Shifting Mindsets and Science-Based Targets for Nature

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In this chapter, they discuss the need for a mindset shift in how companies and stakeholders approach nature. They emphasize the importance of not being paralyzed by the complexity of the natural world and taking action. They also mention the concept of science-based targets for nature, which help companies operate within planetary boundaries.

The topic of nature played a more prominent role at COP28, the UN’s annual climate change conference, as understanding grows about the links between climate change and biodiversity loss.

In this episode of the ESG Insider podcast, we dive into the intersection of climate and nature in an interview with Business for Nature CEO Eva Zabey.

Business for Nature is a global coalition working to drive credible business action and policy ambition to achieve a nature-positive economy for all by 2030. Eva talks to us from the sidelines of COP28 about the steps companies can take to develop strategies for nature; the importance of measuring both impacts and dependencies on nature; and what to expect in the year ahead as the world prepares for COP16, the biodiversity-focused Conference of the Parties scheduled for late 2024.

“Nature is a must-have in any credible climate action,” Eva says. “Finally, it feels like nature is much more central to the discussions.”

Read our key takeaways from COP28 here: https://www.spglobal.com/esg/insights/featured/special-editorial/incremental-progress-adaptation-finance-and-nature-what-we-heard-at-cop28

Listen to our podcast episode recapping key COP28 outcomes here: https://www.spglobal.com/esg/podcasts/climate-adaptation-finance-data-and-nature-what-we-learned-at-cop28

This piece was published by S&P Global Sustainable1, a part of S&P Global.

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