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.
SPEAKERS
SPEAKERS
SPEAKERS
New York | 21 September 2022
Sharm el-Sheikh | 13-14 November 2022
Montreal | 11 December 2022
Creating Pathways for
Nature-Positive Investments
Last year saw the launch of World Biodiversity Summit. In its inaugural year, the event successfully addressed the potential for science-based targets, ecosystem services, updated economic models and public-private partnerships to mitigate ecosystem degradation.
Measurable impacts and commitments were established, determining best practices for innovation, creating public-private partnerships that will strengthen initiatives to prevent the ongoing destruction of biodiversity, therefore contributing to a healthy planet and successful climate change mitigation.
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Until the world reaches its sustainability goals, including achieving net-zero emissions or protecting biodiversity, businesses need to do everything they can to avert more intense, irreversible climate and ecosystem meltdown. With the World Climate Foundation and through the World Biodiversity Summit, we are committed to work with partners and clients to change the game, plan transitions and disrupt existing industries.
Jean-Baptiste Perrin, Invent for Society Global Leader, Capgemini Invent
World Biodiversity Summit measures impact through three indicators: Environmental, Economic and Societal.
Environmental
World Biodiversity Summit facilitates the cross-sector collaboration necessary to reinforce pathways for restored lands and seas, to support mitigation and adaptation to climate change and to ensure two essential components of planetary health; water and food security.
Economic
World Biodiversity Summit works closely with key investment accelerators, development banks and existing coalitions and partnerships, such as the Taskforce for Nature-Related Financial Disclosures and the Great Green Wall Initiative. This brings natural capital and green infrastructure forward as an asset class, moving away from stranded assets and opening new business opportunities to contribute to nature-positive outcomes.
The Summit highlights frameworks for assessing and understanding nature-related risks and opportunities and measurement of profit in nature-positive practices in areas such as agriculture, forestry, food systems and water systems.
Societal
World Biodiversity Summit facilitates the necessary cross-sector conversation around the required paradigm shift in our consumption patterns and the need for nature-driven policy and financial systems.
The goal, therefore, is to mainstream these solutions into policy development and regulatory frameworks, locally, regionally and globally, with a key focus on empowering public-private collaborations, convening the business and environmental sectors to create and strengthen solutions to the biodiversity crisis together.
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Nature and biodiversity provide social benefits, drive our economy, and help us cope with the challenges of climate change. Financial institutions play a critical role in funding supports for nature-positive projects and facilitating engagements with investee companies for better environment performances.
Sophia Cheng, Chief Investment Officer, Cathay Financial Holdings; Chair, Asia Investor Group on Climate Change (AIGCC)
Key Announcements
World Biodiversity Summit catalyses ambitious pledges from its partners. During the inaugural Summit, we were delighted to act as a platform for our partners’ strong and impactful nature commitments. This included:
O’right announced their established green standards set, including:
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Eliminating all petrochemicals from their products to meet the criteria set by the USDA Certified Biobased Product Label
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Transforming agricultural by-products into valuable ingredients that meet the USDA biobased standards
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Reducing carbon emissions associated with packaging and building a solid and reliable green supply chain
Fresh del Monte announced their commitment to protect and preserve nature in and around their operations, including:
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Achieving 30% of their owned land conserved for biodiversity by 2030 and 100% of their global product volume certified as sustainably grown by a third party by 2025
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Implementing regenerative and soil health management practices in 100% of their owned and associated growers’ farms by 2030
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Planting and/or donating 2,500,000 trees by 2025
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Monitoring 100% of protected areas annually by 2025 by conducting an inventory of the species present in each reserve
Capital for Climate launched a new emerging investment platform for Nature-based Solutions,
Rainforest Partnership launched the Rainforest Collective, a collaboration platform for
urgent, sweeping forest protection and the creators of Ven from Hub Culture announced
a new environmental cryptocurrency, Ven Oxygen (Vo2) which can be generated
by protection of nature.