In a nutshell: UN adopts Pact for the Future / Updated NBSAPs / New York Climate Week / High Seas Treaty updates
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In a time where the health of our planet is increasingly at risk, a growing number of businesses recognize the vital role that they can play in protecting and restoring nature. To support these efforts, Business for Nature, in collaboration with several partners, has developed a Business Action Narrative.
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In just over 30 days, representatives from governments, NGOs, civil society, local communities, business, finance and many more will all meet in Cali, Colombia for CBD COP16 (21 October – 1 November).
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Updated NBSAPs and national targets/ Negotiations on ABS/ World Summit on Traditional Knowledge Related to Biodiversity
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Negotiations for deep-sea mining regulation / Updates on WTO fisheries agreement / Suriname publishes updated NBSAP / Renewed call for ambition in Europe / Colombia officially begins ban on some single-use plastics
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Canada publishes its NBSAP / New CBD Secretary / Developments around deep seabed mining / GEF Council approves new funds for biodiversity / EU nature policy landscape
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CBD technical meetings outcome / Progress on European nature legislation / Ministers commit to halt and reverse deforestation by 2030 / Andean Parliament declares State of Emergency in the Amazon / Global Biodiversity Framework Fund approves second round of grants
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Fourth negotiating session for a Plastic Treaty concludes / Japan publishes strategy for a nature-positive economy / European Corporate Due Diligence Directive approved by European Parliament / COP16 website now live / Pacific countries discuss the Biodiversity Plan
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Astrid Schomaker appointed CBD’s new Executive Secretary / Nature policies face setback in European Council / Negotiations for deep-sea mining regulations / Brazil publishes strategic environmental plan / Global Biodiversity Fund approves first grants / UNEA-6 adopts 15 resolutions
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As governments are now actively working on implementing the Global Biodiversity Framework – also called the Biodiversity Plan – policies are being adopted in several countries to create a legislative framework that enables collective action to halt and reverse nature loss by 2030.
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This paper provides recommendations for governments on how to implement Target 18 on reforming Environmentally Harmful Subsidies (EHS) and other incentives. In addition to recommendations to governments, the paper also presents how business can and should support this EHS reform processes.
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This guide aims to support business associations or other organizations with a business network in their engagement with national governments on the implementation of the GBF. This will ensure that updated NBSAPs reflect the ambition of GBF targets and clearly outline the role and responsibilities of businesses and financial institutions to support effective implementation. The guide provides recommendations on how to engage national governments and the business community in this process.
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The European Parliament has voted to support an amended version of the EU Nature Restoration Law. Now, alongside hundreds of businesses and investors, Business for Nature and CLG Europe urge EU leaders to adopt a more ambitious and forward-looking law in the coming months.
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Read Business for Nature’s recommendations for governments on implementing Target 15 of the Global Biodiversity Framework, with a focus on assessing and disclosing risks, impacts, and dependencies on biodiversity.
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With a month to go before the next round of meetings, Business for Nature has updated its position on the Global Biodiversity Framework outlining specific language business leaders would like to see in the final agreement in order to spur ambitious action from the private sector and secure a nature-positive future.
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Ahead of the last round of CBD negotiations before the UN Biodiversity Conference COP15, The B Team and Business for Nature launch a joint brief called “Financing Our Survival: Building a Nature-Positive Economy through Subsidy Reform”. It aims to inform government and business decision making on Environmentally Harmful Subsidy (EHS) reform.
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If you’re not familiar with the UN Convention on Biological Diversity (CBD), we’ve helped to create business and finance guides that explain how the UN CBD process works and how companies and financial institutions can engage.
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Investors often chase short-term profits instead of using environmental, social, and governance criteria – alongside financial performance – to measure a company’s value. There will be no saving the planet from the ravages of climate change and biodiversity loss unless this definition of business success changes.
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