31 Jul, 2020
Biodiversity is the backbone of businesses. They depend on plant and animal products, and ecosystem services for production processes. Healthy ecosystems are necessary to provide natural resources , process waste, maintain soil, air and water quality, and help regulate temperature. Therefore, businesses are one of the leading stakeholders in conserving biodiversity, halting and reversing nature loss. In addition to managing risks to business operations from the negative impacts on biodiversity, many businesses are actively pursuing biodiversity conservation as a way to ensure long-term business sustainability. Measures for conservation and sustainable use of biodiversity can be widely adopted by more businesses through a system of sharing best practices. Further, businesses will communicate to their key stakeholders like investors, partners and consumers about the positive impacts of biodiversity conservation and influence government policies to promote incentives like biodiversity positive labelling.
GIZ in collaboration with CII and WWF India organised a series of consultations in July 2020 on Post 2020 Global Biodiversity Framework to engage Indian businesses to identify commitments to strengthen the framework and provide feedback on the same.
About 300 participants, including those from leading national and global Indian businesses from various sectors attended the consultations. Key business representatives from the leading SMEs from Spice, Ayurveda and Cosmetic sectors were also present. Other participants included stakeholders from research and developmental organisations, and the government. Leading up to this consultation, two key regional consultations at Mumbai and Kochi were organised prior to the onset of COVID-19. Considering the pandemic situation online consultations including two national level webinars ((i) Business & Nautre: Action Agenda for Next Decade and (ii) Working in Harmony with Nature) ) and four virtual sessions (Business Consultations on Post 2020 Global Biodiversity Framework and Business Opportunities) were organised.
The global PBAB project promotes promising methods and instruments for biodiversity-friendly production and commercialisation. It tests and enhances them and systematises the experience gained in a way that enables both private and public actors to use them. In India, the project addresses spice cultivation in the Western Ghats, a mountain range in southern India that is known for its great biodiversity. The PBAB project is commissioned by the German Federal Ministry for the Environment, Nature Conservation, and Nuclear Safety (BMU) and implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). It is part of the International Climate Initiative (IKI). Read More
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