Biodiversity loss – do we have the right business models to prevent it?
Dana Hanby, Tanya Dos Santos, Robert Fletcher, Paul Roper, Soony Duijn
About this talk
Biodiversity loss was one of the top three risks identified in the World Economic Forum’s 2022 Global Risk Report. The risks are getting the attention of regulators, policymakers, and public and private market participants, however, biodiversity risk incidents are still rising and not many companies have actually undertaken materiality assessments on environmental risks beyond climate change. Even though already 6 years ago, the world’s most significant forums for the promotion of biodiversity conservation concluded that “current public funding was far less than that required to support effective conservation action globally. [And...] enhanced private-sector engagement was desperately needed” (*), the progress on biodiversity finance appear to be still elusive. “Like the financial crisis, the tragedy on the horizon represents a crisis of valuation and values.”(**) The list of challenges to account for biodiversity in business models appear to be long, in the meantime "it is only once the rainforest is cleared and a cattle herd or soya plantation is placed on the newly opened land that the Amazon region begins to have market value. The cost to the climate and biodiversity of destroying rainforest appear on no ledger”. (**)
- Do current business models support biodiversity conservation?
- What is the current status quo for private-sector engagement in biodiversity?
- Can Markets provide a solution?
- What are the latest recommendations of TNFD?
- What approach do companies and the Financial Sector take to prevent biodiversity loss?
These and many more questions we will discuss with our excellent panel
Tanya Dos Santos – Global Head of Sustainability - Investec
Robert Fletcher – Professor, Sociology of Development and Change, Wageningen University & Author of “Failing Forward – The Rise and Fall of Neoliberal Conservation”
Paul Roper – Head of Project & Funding Delivery; Lee Valley Regional Park Authority
Sonny Duijn - Thematic Economist - ABN AMRO
Debates with the industry leaders that allow to share best practice, exchange opinions, discuss future trends, key challenges and solutions. Please join the conversation. (contact www.esgnexus.com/contact)…