Biodiversity loss – do we have the right business models to prevent it?
Biodiversity loss was one of the top three risks identified in the World Economic Forum’s 2022 Global Risk Report. The risks are getting attention of regulators, policymakers, public and private market participants, however biodiversity risk incidents are still raising and not many companies have actually undertaken materiality assessments on environmental risks beyond climate change. Even though already 6 years ago, the world’s most significant forums for promotion of biodiversity conservation concluded that “current public funding was far less than that required to support effective conservation action globally. [And…] enhanced private-sector engagement was desperately needed”, the progress on biodiversity finance appear to still be elusive.(*) “Like the financial crisis, the tragedy on the horizon represents a crisis of valuation and values.”(**) The list of challenges to account for biodiversity in business models appear to be long, in the meantime it is only once the rainforest is cleared and a cattle herd or soya plantation is placed on the newly opened land that the Amazon region begins to have market value. The cost to the climate and biodiversity of destroying rainforest appear on no ledger”. (**)
- What is the current status quo for private-sector engagement in biodiversity?
- Are current business models supporting biodiversity conservation?
- Can Markets provide a solution?
- What are the latest recommendations of TNFD?
- What approach do companies and the Financial Sector take to prevent biodiversity loss?
These and many more questions we will discuss with our excellent panel:-
Tanya Dos Santos – Global Head of Sastainability – Investec
Robert Fletcher – Professor, Soiology of Development and Change, Wageningen University & Author of “Failing Forward – The Rise and Fall of Neoliberal Conservation”
Paul Roper – Head of Project & Funding Delivery; Lee Valley Regional Park Authority
(*) Robert Fletcher – “Faling Forward – The Rise and Fall of Neoliberal Conservation”
(**) Mark Carney – Value(s)
Link do signing in and on demand viewing https://www.brighttalk.com/webcast/18712/581400?utm_source=DanaHanby&utm_medium=brighttalk&utm_campaign=581400