Scientists worldwide are warning that unless businesses preserve and repair the natural world, they run the risk of going extinct themselves. A significant new paper outlines how businesses might change from destructive to nature-restoring practices. It coincides with serious worries about the destruction of wildlife in the UK.
150 governments have approved the assessment, which was created by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (Ipbes) and is based on input from top scientists.
According to co-author Matt Jones of the UN World Conservation Monitoring Centre in Cambridge, companies have the option of setting the standard or “ultimately risk extinction… both of species in nature, but potentially also their own.” Ipbes discovered that all enterprises, even those that appear to be located distant from nature, depend on the free services that nature offers, such as fertile soils and pure water.
One of the biggest risks to business, according to co-chair Professor Stephen Polasky, is biodiversity loss, “but the twisted reality is that it often seems more profitable to businesses to degrade biodiversity than to protect it.
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