The loss of biodiversity is accelerating globally, and there is growing recognition that both halting and reversing this loss requires action from all of society, in addition to governments, civil society organisations, Indigenous peoples, local communities and the private sector.
The Kunming-Montreal Global Biodiversity Framework (GBF), adopted in 2022 at the 15th Conference of the Parties (COP15) to the Convention on Biological Diversity (CBD), is a framework for all actors, a global plan for the whole of government and the whole of society. While Target 15 of the GBF specifically calls on businesses to assess, disclose and reduce biodiversity-related risks and negative impacts, another target is attracting significant attention for its potential to create new opportunities for non-state actors, especially businesses, to contribute directly to biodiversity conservation.
