Overview
- The three-year IPBES Business & Biodiversity Assessment, produced by roughly 80 experts, was endorsed by more than 150 governments to steer corporate approaches to nature.
- In 2023 an estimated $7.3 trillion flowed to nature-harming activities while about $220 billion went to conservation, underscoring the report’s call to realign finance.
- Fewer than 1% of public companies disclose biodiversity impacts, and the report urges firms to set measurable targets, strengthen auditing and monitoring, and innovate in products and processes.
- The authors cite perverse incentives, weak enforcement and significant data gaps as barriers, with high exposure highlighted for sectors such as construction, food, pharmaceuticals and infrastructure through direct operations and supply chains.
- The UK hosted the summit and pledged support for private‑sector standards via the British Standards Institution and the Taskforce on Nature‑Related Financial Disclosures, while some governments, including the United States, were not among the signatories.