"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 states' 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,"
"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 fruit 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."
A business model that prioritizes growth over nature is unsustainable and risks driving extinctions unless reversed. Business activities both damage and rely on biodiversity, and natural systems underpin human wellbeing and daily life. Agricultural productivity depends on pollinators facing declines; fisheries suffer as coral reefs degrade from pollution and climate change. Corporations must adopt environmental stewardship to protect profits and long-term prosperity. Reversing biodiversity loss requires redirecting large private and public finance flows away from activities that drive habitat destruction and species decline and toward sustainable, nature-positive practices.
Read at www.dw.com
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