Every sector must play their part in contributing towards a nature-positive future. Here’s how

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12 September, 2023


WBCSD insights



Diane Holdorf, Executive Vice President, WBCSD, Akanksha Khatri, Head, Nature and Biodiversity, World Economic Forum, Eva Zabey, CEO, Business for Nature

  • The Kunming-Montreal Global Biodiversity Framework charts a new course for our society’s relationship with nature, with business action critical to the mission of halting and reversing nature loss by 2030.
  • A sectoral approach is needed to address the impacts and dependencies that different parts of the economy have on nature and biodiversity.
  • To help accelerate the transition to a nature-positive future, new guidance sets out the priority actions to be taken by all businesses across 12 sectors.

Accelerating corporate action on nature

Why companies need a sector-specific approach

All parts of our economy are dependent on nature and its ecosystem services to continue functioning. Even though every sector relies on nature throughout its value chain, they simultaneously continue to contribute to the very drivers of nature’s decline.

Priority actions to transform 12 global sectors

  • Energy businesses can adopt circular designs and incorporate recycled materials in turbines.
  • Household and personal care product companies can increase investment into nature-conscious products and business models, such as refillable products, waterless formulations, and reusable or durable products to minimize water consumption and pollution of water systems.
  • Cement and concrete businesses can replace freshwater with non-freshwater sources such as harvested rainwater or treated municipal water, establish water recycling systems, and create artificial wetlands to reduce water withdrawal and improve water quality.
  • Agri-food companies can avoid the degradation – and accelerate the regeneration – of land and ecosystems by committing to and implementing deforestation and conversion-free production and/or sourcing and supporting farmers to embed regenerative agricultural practices.

The recommended transformative actions follow the commonly used mitigation hierarchy to first avoid and reduce pressures on nature, then restore and regenerate to recover the state of nature, and finally to transform underlying systems to address the drivers of nature loss.

Putting nature first benefits everyone