"A business model heavily focused on growth at the expense of nature is not only unsustainable, but threatens extinction if not reversed. That's according to a landmark "Business and Biodiversity Assessment Report" published by the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES), a global independent research body comprising more than 150 member governments. Setting out to reframe the often-destructive relationship between nature and commerce, the first-time assessment shows how business both impacts and depends on biodiversity, and how nature contributes to people and society."
"Businesses cannot exist without biodiversity, yet they are exhausting the "basis for our daily life" and undermining nature's contribution to people, said Kohsaka, who is coordinating lead author of the report produced by public and private sector experts from 35 countries. He notes how agricultural products like fruits rely on the pollinators that are being lost as nature is destroyed; or how fishery habitats are in decline as coral reefs die off due to pollution and climate change."
Business models that prioritize growth over nature drive biodiversity loss and threaten extinction unless transformed. Collaboration between scientists and businesses reveals that commercial activities both impact and depend on biodiversity, and that nature provides essential contributions to people and society. Agricultural production depends on pollinators that are in decline, while fisheries are harmed as coral reefs die from pollution and climate change. Enterprises must adopt environmental stewardship to protect the basis for daily life and secure long-term prosperity. Large private and public finance flows—estimated at about $7.3 trillion in 2023—currently fund activities that drive biodiversity loss and require redirection.
Read at www.dw.com
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