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Voices for Nature: The call for a new economic model

This video is part of: Centre for Nature and Climate

In 2022, the United Nations launched the Global Biodiversity Framework, aiming to halt and reverse biodiversity loss by 2030 and create a “nature-positive” world by 2050. This video examines why biodiversity is essential for both environmental sustainability and economic resilience, highlighting the critical role of businesses in protecting nature.

Nature: the foundation of our economy

More than half of the global GDP, about $44 trillion, depends directly on nature and its resources, making it highly vulnerable to environmental degradation. With biodiversity loss and ecosystem collapse now ranked among the top global risks, it’s clear that our economy and natural ecosystems are deeply interconnected.

The climate connection

Addressing biodiversity loss is essential to achieving the 1.5°C climate target. Ecosystem protection and restoration could provide over a third of the climate mitigation needed to reach the Paris Agreement goals. Businesses play a key role here by adopting sustainable practices, reducing impacts on nature, and investing in ecosystem restoration.

Shifting toward a nature-positive economy

Investing in nature could unlock $10.1 trillion in economic opportunities annually and create nearly 400 million jobs by 2030. Despite this potential, only a small number of major companies currently set biodiversity targets. With just six years remaining to meet global biodiversity goals, ambitious public-private collaboration is essential to create a resilient, nature-positive economy.

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Topics:
Nature and Biodiversity
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