Business Collaboration in Achieving the Goals of the Convention of Biological Diversity
The need to engage businesses in achieving the objectives of the Convention was recognized by the Conference of the Parties at its eighth meeting, in Curitiba, Brazil, in 2006.
Decision VIII/17 foresaw the participation of businesses in various biodiversity meetings and their involvement in the development and implementation of national and international biodiversity strategies and action plans.
Subsequent decisions were taken to establish the conditions that facilitate private sector engagement. The decisions encouraged businesses to “adopt practices and strategies that contribute to achieving the goals and objectives of the Convention and the Aichi Biodiversity Targets."
This includes decisions to:
- Strengthen biodiversity consideration in business operations and promote behavioral change through “mainstreaming''
- Encourage enterprises to align investments, management, and procurement policies with the conservation and sustainable use of biodiversity and ecosystem services.
- Encourage businesses & support the establishment of the Global Partnership for Business and Biodiversity and other public/private partnerships to provide a platform to facilitate tool sharting, dialogue, and capacity building.
- Support the measurement and reporting of business impacts and dependencies to biodiversity by formalizing biodiversity impact reporting in their annual reports.
- Further encourage businesses to take into account individual supply chain activity, national priorities, and conditions when conducting biodiversity assessment.
- Promote business involvement in the development, revision, and implementation of national and international biodiversity strategies and action plans.
For more information on previous COP Decisions, please visit: CBD COP Decisions.
The business programme undertakes additional activities, often in cooperation with partners.
These collaborations are important in helping to raise awareness.
Collaborations encourage the mainstreaming of biodiversity and ecosystem management into businesses.
Specifically, some of the main activities include: