The Post-2020 Global Biodiversity Framework and What it Means for Business

The report analyzes the post-2020 Global Biodiversity Framework (GBF) and its impact on the private sector, highlighting 10 business-relevant targets and providing guidance on transitioning to nature-positive business models.

• More than half of the world's total GDP is moderately or highly dependent on nature and ecosystem services, making it potentially exposed to risks from nature loss.
• The transition to nature-positive business models presents a significant economic opportunity, with the potential to generate $10 trillion in annual business opportunities and create 395 million jobs by 2030.
• Businesses face three primary types of nature-related risks: physical risks (dependence on ecosystem services), transition risks (misalignment with societal and regulatory shifts), and systemic risks (cascading failures resulting from tipping points).
• Target 15 of the GBF specifically requires large and transnational companies and financial institutions to regularly monitor, assess, and transparently disclose their risks, dependencies, and impacts on biodiversity across operations, supply chains, and portfolios.
• There is a substantial global funding gap for biodiversity conservation, estimated at roughly $700 billion annually, with total needs ranging from $722 billion to $967 billion per year.
• Governments provide nearly $2 trillion per year in environmentally harmful subsidies, which represents approximately 2% of global GDP.
• Indigenous peoples and local communities (IPLCs) govern at least 32% of the planet's land and inland waters (excluding Antarctica), and two-thirds of this land has less than 10% human modification.
• Nature-based solutions (NBS) could potentially provide 11 billion tons of GHG emission reductions per year by 2030, with some options costing $100 per ton of CO2-equivalent or less.
• The report identifies several emerging frameworks to help companies manage nature risks, including the Taskforce on Nature-related Financial Disclosures (TNFD) and the Science Based Targets Network (SBTN).

APA

World Economic Forum (2023). The Post-2020 Global Biodiversity Framework and What it Means for Business. https://www3.weforum.org/docs/WEF_Biodiversity_Targets_for_Business_Action_2022.pdf

Chicago

World Economic Forum. The Post-2020 Global Biodiversity Framework and What it Means for Business. 2023. https://www3.weforum.org/docs/WEF_Biodiversity_Targets_for_Business_Action_2022.pdf.

Wikipedia

{{cite report |author=World Economic Forum |title=The Post-2020 Global Biodiversity Framework and What it Means for Business |date=January 2023 |url=https://www3.weforum.org/docs/WEF_Biodiversity_Targets_for_Business_Action_2022.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldeconomicforum2023post2020, author = {{World Economic Forum}}, title = {{The Post-2020 Global Biodiversity Framework and What it Means for Business}}, institution = {World Economic Forum}, year = {2023}, month = jan, url = {https://www3.weforum.org/docs/WEF_Biodiversity_Targets_for_Business_Action_2022.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }