesses rely on nature. However businesses cannot address this crisis on their own and need governments to adopt ambitious policies to give the clarity and confidence they need to change and adapt their business models.
Nature-based Solutions are at the heart of this shift – they can be defined as actions to protect, manage, and restore natural habitats or modified ecosystems in a way that addresses promotes human wellbeing, protects biodiversity, sequesters carbon, and helps communities adapt to climate change. We know that NbS can provide around a third of the solution to climate change by 2030.
Source: The Crowd