Climate Action and Waste Reduction

It’s another triple COP year: What that means and why it matters for business leaders

Delegations attend the UN Climate Change Conference (COP30), in Belem, Brazil, November 22, 2025.

The three (Conference of the Parties of the UN Convention on Climate Change (COP) events highlight the interconnected nature of biodiversity, land and climate change Image: REUTERS/Adriano Machado

Chris Hamill-Stewart
Writer, Forum Agenda
  • In 2026, three climate change conferences – COPs – will focus on the overlapping issues of climate change, biodiversity and land.
  • The timing of these summits can create extraordinary momentum to drive action across a range of connected issues as well as opportunities for deeper collaboration and coordinated actions across sectors.

Three major UN environmental conferences will unusually coincide in 2026, providing an important opportunity to build action on key issues relating to climate change, biodiversity and land.

The UN Conference of the Parties (COP) on climate, biodiversity, and desertification and land will all take place in the second half of the year, marking the second-only time this has happened since 2020.

These high-level conferences for environmental action convene leaders to help negotiate and define ways forward to control the climate crisis. The last “triple COP” year in 2024 made clear that climate change, biodiversity loss and land degradation are inseparable – and that our ability to protect prosperity and stability depends on tackling them together.

This second triple-COP moment in short succession raises the stakes and will test whether multilateralism, business and finance can move decisively from ambition to accountability.

Closing the implementation gap is becoming ever more pressing as climate impacts, nature loss and land degradation are no longer future scenarios, but present‑day shocks eroding food systems, water security, energy infrastructure and long‑term economic competitiveness.

Globally, around one-fifth of the Earth’s land area is now degraded, undermining the well-being of an estimated 3.2 billion people, while droughts are projected to affect three in four people by 2050 and already cost at least hundreds of billions of dollars each year in combined land degradation and desertification damages.

Against this backdrop, the COPs represent a chance to reframe climate and nature action not as costs to be managed, but as strategic assets – tools to reduce risk, multiply resilience and unlock new growth.

Leaders in the private sector can play a key role in driving action through both voluntary actions and pressures for government policy reform. The summits’ timing emphasizes the interconnection between these issues, guiding leaders to the necessary steps to progress on key goals.

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Understanding the 3 COPs the 'Rio Conventions'

In 1992, governments gathered at the Earth Summit in Rio de Janeiro to discuss the interlinked challenges of climate, land and biodiversity loss. This summit was the origin of three separate global agreements known as the “Rio Conventions”:

  • The Convention on Biological Diversity.
  • The United Nations Framework Convention on Climate Change.
  • The United Nations Convention to Combat Desertification.

These agreements ensure that action on land, climate and biodiversity work together to restore the Earth’s balance with nature.

The conventions align to sidestep redundant work and share information. While each summit stands alone, they overlap, including through the importance of nature-based solutions – which prevent erosion, ensure a stable climate and protect animal and plant life – and society’s role in driving clean, sustainable technologies to reduce emissions and pressure causing biodiversity loss.

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The COPs: When, where and what's ahead

'The land COP'

When: 17-28 August 2026

What it is: This biennial summit aims to combat desertification and the impacts of drought, achieve a land degradation-neutral world, and coordinate action to restore degraded lands and monitor degradation. Ulaanbaatar, Mongolia, will host this year’s summit.

Notable this year: Under the theme “Restoring Land. Restoring Hope”, COP17 will concentrate on advancing a global drought framework and shaping a post‑2030 UNCCD strategy to guide future goals and targets on land restoration and resilience. The summit will also aim to scale finance for land restoration and drought resilience, spotlighting rangeland ecosystems and the communities whose livelihoods depend on them during the United Nations International Year of Rangelands and Pastoralists.

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'The biodiversity COP'

When: 19-30 October 2026

What it is: This biennial summit, which emerged from a 1992 convention, steers its development and implementation. This year, it will be held in Yerevan, Armenia.

This year’s focus: COP17 will be the first Biodiversity COP to undertake a global review of collective progress in implementing the Kunming‑Montreal Global Biodiversity Framework agreed at COP15 in 2022, which includes concrete measures such as protecting 30% of the planet and 30% of degraded ecosystems by 2030. This year’s summit will assess whether national biodiversity plans, finance commitments and monitoring systems are aligned with that biodiversity plan’s four goals for 2050 and 23 targets for 2030 – and where policy and implementation must be strengthened to stay on track.

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2024 outcomes

COP16 in Cali and its resumed sessions in 2024-25 established key building blocks for this review, which now shape the COP17 agenda:

  • The creation of the Cali Fund for the Fair and Equitable Sharing of Benefits from the Use of Digital Sequence Information on Genetic Resources (DSI) – a global fund through which companies profiting from nature’s genetic data, for example in medicine, cosmetics or biotech, contribute to biodiversity protection, with at least 50% of resources directed to Indigenous Peoples and local communities in biodiversity‑rich regions.
  • The establishment of a permanent Subsidiary Body on Article 8(j) and other provisions related to Indigenous Peoples and local communities (SB8j) to ensure their interests, traditional knowledge and rights are embedded in biodiversity decision‑making, recognizing their central role in protecting land and combating climate change.
  • Agreement on a biodiversity finance strategy to mobilize at least 200 billion US dollars per year by 2030, including increasing international public flows to developing countries to 20 billion per year by 2025 and 30 billion per year by 2030, with further decisions on raising and distributing these funds to be advanced at COP17.

