World Economic Forum
May 4, 2022
It has been a tough start to 2022. The war in Ukraine has shaken global geopolitical order and brought immense grief while disrupting supply chains and global economic stability. At the same time, the IPCC has issued dire warnings outlining the devasting consequences of climate change - including on business - if we don’t take urgent action and that the window for action is fast closing.
As the world struggles with political upheaval, we must also hold the long-term view in mind: that peace, a stable climate, and healthy ecosystems are the foundations of thriving and resilient societies and economies.
The Paris Agreement on climate change was a rallying point for businesses on global warming. Another United Nations initiative that could have the same impact on biodiversity recently concluded its latest round of talks in Geneva. Leading businesses such as Unilever, Citi, Natura &Co, H&M Group, Holcim, GSK, Walmart, IKEA, Nestlé and L’Occitane joined Business for Nature and its partners Capitals Coalition, WBCSD (World Business Council for Sustainable Development), CEBDS and the International Chamber of Commerce, on the ground - the first time so many progressive businesses have turned up at a nature negotiation pushing for greater ambition.