Title:
The Future of Nature and Business
[New Nature Economy Report II]
Published:
World Economic Forum (WEF), 2020
New Nature Economy Report series (NNER)
About this series:
The series of New Nature Economy Reports (NNER) is being developed under the umbrella of the World Economic Forum’s work on nature, a platform for committed actors to join up ideas and efforts in the run-up to the UN Convention on Biological Diversity (CBD) COP15 – and in support of the related Business for Nature agenda. The NNER series aims to make the business and economic case for action.
Some of the key findings from the New Nature Economy Report II:
* There is no future for business as usual – we are reaching irreversible tipping points for nature and climate, and over half of the global GDP, $44 trillion, is potentially threatened by nature loss.
* Fighting climate change is essential but not enough to address the nature crisis – a fundamental transformation is needed across three socioeconomic systems: food, land and ocean use; infrastructure and the built environment; and energy and extractives.
* 80% of threatened and near-threatened species are endangered by the three systems, which are responsible for the most significant business-related pressures to biodiversity; these are also the systems with the largest opportunity to lead in co-creating nature-positive pathways.