Business leaders: why the EU must adopt the Nature Restoration Law

Business leaders from 50 companies are calling for the urgent adoption of the EU Nature Restoration Law, arguing that nature-positive policies are essential for economic stability and climate mitigation. They highlight that nature-positive products and services could generate $10 trillion annually and that millions of European companies depend on ecosystem services. The leaders emphasize that the EU must maintain its global leadership in environmental legislation to fulfill the goals of the Global Biodiversity Framework and the EU Green Deal.

• CEOs and business leaders from 50 companies, including IKEA, Nestlé, Unilever, and Salesforce, are advocating for the adoption of the EU Nature Restoration Law to address the simultaneous climate and nature emergencies.
• The EU Nature Restoration Law is viewed as a critical mechanism for the EU to meet the targets of the Global Biodiversity Framework, which aims to halt and reverse nature loss by 2030.
• There is a significant economic incentive for nature-positive policies; the World Economic Forum estimates they could create 395 million jobs by 2030 and generate $10 trillion in new annual business value.
• Nature loss poses a systemic risk to the European economy, with approximately three million companies in the region highly dependent on at least one ecosystem service.
• Business leaders support making the disclosure of risks, impacts, and dependencies on nature mandatory for large companies and financial institutions, noting that the EU Corporate Sustainability Reporting Directive (CSRD) will be key to this transparency.

APA

Zabey, E. (2023). Business leaders: why the EU must adopt the Nature Restoration Law. World Economic Forum. https://www.weforum.org/stories/nature-and-biodiversity/eu-legislation-nature-climate-crisis/

Chicago

Zabey, Eva. Business leaders: why the EU must adopt the Nature Restoration Law. World Economic Forum, 2023. https://www.weforum.org/stories/nature-and-biodiversity/eu-legislation-nature-climate-crisis/.

Wikipedia

{{cite press release |last1=Zabey |first1=Eva |title=Business leaders: why the EU must adopt the Nature Restoration Law |publisher=World Economic Forum |date=12 June 2023 |url=https://www.weforum.org/stories/nature-and-biodiversity/eu-legislation-nature-climate-crisis/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{zabey2023business, author = {Zabey, Eva}, title = {{Business leaders: why the EU must adopt the Nature Restoration Law}}, publisher = {World Economic Forum}, year = {2023}, month = jun, url = {https://www.weforum.org/stories/nature-and-biodiversity/eu-legislation-nature-climate-crisis/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }