- The nature loss and climate change crises are fundamentally interlinked.
- Hundreds of companies are committed to reducing their emissions.
- Today, a growing number of firms want to broaden this to reduce their impact on the natural world.
- The Science Based Targets Network aims to help firms facilitate these changes.
- Instead of being seen as pressure points for the environment, cities could be planned as innovation hubs
- National governments must lead the move towards inclusive and sustainable cities, through initiatives such as carbon pricing and tax policies
We are in the age of urbanization. For the first time in human history, over half the world’s population now lives in cities; within a generation, urban areas will be the dominant drivers of global consumer demand and natural resource use.
Business and governments cooperating and working together will build a prosperous, green economy
The 2020s must be the climate decade. We need rapidly to identify what every government and every business can do to help us get to zero-carbon.
- The circular economy could be a $4.5 trillion business opportunity.
- Only 9% of the global economy is circular at present.
- The Platform for Accelerating the Circular Economy is helping to speed this transition.
Watch interviews with the GEF’s government partners, agency representatives, civil society leaders, and in-house specialists on climate change, cities, oceans, biodiversity, illegal wildlife trade, and more, recorded on the sidelines of the 57th GEF Council meetings in December 2019:
Naoko Ishii, CEO and Chairperson, GEF
At the COP25 climate conference in Madrid, the GEF partnered with the Green Climate Fund to showcase the many ways developing country governments are working to raise and realize their climate ambitions. Events held at the joint GCF + GEF Pavilion highlighted examples of where climate change action is bearing fruit, where it can be scaled up, and where more work must be done, especially in the least developed countries. Read more from the front lines of climate action:
As governments, intergovernmental organizations, businesses, and civil society organizations gather in Madrid for the latest UN Climate Summit, we are reminded of the importance of partnerships to meaningfully address the challenges of a warming planet.
In response to growing public demand, policymakers and business leaders are increasingly uniting around shared commitments to reduce planet-warming greenhouse-gas emissions. But while phasing out fossil fuels is necessary, ensuring humanity's long-term survival will also require far-reaching protections for the Earth's natural systems.
The private sector must begin preparing for climate change and the ensuing disruption to operations and services with new approaches
The future success of the private sector may not only depend on how successfully it can mitigate, but also on how it can adapt to climate change. Extreme weather events are already causing havoc to operations, supply chains and commerce all over the world.
Illegal logging, fishing and wildlife trade rob the world of precious natural resources – and ultimately of development benefits and livelihoods. The statistics are grim: an elephant is poached for its tusks about every 30 minutes, an African rhino for its horn every 8 hours, one in five fish is caught illegally, and in certain countries, particularly in Africa and South America, 50% to 90% of timber is harvested and traded illegally. As much as 35% of the value of all illegal trade is estimated to come from rosewood.