Skip to main content

Coalition of influential NGOs and businesses urge corporates to push for nature loss reversal

by Futures Centre, Aug 31
2 minutes read

The International Chamber of Commerce, WWF, We Mean Business, United Nations Global Compact, the IUCN, and Business for Nature in June signed an open letter calling on CEOs to work with governments to reverse nature loss.

As governments around the world start to shape COVID recovery plans, this coalition are calling on business leaders to push politicians to embrace economic policies and packages that prioritise nature restoration. Noting that more than half of the world’s GDP ($44tn) is exposed to risks associated with nature loss, while action to stem biodiversity loss has, to date, not been commensurate to the scale of the challenge.

So what?

Loss of biological diversity has been accelerating at an alarming rate with human actions dismantling the Earth’s ecosystems, eliminating genes, species and biological traits altering the functioning of ecosystems and their ability to provide society with the goods and services needed to prosper. 

For example, a recent report prepared by the UN estimated that around 1 million plant and animal species are now threatened with extinction in decades, more than ever before in human history. 

Whilst many companies have already recognised the need to prioritise sustainable use of natural resources and produce greener products to address nature loss these actions have been largely voluntary and not at a scale commensurate to the challenge.

With research showing that the destruction of biodiversity contributed to the conditions for new viruses to emerge, such as the novel coronavirus that causes COVID-19, it is critical that restoring biodiversity is made central to the plans and investment for rebuilding the global economy. 

This intervention, from leading NGOs and businesses, seeks to ensure that the opportunity is not lost to take concerted, sustained and ambitious action to reverse nature loss to enable the world to build back better, creating healthy societies, resilient economies and thriving businesses.

Photo by Janusz Maniak on Unsplash



by Futures Centre Spotted 1938 signals

Have you spotted a signal of change?

Register to receive the latest from the Futures Centre.
Sign up

  • 0
  • Share

Join discussion

Related signals

Our use of cookies

We use necessary cookies to make our site work. We'd also like to set optional analytics cookies to help us improve it. We won't set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies page.

Necessary cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytics cookies

We'd like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone. For more information on how these cookies work, please see our 'Cookies page'.