Huge Economic and Business Opportunities for Accelerating Action on Biodiversity Identified in two IPBES Reports
IPBES Transformative Change Assessment and IPBES Nexus Assessment were launched in Windhoek, Namibia, during the 11th plenary meeting of the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES).
According to two new IPBES reports, immediate action to address the biodiversity crisis could unlock massive business and innovation opportunities, generating $10 trillion and supporting 395 million jobs worldwide by 2030.
Conversely, delaying action on biodiversity targets by even a decade could double the cost of acting now, and delaying action on climate change adds at least $500 billion a year in additional costs.
The reports emphasise that we will not achieve a just and sustainable world in which all life can flourish without urgent and collective action to address interdependent global challenges such as biodiversity loss, water scarcity, food security, human health and climate change.
Edited by: YJ
Reviewed By: Maggie
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