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
New York, USA
Alongside UNGA 78 & Climate Week NYC
Nature-Positive Supply Chains: Quantification, Innovations & Regulations
For better or for worse, the supply chains we depend on have profound impacts on the environment. Whether supply chains result in deforestation, water insecurity, and increased emissions, or conversely, in ecosystem protection and carbon sinks, depends entirely on the ways they are managed. The importance of supply chains for meeting global goals is reflected in the current draft of the Global Biodiversity Framework. It contains a target that reads “All businesses [...] assess and report on their dependencies and impacts on biodiversity, moving towards the full sustainability of extraction and production practices, sourcing and supply chains, and use and disposal.”
Transparency in supply chains is also growing in importance - not only so businesses can understand and influence their environmental impact, but also to allow consumers to make informed decisions about their purchases. Consumers are increasingly interested in understanding the origin of the products they use and eager to lessen their personal environmental impact. This in turn drives the transition to nature-positive supply chains. This session will explore this transition, and examine how the private sector is applying novel supply chain techniques, such as blockchain, in order to trace the sustainability of their products, services and operations.