A new key biodiversity platform for cross sectoral collaboration
For its inaugural launch, World Biodiversity Summit will help define what world leaders and the private sector in biodiversity and climate action need to do in the medium and long term to achieve sustainable development and hinder further biodiversity loss, focusing on partnerships and investment mechanisms as levers of progress. World Biodiversity Summit is a platform for responding to accelerating biodiversity loss, by using the Paris Agreement as a framework to learn from, promoting relevant solutions, innovations, and leadership networks, strengthening nature restoration and conservation. Nature-based solutions will be highlighted, from specificecosystems to global possibilities.
21 September 2023
SECOND, New York, USA
Alongside UNGA 78 & Climate Week NYC
Catalysing Nature-Positive Investments Through Public-Private Partnerships
With an aim to bridge biodiversity and climate solutions, the World Biodiversity Summit was launched by World Climate Foundation in 2021. The Summit gathers public and private sector stakeholders from across the globe, creating a pioneering platform to tackle the crucial issues of biodiversity loss, restoration and investing in nature-based solutions - in order to set the world on a path to achieve the 2050 Vision for Biodiversity.
World Biodiversity Summit sets out to strengthen cross-sectoral collaboration and devise actionable methods on how to create the ambition loops necessary to accelerate finance for nature towards the required nature-based solutions. The inaugural Summit was successfully launched in three parts, culminating in a convening of high-level and influential stakeholders on the sidelines of COP26 in Glasgow, UK, and the three-part 2022 Summit saw convenings alongside UNGA 77 and Climate Week NYC, UNFCCC COP27 and UNCBD COP15.
Part of becoming a regenerative company requires placing nature and humanity at the center of our business. At Walmart, we are activating this commitment by working in harmony with nature to protect, restore and more sustainably manage our natural resources. We look forward to sharing our progress at the World Biodiversity Summit and discussing where we see opportunities for collaboration and how we can spark collective action on nature based solutions and sustainable sourcing.
Jane Ewing, SVP, Sustainability, Walmart
The objective of World Biodiversity Summit is to bring economic growth within safe planetary boundaries while achieving the Paris Agreement Goals and supporting the Global Biodiversity Framework.
To achieve our objective, promoting and strengthening synergies among the different sectors of society will be crucial. By 2050, the world needs to close the USD 4,1 trillion financing gap in nature to meet climate change, biodiversity and land degradation targets. That is why World Biodiversity Summit is focused on creating ambition loops through public and private partnerships. The Summit works closely with businesses, asset managers, asset owners, governments and civil society to enhance biodiversity globally, and to support Nature-based Solutions that have the potential to reverse both climate change and biodiversity loss, as well as to result in wider economic benefits.
It is imperative that companies expand their view of ROI beyond their balance sheets – and factor in future quality of life on this planet. Forget promises of being carbon-neutral by 2050. We need to invest in solutions that will make an impact in the here and now, before it's too late
Daniela Fernandez, Founder & CEO, Sustainable Ocean Alliance
About the World Climate Foundation
The World Climate Foundation launched the World Biodiversity Network to bridge biodiversity and climate. Through its collaborative, high-level network, World Climate Foundation works closely with inspiring leaders from government, business, financial institutions and civil society to build resilience and enable the necessary transformation that addresses both the climate change and biodiversity crises.
The World Climate Foundation has also created other platforms that enable multi-sector stakeholders to build alliances and develop ambition loops for climate and nature innovation. Further, the Foundation puts an emphasis on catalysing and developing strong pledges and finance commitments from its partners.