Title: Private business action for biodiversity Commissioned by: German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) Country: Global Overall term: 2016 to 2020
Biodiversity continues to be seriously threatened despite the increasing commitment of governments, global alliances and international initiatives. The fourth edition of the Global Biodiversity Outlook concludes that more vigorous efforts to tackle the causes of biodiversity loss are crucial if the Aichi Biodiversity Targets are to be met by 2020. These targets were set by the international community in the Japanese prefecture of Aichi in 2010 in order to implement the UN Convention on Biological Diversity and stem the loss of biodiversity.
Cooperation between social stakeholders on a broad scale is vital to stop the continued decline in the status of biodiversity. Private businesses can play a key role in reversing the underlying causes of biodiversity loss. To achieve this, ways of promoting and financing biodiversity-friendly production and marketing need to be identified.
Companies are attaching increasing importance to issues of social and environmental sustainability. The past decade has seen a rise in private sector investment in biodiversity protection, but there is still vast potential for expanding such activities. Biodiversity-friendly production models are still not sufficiently established. This is due, for example, to a lack of knowledge in businesses, unfavourable market conditions and the high transaction costs involved in converting existing production systems into biodiversity-friendly systems. Moreover, there is not enough awareness at political level of the conditions required to promote biodiversity-friendly production.
Promising methods and instruments for promoting biodiversity-friendly production and marketing are developed and tested on a pilot basis in three partner countries.
During the scoping phase, the project team starts by identifying, analysing and discussing existing approaches to promoting biodiversity-friendly production and marketing. Based on these findings it prepares country-specific project strategies jointly with three selected partner countries. In addition, the project team ascertains the level of knowledge and experience of biodiversity-friendly production among relevant stakeholders, such as businesses, political decision-makers and civil society organisations. It then works with its partners on devising and implementing a strategy to build up expertise in the public and private sectors. Instruments and mechanisms designed to encourage biodiversity-friendly production and marketing are selected and subsequently trialled in the partner countries.
Having identified and tested promising measures and instruments, the project introduces these into the relevant debate at international and national level. It thereby shares valuable experience and makes recommendations which will contribute to achieving the objectives of the UN Convention on Biological Diversity.