{"id":3258,"date":"2024-07-23T10:32:23","date_gmt":"2024-07-23T10:32:23","guid":{"rendered":"https:\/\/sdgnews.com\/?p=3258"},"modified":"2024-07-23T10:32:26","modified_gmt":"2024-07-23T10:32:26","slug":"3-emerging-business-trends-leading-up-to-cop16","status":"publish","type":"post","link":"https:\/\/sdgnews.com\/es\/3-emerging-business-trends-leading-up-to-cop16\/","title":{"rendered":"3 Emerging Business Trends Leading Up to COP16"},"content":{"rendered":"\n<p><strong>A critical moment:<\/strong>&nbsp;The 16th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP16), to be held in Cali, Colombia from Oct. 21 to Nov. 1, represents a critical moment \u2014 and possibly a last best chance \u2014 in the effort to preserve biodiversity and reverse the destruction of natural ecosystems, writes Director of Nature Alex Novarro.<\/p>\n\n\n\n<p><strong>Private sector engagement:&nbsp;<\/strong>Many wonder whether the business community will show up in Colombia the same way it did in 2022 for COP15 in Montreal. All signs point to yes.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>On July 15\u00a0<a href=\"https:\/\/go.greenbiz.com\/MjExLU5KWS0xNjUAAAGUeY8IF2SMT2oLeA4NVA1ZB7ddowxnAr_I_VbNqi2pUA33IqTGEfF1688eTFhJw7dXdy0mKjI=\" target=\"_blank\" rel=\"noreferrer noopener\">more than 130 companies<\/a>\u00a0representing $1.1 trillion in revenue released a letter\u00a0<a href=\"https:\/\/go.greenbiz.com\/MjExLU5KWS0xNjUAAAGUeY8IFxiXhmM12rPGCKz5L3HIPLD_u-ScVxepPlPIQCm_yvA_GGkoFPwJvaZbtl4vSgKQ1JM=\" target=\"_blank\" rel=\"noreferrer noopener\">calling for COP16 negotiators<\/a>\u00a0to strengthen policies and regulations to drive corporate action on nature.<\/li>\n\n\n\n<li><a href=\"https:\/\/go.greenbiz.com\/MjExLU5KWS0xNjUAAAGUeY8IFyUm9pdwuxOzDL_5pCONxu_jaNuFwFTomi2PZo0ewRG9_XxM7f06s2O3JI_orpsps6w=\" target=\"_blank\" rel=\"noreferrer noopener\">Over 400 companies have adopted<\/a>\u00a0The Taskforce on Nature-Related Financial Disclosure (TNFD) reporting recommendations.<\/li>\n\n\n\n<li>Hundreds of financial institutions have endorsed investor initiatives, such as PRI Spring and Nature Action 100, to engage companies on nature.<\/li>\n<\/ul>\n\n\n\t\t<div data-elementor-type=\"page\" data-elementor-id=\"2169\" class=\"elementor elementor-2169\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1ad85f5 e-flex e-con-boxed e-con e-parent\" data-id=\"1ad85f5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c4c36b5 elementor-widget elementor-widget-heading\" data-id=\"c4c36b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h5 data-elementor-setting-key=\"title\" data-pen-placeholder=\"Type Here...\" style=\"font-family: joanna-nova, sans-serif;font-weight: 400;line-height: var( --e-global-typography-7044a64-line-height );font-size: var( --e-global-typography-7044a64-font-size );letter-spacing: normal;text-align: center\">Change the World - Subscribe Now<\/h5><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-392f45d elementor-widget__width-initial elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"392f45d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;button_width&quot;:&quot;50&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Newsletter Signup Footer\" aria-label=\"Newsletter Signup Footer\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"2169\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"392f45d\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"UN Global Compact SDG Investment Forum Wraps Up with Debut of Groundbreaking Sustainable Finance Report - SDG News\" \/>\n\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"queried_id\" value=\"4091\"\/>\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-50 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-xs  elementor-field-textual\" placeholder=\"Enter Email Address\" required=\"required\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-50 e-form__buttons\">\n\t\t\t\t\t<button class=\"elementor-button elementor-size-xs\" type=\"submit\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Subscribe<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\n\n\n<p><strong>Updated national strategies:&nbsp;<\/strong>COP16 is the voluntary deadline for governments to revise and update their National Biodiversity Strategies and Action Plans to achieve the goals of&nbsp;<a href=\"https:\/\/go.greenbiz.com\/MjExLU5KWS0xNjUAAAGUeY8IF0izj7S7I3vbFBTFYJHcIm8tu_n2P3mOwSN8Lqv84aRM9hHzulBwHTpFbA56Srbs3-4=\" target=\"_blank\" rel=\"noreferrer noopener\">The Biodiversity Plan<\/a>, the agreement that came out of COP15. The primary implementation mechanisms for national governments, these plans will also potentially formalize the role and responsibilities of non-state actors, including businesses.<\/p>\n\n\n\n<p><strong>A pivotal opportunity for nature finance:&nbsp;<\/strong>We are not nearly on track to bridge the $700 billion biodiversity finance gap by 2030, and recent negotiations have ended in disarray as countries disagreed on the path forward. Given the continued shortcomings of public sector finance, the private sector must play a critical role in mobilizing funds for ecosystem protection and restoration.<\/p>\n\n\n\n<p><a href=\"https:\/\/go.greenbiz.com\/MjExLU5KWS0xNjUAAAGUeY8IF-k4l66aMEFOUjhZMvPw3HHEyLP8E-RiLn73F-GOdHXJgBo7M2CsPU4deG0nLbwrCIU=\" target=\"_blank\" rel=\"noreferrer noopener\">Get more of Alex\u2019s analysis of key themes heading into COP16.<\/a>&nbsp;<a href=\"https:\/\/go.greenbiz.com\/MjExLU5KWS0xNjUAAAGUeY8IF9JNp9OTuKN_sfj4BRjCREggEmBjEUm3y_Atz9hv_nHJSG1ojvJmxE7EIE3StrzfAdU=\" target=\"_blank\" rel=\"noreferrer noopener\">And request an invitation to Bloom 24, our nature event in Cali alongside COP 16.<\/a><\/p>\n\n\n\n<p>RELATED ARTICLE: <a href=\"https:\/\/sdgnews.com\/biodiversity-investing-cultivating-wealth-while-safeguarding-nature\/\"><strong><span style=\"text-decoration: underline;\">Biodiversity Investing: Cultivating wealth while safeguarding nature<\/span><\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A critical moment:&nbsp;The 16th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP16), to be held in Cali, Colombia from Oct. 21 to Nov. 1, represents a critical moment \u2014 and possibly a last best chance \u2014 in the effort to preserve biodiversity and reverse the destruction of natural ecosystems, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[34,53,46],"tags":[368,367,61,66,60,67],"class_list":["post-3258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-and-energy","category-editors-pick","category-events","tag-convention-on-biological-diversity","tag-cop16","tag-sdg-news","tag-sdgs","tag-sustainable-development-goals","tag-un-sdgs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.4) - 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