Decision COP XIV/3

(a) To take note of the trends within the respective sectors regarding their potential impacts and dependencies on biodiversity with a view to identifying opportunities for mainstreaming biodiversity;

(b) To include approaches to conserve, enhance and sustainably use biodiversity and ecosystem functions and services in upstream decisions on investments in these sectors, through such available tools as strategic environmental assessments and integrated spatial planning, including the evaluation of alternatives to such investments;

(c) To apply best practices on environmental impact assessments 14 and biodiversity mainstreaming to decisions, including those of public and private financial institutions, related to the approval of projects and investments in these sectors;

(d) To apply the mitigation hierarchy when planning and designing new projects and plans;

(e) To review and, as appropriate, update legal frameworks, policies and practices to promote the mainstreaming of biological diversity in the energy and mining, infrastructure and manufacturing and processing sectors, including through safeguard, monitoring and oversight measures, and to promote the full and effective participation of relevant sectors, indigenous peoples and local communities, academia, women, youth and other relevant stakeholders, where applicable through consultations with indigenous peoples and local communities with a view to obtaining free, prior and informed consent, consistent with international agreements and consistent with national policies, regulations and circumstances;

(f) To provide, as appropriate, effective incentives and appropriate governance mechanisms that strengthen best practices and best available and innovative techniques, including on sustainable consumption and production to mainstream biodiversity in the energy and mining, infrastructure, manufacturing and processing sectors, consistent with international obligations;

(g) To promote and strengthen best practices on sustainable consumption and production, implemented in the energy and mining, infrastructure, manufacturing and processing, and other sectors, that favour conservation and sustainable use of biodiversity;

(h) To review and use, as appropriate, existing tools, including policies oriented to business planning, design, supply and value chains, sustainable procurement and consumption and similar policies, to promote biodiversity-related sustainable production and consumption in the energy and mining, infrastructure, and manufacturing and processing sectors, to shift markets towards more sustainable consumption and production and innovation, as well as to continue collaborating, developing and implementing other corporate policies and measures;

(i) To review and, as appropriate, update legal frameworks, policies and practices, to foster the mainstreaming of biodiversity conservation and sustainable use in socio-economic and business policies and planning, including through incentives for best practices in supply chains, sustainable production and consumption and measures at the scale of sites or production plants, requiring reporting by businesses on biodiversity dependencies and impacts, strengthening voluntary disclosures, and adopting or updating laws on sustainable procurement, and similar policies to shift markets towards more sustainable products and technologies;

(j) To design and implement, as appropriate, measures to encourage investments by the business and financial sectors to mainstream biodiversity in all sectors, including measures to promote public disclosure of corporate activities related to biodiversity and encourage the financial sector to develop approaches to mainstream the values of biodiversity and ecosystems in financing and investment in accordance with paragraph 9(b)(ii) of decision X/3;

(k) To encourage the application of technology and research and development and innovation regarding mainstreaming biodiversity in the sectors of energy and mining, infrastructure, and manufacturing and processing;

(l) To evaluate and pursue opportunities to utilize ecosystem-based approaches in the sectors of energy and mining, infrastructure, and manufacturing and processing, where appropriate;

(m) To integrate biodiversity and ecosystems functions and services in the planning and development of cities, including approaches to conserving, enhancing, restoring and sustainably using biodiversity and ecosystem functions and services in spatial planning across cities, landscapes and seascapes;

(n) To work with indigenous peoples and local communities and all relevant stakeholders across the public, private and civil society sectors in order to establish and strengthen coordination mechanisms to facilitate addressing the underlying causes of biodiversity loss and foster biodiversity mainstreaming across all sectors;

(o) To develop government coordination mechanisms, mechanisms for stakeholder inputs and engagement, multi-stakeholder knowledge platforms, and independent governmental audit or evaluation institutions to enhance biodiversity mainstreaming and enhance implementation at the national level;

(p) To establish knowledge platforms to bring together government agencies at different levels, the business sector, indigenous peoples and local communities and stakeholders to address the technical issues with respect to mainstreaming biodiversity, taking into account matters related to environmental stewardship and corporate social responsibility;

(q) To build capacity and foster capacity-building for the effective mainstreaming of biodiversity;

(r) To promote the formulation of policies, work plans and concrete actions among ministries, agencies and other bodies responsible for biodiversity and the sectors of energy and mining, infrastructure, manufacturing and processing, to facilitate the mainstreaming of biological diversity in these sectors, within the framework of the Strategic Plan for Biodiversity 2011-2020 and the 2030 Agenda for Sustainable Development,4 and to include such policies, work plans and concrete actions in their national biodiversity strategies and action plans, as appropriate;

(a) To improve the internalization by businesses of the importance and values of biodiversity as stated in paragraph 13(h) above in the sectors and to facilitate the sharing of experiences and good practices;

(b) To develop and improve metrics, indicators, baselines and other tools to measure the biodiversity dependencies of businesses in these sectors and their impacts on biological diversity, in order to provide business managers and investors with trusted, credible and actionable information for improved decision-making and the promotion of environmental, social and governance investments;

(c) To develop specific guidance on how to strengthen the ecosystem and biodiversity impact and dependency components of business reporting against the 2030 Agenda for Sustainable Development and its Sustainable Development Goals;

(d) To enhance, as appropriate, the linkages between the United Nations System of Environmental-Economic Accounting and the accounting frameworks for biodiversity and ecosystems used by the business and financial sectors;

(a) To undertake activities to support implementation of the present decision and to continue to support efforts related to the mainstreaming of biodiversity as requested in prior decisions of the Conference of the Parties;

(b) To ensure that discussions and inputs with respect to mainstreaming biodiversity are appropriately integrated in the development of the post-2020 global biodiversity framework, including both technical and policy discussions as well as inputs from various stakeholders and partners;

(c) To work with the Informal Advisory Group referred to in paragraph 18 above and interested Parties to further develop a long-term strategic approach to mainstreaming of biodiversity, based on the proposal contained in annex I hereto and supported by the Informal Advisory Group referred to in paragraph 18 above;

(d) To undertake additional work to facilitate the disclosure and reporting of the impacts of businesses on biodiversity and their dependencies on biodiversity, working in collaboration with relevant organizations and initiatives, including to support the objectives listed in paragraph 16 above;

(e) To undertake additional work to examine the role of indigenous peoples and local communities in mainstreaming biodiversity;

(f) To report on progress on the actions above to the Subsidiary Body on Implementation at its third meeting for consideration subsequently by the Conference of the Parties at its fifteenth meeting;

(g) To continue organizing, in collaboration with relevant organizations and stakeholders, in conjunction with other capacity building activities, forums for discussion and exchange of experiences with respect to mainstreaming of biodiversity in key sectors, including on a regional basis;

(h) To develop cooperation and partnerships with the secretariats of relevant multilateral agreements and international organizations as regards the mainstreaming of biodiversity;

(i) To continue to develop, in collaboration with the Biodiversity Indicators Partnership and other partnerships and stakeholders, as appropriate, metrics for measuring mainstreaming success which will provide a basis for adequately integrating biodiversity mainstreaming in the post-2020 global biodiversity framework.