Nearly 190 countries agreed to halt and reverse nature and biodiversity loss at COP15 in Montreal. However, a new study published in the Royal Society journal, Proceedings B, has revealed that we may be further down the line towards biodiversity loss than previously thought. Here are five trends that we can expect to see in 2023 to accelerate the protection, management and restoration of nature:
- Integrated approaches to stopping deforestation will increase
- Pace, scale, and quality will increase in forest restoration
- Biodiversity credits will increasingly finance the nature-positive agenda
- The power of urban environments to restore nature and improve public health will be unlocked
- Indigenous knowledge will better guide conservation and restoration
The private sector’s role in this global movement will be discussed at the World Economic Forum’s Annual Meeting in Davos, and business must have an in-depth understanding of biodiversity trends and its role for action in nature. As the world shifts towards achieving the targets agreed in Montreal, we will see key trends that will quicken the protection, management, and restoration of nature.
Biodiversity refers to the variety of living organisms on Earth, including the diversity within and between species, and the diversity of ecosystems. It encompasses the variety of genetic, species, and ecosystem diversity that exists within a given area or across the entire planet. Biodiversity is essential for maintaining the balance of ecosystems and for providing ecosystem services such as clean air and water, pollination, and climate regulation. However, biodiversity is under threat from various factors such as habitat loss, climate change, pollution, and overexploitation of resources.
