The United Nations Biodiversity Conference (COP15) ended in Montreal, Canada, last year with a landmark agreement, “Kunming-Montreal Global Biodiversity Framework” (GBF), to guide global action on nature. It not only ensures that at least 30% of terrestrial and inland water areas, and of marine and coastal areas are effectively conserved and managed, but also aims to increase total biodiversity-related international finances to at least $30 billion per year by 2030. It also targets to enable businesses to regularly monitor, assess, and transparently disclose their risks, dependencies, and impacts on biodiversity, and then provide information needed to consumers to promote sustainable consumption patterns.
To communicate the outcomes, at the first climate salon event of 2023 Delta invited the associate researcher of Biodiversity Research Center, and the secretary-general of Business Council for Sustainable Development, to share the concept ecosystem service and relevant frameworks, actions corporates, value chains, and finance could follow. The event attracted over 300 people to participate in it online and on-site.
At the event, Delta additionally introduced the importance of the "Nature Positive" concept and goal and shared how we devoted ourselves to coral restoration and biodiversity works. We particularly highlighted that there exists the necessity for the private sector to co-design biodiversity actions with scientists, as the implementation and intervention must cause no harmful impact on the existing ecosystem. The monitoring and outcome statistics must be also science-based.
Nowadays nature is climbing the agenda in the wake of COP15, but rare corporates pledge to protect biodiversity and natural capital. Delta has observed that most companies have a hard time making commitments and launching relevant actions on account of knowledge gaps or lacking awareness. We expect ourselves to keep serving as an information platform to acquaint stakeholders with the latest global biodiversity trends and development.
