WWF France proposes a roadmap for private sector actors following COP 15 decisions on biodiversity

This webinar was aimed at companies. After a reminder of the main objectives decided at the COP 15 for the 2030 and 2050 horizons to stop the loss of biodiversity and the actions proposed to achieve them, the webinar aimed to provide recommendations to companies.

The agreement adopted at COP 15 set four major objectives for 2050:

Conservation of natural areas
Sustainable use and management
Access and benefit sharing
Financing and implementation

This agreement also defined a "mission" for 2030: to halt and reverse the trend of biodiversity loss. To achieve this, 23 "targets" were identified, including land use planning, restoration of natural areas, wildlife trade, climate change, sustainable use and consumption, ecosystem services, businesses, and financing mechanisms.

Highlighting the strong mobilization of the private sector in Montreal, WWF then provided several tips for businesses to help them capitalize on the decisions of COP 15.

WWF encourages companies to assess their biodiversity footprint, and to implement transformations and plans based on the findings of these assessments to improve their CSR strategy by specifically targeting biodiversity ("assess and commit").
Companies were also advised to implement a global strategy at the company level, while developing plans at specific scales to be included in purchasing policies with suppliers. In short, to think of other modes of production and new business models and to work on the implementation of a zero deforestation and zero conversion value chain.
Finally, companies can help to act on biodiversity by financing restoration projects in the field and by complying with changes in regulatory frameworks thanks to new tools such as the CSRD (Corporate Sustainability Reporting Directive). By positioning themselves as "business advocates", private sector actors can act to support ambitious policies related to biodiversity conservation.

As a transversal association of the tropical forestry and wood industry, including private sector actors, the ATIBT should be a pillar to support and encourage companies in these approaches. The reflections around the biodiversity certificates and the recent membership of the ATIBT to the OBC (Organisation for Biodiversity Certificates) are part of this line.

For more details on the webinar and on the roadmap proposed by WWF France for the private sector:

Download the WWF presentation

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