Over half the world's GDP — approximately $44 trillion – is currently exposed to financial risks associated with biodiversity loss. While it has long been known that resilient economies and healthy societies rely on nature, the Covid-19 global pandemic has made this reality even more evident.

This is why WSP has joined Business for Nature’s “Call to Action” that encourages governments to adopt ambitious policies that reverse biodiversity loss before 2030.  Business for Nature is a global coalition of leading organizations and forward-thinking businesses that was created in response to the real and significant risks posed by global biodiversity loss. The “Call to Action” sends a unified message: in order to reverse biodiversity loss, leadership and cooperation from both the private and public sector is needed, now more than ever. To date, 560 global companies, with combined revenues of $4 trillion, have joined the coalition.

Supporting the UN Decade on Ecosystem Restoration

The United Nations (UN) recently declared 2021–2030 as the UN Decade on Ecosystem Restoration. This will be high on the agenda at the 75th session of the UN General Assembly, where, on 30 September 2020, the UN Summit on Biodiversity will convene under the theme of “Urgent action on biodiversity for sustainable development”.

Global companies have an important role to play in helping to achieve this, especially by contributing to the UN’s Sustainable Development Goals (SDGs), all of which are underpinned by biodiversity; without a healthy biosphere, meeting sustainable societal and economic goals would not be possible. WSP’s 2019 Global Sustainability Report details our commitment to several of the SDGs.

By joining the Call to Action, we are sending a message that thriving communities and resilient economies rely on healthy ecosystems and are underpinned by biodiversity
André-Martin Bouchard Global Director for Environment & Resources and Global Sustainability Sponsor, WSP

Biodiversity targets and ecosystem restoration needs to be more ambitious

WSP are helping to create places that benefit nature and society. We are working with clients to assess the biodiversity impacts of development, advocating for the benefits of bringing nature into cities, preserving wildlife habitat and improving climate resilience through ecosystem restoration  and see the protection of nature as an integral part of any net zero strategy.

 

While WSP and many of its clients have set goals to minimize biodiversity impacts, to restore ecosystems there is a need for more ambitious targets and partnerships between the public and private sector.

Sending a message to government

“By joining the Call to Action, we are sending a message that thriving communities and resilient economies rely on healthy ecosystems and are underpinned by biodiversity,” says André-Martin Bouchard, WSP Global Director for Environment & Resources and Global Sustainability Sponsor. “That is why we are proudly putting our voice behind this initiative. We want to send the message that nature is vital for all of us. Companies like WSP, together with many of its clients and peers in both the public and private sector, have a big role to play in helping reverse biodiversity loss this decade. Alongside tackling climate change, restoring biodiversity is one of the most important challenges we face.” 

Together we can help protect and restore our global ecosystems -- because nature is everyone’s business.

For more information contact André-Martin Bouchard