Share

Green growth and sustainable development

Biodiversity: Finance and the Economic and Business Case for Action

Published on December 06, 2019

book
The Convention on Biological Diversity’s 15th Conference of the Parties (CBD COP15) in 2020 marks a critical juncture for one of the defining global challenges of our time: the loss of biodiversity and ecosystem services, which underpin nearly all of the Sustainable Development Goals (SDGs). Transformative changes are needed to ensure biodiversity conservation and sustainable use and the delivery of the ecosystem services upon which all life depends. This report sets the economic and business case for urgent and ambitious action on biodiversity. It presents a preliminary assessment of current biodiversity-related finance flows, and discusses the key data and indicator gaps that need to be addressed to underpin effective monitoring of both the pressures on biodiversity and the actions (i.e. responses) being implemented. The report concludes with ten priority areas where G7 and other countries can prioritise their efforts.

TABLE OF CONTENTS

Foreword
Abbreviations and acronyms
Executive Summary
Synthesis and key messages
Global biodiversity loss and the international context
The socio-economic case for biodiversity action
The business case for biodiversity action
Opportunities for cost-effective restoration
Data and indicator gaps on pressures and responses
Global biodiversity finance: a preliminary update
Opportunities to scale up action on biodiversity
Biodiversity-related risks to businesses
Translating international biodiversity goals into corporate biodiversity goals
Targets, goals, metrics, indicators and measurement approaches of biodiversity for businesses and financial organisations
Integrating biodiversity into business and finance decision-making process
Policy and regulatory tools to help businesses and investors integrate biodiversity
Role of innovation in addressing data gaps
Powered by OECD iLibrary

The final report is forthcoming.

Event: G7 Environment Ministers’ Meeting, Metz, 5-6 May 2019

 

 

 

Key relevant OECD reports

 

 

Other event: Green Talks LIVE webinar 

Subject: The Post-2020 Global Biodiversity Framework: Enhancing measurability to track progress at global and national level

Human pressures are undermining the biodiversity that underpins all life on land and below water. Ecosystem services delivered by biodiversity, such as crop pollination, water purification, flood protection and carbon sequestration, are vital to human well-being. Despite these benefits, global biodiversity is on the decline.

The post-2020 global biodiversity framework, to be agreed upon at CBD COP15 in Kunming, China in 2020, presents a crucial opportunity to put in place more specific and measurable targets and to catalyse action to halt and reverse biodiversity loss.

On 9 May 2019, Katia Karousakis of the Environment Directorate discussed on-going OECD work on post-2020 targets, indicators and the measurability implications at global and national level, including key messages from a recent OECD international expert workshop.

 

 

Further Reading 

  • Economics and policies for biodiversity: OECD's response

  • OECD work in support of climate action