ESG Insider: A podcast from S&P Global cover image

ESG Insider: A podcast from S&P Global

Nature was front and center on the Davos agenda — here’s why

Jan 26, 2024
31:59
Snipd AI
The podcast explores the emphasis on nature at the World Economic Forum in Davos, discussing the risks of biodiversity loss and resource shortages. Interviews with experts highlight the economic and business case for nature, including the largest institutional manager of timberland. A beekeeper advocate explains the importance of bees for pollination, biodiversity, and climate change.
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Podcast summary created with Snipd AI

Quick takeaways

  • The World Economic Forum highlighted the importance of nature as a crucial element in economic and business decision-making, emphasizing the need for its mainstreaming and setting targets for industry sectors and individual companies.
  • Regulatory pressure, investor pressure, and consumer choices were identified as crucial drivers for positive change in addressing nature-related risks and opportunities, while transparency, credibility, and engagement with Indigenous communities were acknowledged as essential.

Deep dives

The Importance of Nature in the Davos Agenda

The World Economic Forum (WEF) annual meeting in Davos highlighted the increasing importance of nature in discussions about sustainability. The WEF's Global Risks Report identified environmental risks, such as extreme weather events and biodiversity loss, as top global concerns. Nature was recognized as a crucial element in economic and business decision-making, as it underpins over half of the world's GDP. The WEF discussed the value of natural capital and called for the mainstreaming of its importance, along with setting targets for industry sectors and individual companies. Ecosystem restoration and conservation were also key areas of focus, with the recognition that businesses, regulators, investors, and consumers all play a role in driving positive change.

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