The natural world is in crisis: We are losing biodiversity – the very fabric of life – at an alarming rate. Investors would do a poor job if they did not seek to preserve the fabric that is at the heart of building the future that people want and need.
Biodiversity is an essential ingredient to achieving the United Nations’ Sustainable Development Goals related to tackling poverty and hunger, preserving health and the climate, and enabling life in the cities and on the land. As such, it is of considerable value to economies, markets and investors.
Towards a global framework
Work on a new global biodiversity framework will be the focus on the 11-15 October UN Biodiversity Conference (COP15).[1] It seeks to halt the loss of species and genetic diversity and the damage to ecosystems that are key to the well-being of humanity for generations to come.
The draft framework includes targets for 2030 such as conserving at least 30% of land and sea areas globally; reducing by 50% the rate of introduction of invasive alien species; reducing nutrients lost to the environment by at least half, and pesticides by at least two thirds, and eliminating plastic waste. It also seeks to address incentives that are harmful to biodiversity by at least USD 500 billion a year.[2]
The BNPP AM approach
Here is an infographic with the approach of BNP Paribas Asset Management to being a sustainable and responsible investor, as laid out in our roadmap for providing long-term sustainable returns – our Global Sustainability Strategy– and our biodiversity roadmap entitled Sustainable by nature.
[1] More at https://www.cbd.int/article/new-dates-cop15-virtual-2021-facetoface-2022
[2] Source: New Global Biodiversity Agreement: China to Host a Two-Part Summit on Nature https://www.cbd.int/doc/press/2021/pr-2021-08-18-cop15-en.pdf
