Posts tagged WEF
Protecting Nature, Increasing Biodiversity Could Generate $10 Trillion per Year, Create 400 Million New Jobs, Deputy Secretary-General Tells Business Forum

UN

September 21, 2022
Following is the text of UN Deputy Secretary-General Amina Mohammed’s video message to the seventh Sustainable Development Goals (SDG) Business Forum, held virtually, today:

Excellencies, business leaders, ladies and gentlemen, thank you for joining the seventh SDG Business Forum.  This year’s event has provided a much-needed space for business leaders to share their experiences and insights to overcome our common challenges — from the COVID‑19 pandemic, to the war in Ukraine and its impacts on food, energy and finance, to the escalating climate emergency.

The private sector is an indispensable partner in promoting investment in sustainable development and mobilizing financing to achieve the 2030 Agenda.

Let me highlight two key messages from today’s discussions.  First, the business community should be a driving force to protect our global environmental commons, from climate action to ending pollution and restoring biodiversity.

Investing in biodiversity makes both environmental and economic sense.  Estimates by the World Economic Forum suggest that protecting nature and increasing biodiversity could generate business opportunities worth $10 trillion a year and create nearly 400 million new jobs.

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It’s time for business to step up to protect biodiversity

World Economic Forum

July 25, 2022
A recent report from The Environment Agency found a quarter of England’s mammals and almost a fifth of UK plants are threatened with extinction. With only an abysmal 50% of biodiversity remaining, the UK today ranks in the bottom ten of all countries globally. The present situation may look grim, but the future is potentially bleaker if we don’t act fast. The UN predicts the colossal extinction of one million species by 2039 - it’s clear we need to take action now to drive the change in the world, and humanity’s very survival, needs.

The absence of an urgent response from global leaders to the crisis has taken the loss of the world’s biodiversity to a crisis point, as it now poses as great a risk to humanity as global warming. Ongoing deprioritisation over more immediate global problems, such as the cost of living crisis and the COVID-19 pandemic has stagnated action and accelerated the loss of biodiversity. The delaying of the world’s foremost biodiversity conference, the COP15 summit, four times is proof of this. But humanity sleepwalking into extinction is a disaster, even if it takes fifteen years, and is worthy of urgent global attention.

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World Economic Forum emphasises need for nature positive economy

Northglen News

October 13, 2020
World Economic Forum has drawn the attention of the global business community to the critical relationship that exists between nature conservation and the state of the world economy.

In a video message released today, research findings show that it would cost the world just $140 billion a year to protect 30% of the planet from destruction. That’s less than what the world spends each year on video games and less than a third of what governments spend on subsidizing activities that destroy nature. This is also a fraction of the $10 trillion that was spent on Covid-19 packages in the first two months of the pandemic.

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