Business for Nature in Davos: Businesses call for policies that place nature at the heart of the global economy

23 stycznia 2020

On January 21 at the World Economic Forum in Davos, Business for Nature – a global coalition of influential organizations and forward-thinking businesses, with Responsible Business Forum onboard – is calling for concrete action from governments to deliver a new deal for nature and people. 2020 provides a historic opportunity as world leaders and governments come together at several key moments to determine the planet’s future.

Business for Nature has engaged over 200 companies from 15 sectors in five continents as well as many other organizations to develop five policy recommendations on nature. Businesses are uniting behind and calling on governments to adopt these recommendations to create a level playing field and a stable operating environment. Coupled with continued business action, these policies – once adopted –  have the potential to unleash new opportunities and encourage business to do more, which in turn leads to more ambitious policies.

To develop these robust policy recommendations, Business for Nature engaged hundreds of companies from 15 sectors, operating in five continents, as well as many other organizations. The five recommendations call on governments to:

  1. Provide direction and ambition: adopt global targets informed by science to reverse nature loss by
    2030 and recognize a planetary emergency.
  2. Align, integrate and enforce policies for nature, people and climate: bring greater coherence to
    UN governance, make nature part of mainstream government policy and ensure effective
    enforcement of environmental laws.
  3. Go beyond short-term profit and GDP: value and embed nature in decision-making and disclosure
    so that governments, companies and financial organizations can make better long-term decisions.
  4. Finance a socially fair transformation: reform subsidies and incentives to reward positive action on
    nature alongside innovative and circular business models and; promote financial solutions that
    support nature.
  5. Engage, enable and collaborate: join forces for nature so that the public and private sector can
    implement solutions and empower society to act.

These bold actions on nature – if adopted – have the potential to unleash new opportunities and support business to do even more, which in turn leads to greater policy ambition. Businesses are pushing for governments to adopt these policies because they understand that social and economic prosperity, and the success of their businesses, rely on a healthy natural world. And that to resolve the climate and biodiversity crises and reduce inequality we must protect, conserve and restore nature.