To show their support for biodiversity conservation, Japanese businesses and government agencies have announced a new multi-stakeholder initiative. The”Japan Business and Biodiversity Partnership” aims to scale-up and broaden private sector engagement towards the CBD COP10 in Nagoya, Japan.
On 25th May, the Japanese business community including Nippon Keidanren Committee on Nature Conservation, the Japan Chamber of Commerce and Industry and Japan Association of Corporate Executives in cooperation with IUCN Japan Project Office and various Japanese government agencies announced a new multi-stakeholder initiative called ”Japan Business and Biodiversity Partnership” in order to scale-up and broaden private sector engagement towards COP10 in Japan.
More than 300 blue-chip companies have already expressed an interest to join this partnership by endorsing the “Declaration of Biodiversity by Nippon Keidanren and its Action Policies on Biodiversity” and are committed to facilitate the achievement of CBD objectives through sharing experiences and cooperation with NGOs, research institutions and governmental organizations. This initiative intends to incorporate businesses of differing sizes in various sectors including agriculture, forestry and fisheries and to be officially launched at the COP10 in Nagoya October 2010. It also aims to promote and facilitate global partnership on business and biodiversity among like-minded initiatives in different countries and regions as well as relevant international organizations through exchanging experiences and good practices.
The importance of private sector engagement to achieve the Convention on Biological Diversity’s objectives has been recognized by parties to the convention through several decisions including VIII/17 and IX/26. At the 9th Conference of the Parties (CBD-COP9), during its presidency of the CBD, the German government launched “Business and Biodiversity Initiative: Biodiversity in Good Company” to promote this process and so far more than 40 companies have committed to implementing the convention through the “Leadership Declaration For the Implementation of the UN Convention on Biological Diversity”.