Businesses on board – for biodiversity

25 October 2010 | News story

Finding ways for businesses to become more involved in helping to halt and reverse the current loss of biodiversity will be the main focus of the International Business and Ecosystems Dialogue, which will take place on Tuesday 26th October during the 10th Conference of Parties to the Convention on Biological Diversity (CBD) in Nagoya.

Some 100 business leaders, key decision makers from around the world and representatives from governments will explore adaptive business strategies and policy frameworks to reduce and eventually reverse ecosystem degradation and ecosystem service loss. The all-day event is organized by IUCN, the World Business Council for Sustainable Development (WBCSD) and Keidanren Committee on Nature Conservation (KCNC), with support from the CBD Secretariat.

“The time has come to make sure that businesses include biodiversity and the natural environment as part of their decision making processes,” says Juan Marco Alvarez, Director of IUCN’s Economy and Environmental Governance Group and Head of IUCN’s Business and Biodiversity Programme. “We hope that the International Business and Ecosystems Dialogue will encourage businesses to make real commitments that will enhance the CBD’s objectives and also help achieve the new biodiversity targets.”

“The degradation of ecosystems and the services they provide destroys business value and limits future growth opportunities,” adds Björn Stigson, president of the WBCSD. “There is a need to account for the full value of ecosystems and their services in order to ensure their sustainable use.”

“It is time to recognize that biodiversity is an important foundation for a future sustainable society,” says Naotake Okubo, chairman of KCNC. “Determined to take its responsibilities, KCNC will launch its ‘Japan Business and Biodiversity Partnership’ during the International Business and Ecosystems Dialogue. This new multi-stakeholder initiative aims to broaden private sector engagement within the CBD and mainstream biodiversity conservation into Japanese business practices.”

Listen to IUCN’s Juan Marco Alvarez talk about the importance of businesses in delivering the post-2010 biodiversity targets:

For more information, please contact:
Nicki Chadwick, IUCN Media Relations Officer, e-mail: nicki.chadwick@iucn.org