We are engaging business in the development of science-based targets for nature. As a key partner of the Science-based Target Network (SBTN), our Nature Action Project is engaging business in the development of aligned actions and goals to help preserve and regenerate nature while supporting members to test the developing guidance on setting targets for nature. This work helps WBCSD members to advance and lead on commitments to nature.
The COVID-19 crisis has clearly demonstrated the impact that the decline of nature can have on the socioeconomic system as it results in increased risks for human health, stable food supplies and other key economic systems, such as urban and energy infrastructures.
The new decade started with a significant wake-up call in the form of COVID-19. Restoring nature will play a central role in the green recovery and science-based targets and nature-based solutions must drive it. Businesses need to collaborate and play a vital role in the transformation.
Our Nature Action Project is playing an active role in contributing to consistent targets, including an apex target for nature on which all align and work. We are mobilizing our members to participate in corporate engagement on and the development of science-based targets for nature, with WBCSD as one of the 24 partners of the Science-Based Targets Network (SBTN).