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COP15 could be a historic moment - the largest meeting on biodiversity in a generation - and a once-in-a-decade opportunity for the world’s governments to agree a global agreement for nature, similar in significance to the Paris Agreement on climate change.
196 countries are working through the Convention on Biological Diversity (CBD) to agree a Global Biodiversity Framework (GBF), which should commit to halting and reversing biodiversity loss by 2030. Non-state actors must play a critical role in protecting and restoring nature.
At COP15, governments must make nature-related disclosure mandatory
Climate disclosure has become a business norm. As of 2022, it has become or is soon to be mandatory in most major economies. Yet it is clear that nature-related disclosure is not happening at the speed and scale that is required to halt and reverse nature loss and limit global warming in line with the goals of the Paris Agreement.
At COP15, CDP is asking Parties to agree a strong and ambitious Global Biodiversity Framework (GBF) Target 15 which would commit governments to mandate assessment and disclosure on corporate environmental impacts and dependencies.
CDP Events at COP15
Saturday, 10 December, 18:15 - 19:45 EST, Contact Group 6, 516 DE
Official CDB side event: Practical business’ experiences in integrating nature values in decision-making
This event, run by CDP, Capitals Coalition and Business for Nature, aim to show how the business and finance community are ready to implement an ambitious Target 15 successfully by demonstrating the current use of frameworks, tools, and metrics to assess and disclose impacts and dependencies on nature and what is needed from governments to scale up these practices. Refreshments and food will be provided.
Monday, 12 December, 14:30 - 16:00 EST, Biodiversity & Business Forum, Palais des Congrès, Montréal
Measuring Ambition: Valuing nature in decision-making
This event, organised with Business for Nature and Capitals Coalition, This session will aim to explore how the business and finance community can work with governments to implement an ambitious Target 15 successfully. It will focus on the role of standards and frameworks in supporting business and finance in integrating the values of biodiversity into decision-making.
Resources
CDP's work with water security motivates companies to disclose and reduce their environmental impacts by using the power of investors and customers. The data CDP collects helps influential decision makers to reduce risk, capitalize on opportunities and drive action towards a more sustainable world.
CDP's forests questionnaire provides a framework of action for companies to measure and manage forest-related risks and opportunities, transparently report on progress, and commit to proactive action for the restoration of forests and ecosystems.
CDP's 2025 strategy outlines how we will respond to the interlinked crises in climate and nature. Working with a broader spectrum of stakeholders, we will widen our scope to cover more environmental issues, and increase our focus on targets, plans; and performance against them.