COP16 will convene countries to implement the Global Biodiversity Framework as well as being an opportunity for the international community to make progress on its finance goals. It is hosted in Colombia, the second most biodiverse country in the world, and aims to be known as the "COP16 of the People," emphasizing inclusivity and broad participation. The motto, “Peace with Nature," serves as a profound call to action. It encourages us to reflect on and improve our relationship with the environment and urges us to rethink our economic model to avoid prioritizing extraction, overexploitation, and contamination of nature.
Biodiversity is essential to the economy. How can institutions mitigate environmental impacts via conscious investments and sustainable strategies, using TNFD, SBTN, GRI, CDP, and CSRD methodologies?
Healthy ecosystems are crucial for species survival, and sustainable development. Exploring biodiversity markets and credits for their effective role in ensuring project sustainability is essential.
24 October: South Pole Meet and Greet, Media Day, Dann Carlton Hotel.
24 - 25 October: Bloom24 - Accelerating Business Action at COP16
26 October: Latin American and the Caribbean Finance and Biodiversity Day: CBD COP16 Side Event
26 October: World Biodiversity Summit
29 October: Navigating Nature Positive: breaking down barriers for business, IUCN Pavillion
Agreed at COP15, the Protocol for Biodiversity, or Kunming-Montréal Global Biodiversity Framework states four goals to be achieved by 2050, and 21 targets for 2030, for both public and private sectors to contribute.
The Global Biodiversity Framework addresses biodiversity protection and restoration comprehensively. In its four goals and 21 targets, it calls for public and private sector action to address biodiversity threats, meeting people's needs through sustainable use and benefit-sharing, and tools and solutions for implementation and mainstreaming.
Private sector actors are specifically called to action for corporate disclosure and financial contributions to the the $200 billion goal in targets 15 and 19. This is instrumental in uniting the global community for meaningful action on nature's preservation and restoration.
