Why the fight against nature loss should be a business priority
Summary
The text asserts that nature is essential for global economic prosperity and calls for businesses to advocate for an emergency declaration for nature and people by September 2020. It recommends that companies support science-based targets to halt nature loss by 2030, integrate nature-based solutions into climate strategies, and push for financial systems that reward environmental, social, and governance performance. The author suggests that business leadership in this area is necessary to drive transformative government policy, similar to the role business played in the 2015 Paris Agreement.
Key insights
- To accelerate the reversal of nature loss, regulatory and financial systems must be updated to reward companies for performance regarding environmental, social, and governance (ESG) issues rather than focusing solely on financial returns.
- The document proposes several specific policy recommendations for businesses to support, including an emergency declaration for nature and people to be signed by heads of state in September 2020 and the establishment of science-based targets to stop nature loss by 2030.
- Businesses are encouraged to sign the Nature-Based Solutions (NBS) for Climate manifesto to integrate nature into climate efforts, including through Nationally Determined Contributions (NDCs).
- There is an expectation that disclosure requirements for nature loss will follow the trend of mandatory climate-related financial disclosures in jurisdictions such as the EU and the UK.
Cite the original document
- APA
- Zabey, E. (2019). Why the fight against nature loss should be a business priority. World Economic Forum. https://www.weforum.org/stories/nature-and-biodiversity/biodiversity-nature-loss-business/
- Chicago
- Zabey, Eva. Why the fight against nature loss should be a business priority. World Economic Forum, 2019. https://www.weforum.org/stories/nature-and-biodiversity/biodiversity-nature-loss-business/.
- Wikipedia
- {{cite press release |last1=Zabey |first1=Eva |title=Why the fight against nature loss should be a business priority |publisher=World Economic Forum |date=5 November 2019 |url=https://www.weforum.org/stories/nature-and-biodiversity/biodiversity-nature-loss-business/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{zabey2019why, author = {Zabey, Eva}, title = {{Why the fight against nature loss should be a business priority}}, publisher = {World Economic Forum}, year = {2019}, month = nov, url = {https://www.weforum.org/stories/nature-and-biodiversity/biodiversity-nature-loss-business/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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