'The climate COP'

When: 9-20 November 2026

What it is: This summit has been held annually since 1995. It has been one of the most well-known in the public sphere in recent years thanks to commitments such as the landmark Paris Agreement, signed at COP21, which binds signatories to cut their emissions. This year’s summit will be held in Antalya, Türkiye.

Notable this year: The three main tracks at COP31 will be

  • Emissions targets and implementation and how countries are delivering on their strengthened Nationally Determined Contributions (NDCs) under the Paris Agreement
  • Climate finance - delivering the new collective quantified finance goal set at COP29 to developing countries
  • Adaptation and resilience - strengthening the resilience of vulnerable countries and communities against climate risks

3 messages a triple-COP year drive home

Heading into 2026, the executive leadership of the three UN conventions – Simon Stiell (UNFCCC), Astrid Schomaker (CBD), and Yasmine Fouad (UNCCD) – are delivering a consistent, economy-forward message. Their collective framework established at the Joint Liaison Group in Bonn reinforces that climate change, biodiversity loss and land degradation are simply different symptoms of one planetary crisis. With the 2030 target deadline acting as a hard accountability marker, the triple COP sequence must deliver concrete execution, not just declarations.

1. The shift from global ambition to national execution

Setting global targets is no longer the measure of progress. In 2026, attention shifts to how those commitments are embedded in national policy, regulation, planning, and investment.CBD Executive Secretary Astrid Schomaker has said that the focus must now shift “from commitments and planning to accelerated implementation, measurable results and real progress”. COP17 in Yerevan will bring that shift into sharper focus through its first comprehensive stocktake of the Global Biodiversity Framework, alongside efforts to operationalise resource mechanisms such as the Cali Fund. National biodiversity strategies will serve as the practical test of whether the framework can transition from negotiated ambition to measurable change.

2. Closing the implementation gap across interconnected systems

We are not facing a knowledge gap. We are facing an implementation gap,” said UNCCD Executive Secretary Yasmine Fouad, welcoming the G7’s declaration on land security ahead of COP17 in Ulaanbaatar.

Land degradation, soil depletion, and severe drought directly threaten food security, rural livelihoods, regional stability, and economic resilience. As Fouad noted, restoring land is an investment in peace, resilience and long-term stability - but political attention must now be matched by the financing and partnerships needed to deliver results.

Private capital, technology, and operational expertise will be critical to converting this momentum into restoration programmes that strengthen supply chains, safeguard natural resources, and build long-term resilience.

3. Reframing sustainability as core economic resilience

UNFCCC Executive Secretary Simon Stiell emphasized that 2026 is "another crucial year in a crucial decade for climate action". Addressing climate ministers ahead of COP31, he pointed out that recent Middle East conflicts and energy market shocks have "ignited a fossil fuel cost crisis", demonstrating that the transition to clean energy is fundamentally about economic stability and energy security.

To deliver progress faster than consensus alone allows, Stiell urged governments and private-sector leaders to elevate the Action Agenda and focus on four immediate priorities for real-economy outcomes:

  • Investment in power grids and electrification
  • Targeted methane reduction
  • Building resilient cities
  • Safeguarding food security

For business leaders, engaging with the 2026 Triple COP sequence is a strategic imperative: it offers a framework to hedge against fossil fuel price volatility, align with the roadmap toward $1.3 trillion in climate finance, and lead in sector-specific decarbonization ahead of regulation.

More resources for business leaders

  • Aligning nature, finance and enterprise growth. More than half of global gross domestic product – approximately $58 trillion – depends directly on functioning ecosystems, yet physical risks like soil degradation, water scarcity and ecosystem loss are increasingly impacting corporate cash flows. This piece explores how financial leaders and executives can redirect capital flows to halt nature destruction and build long-term commercial resilience.
    Read more here: Why financial leadership on nature is key to sustainable growth
  • How business leaders navigate environmental and geopolitical risks. Drawing on insights from the World Economic Forum's Global Risks Report 2026 and the Alliance of CEO Climate Leaders, this article details how real-economy executives are proving that "business-smart is climate-smart". It outlines strategies for C-suite decision-makers to manage immediate energy and supply chain shocks while driving long-term decarbonization and nature restoration.
    Read more here: Leaders on building prosperity within planetary boundaries

Seizing the triple COP moment

Climate disruption, nature loss and soil degradation are already rewriting the rules of global trade. The triple COP sequence in Ulaanbaatar, Yerevan and Antalya offers a rare window to align international policy with real-economy momentum before 2030 deadlines lock in – making 2026 the decisive test of whether global commitments can finally deliver on the ground.

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