In this article, we provide an overview of country-led and private sector-driven key developments surrounding the recent United Nations Biodiversity Conference (COP16). The world is progressively recognizing that biodiversity loss and climate change are correlated and mutually reinforcing. A common refrain is that “there is no net zero without nature”. However, this understanding has not been reflected in countries’ implementation of the Kunming-Montreal Global Biodiversity Framework (GBF), which currently falls short of the requisite pace and scale. Outside of multilateralism, more promising trends are emerging in nature-related disclosures, transition planning, science-based targets and private finance.
Please see full publication below for more information.
