Will the COP15 biodiversity conference push business to account for its damage to nature?

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Will the COP15 biodiversity conference push business to account for its damage to nature?
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Like the rallying cry of ‘net zero’ for the climate movement, ‘nature positive’ aims to ensure there is more nature on the planet by 2030 than 2020

When farmers use fertilisers to help grow food, the excess nutrients they contain can run off into nearby rivers and lakes, contaminating freshwater supplies and harming biodiversity.

“It’s difficult, because we are selling less with more effort, you could say,” she explained in an interview at the COP15 UN summit in Montreal, where governments are entering the final days of talks on a new global pact to protect nature. Like the rallying cry of “net zero” for the climate movement, which aims to ensure no more greenhouse gases are emitted than can be absorbed by ecosystems and other means by the second half of this century, “nature positive” aims to ensure there is more nature on the planet by 2030 than 2020.

She said “nature positive” opens the door to companies to keep on destroying nature as long as they offset the damage through expanding biodiversity elsewhere.Mark Gough, CEO of the Capitals Coalition, a nonprofit that is promoting the nature-positive concept, said it is “not about offsetting” but “halting and reversing biodiversity loss” – and can serve as a “north star”.

Around 400 large companies have signed up to a campaign to “Make It Mandatory”, including Yara, bank BNP Paribas and pharmaceuticals firm GSK. “This will really help to align financial flows with the goals and the targets of the global biodiversity framework,” said Sanne Kruid, a senior policy officer at the Dutch infrastructure and water management ministry.

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