Thursday, January 23, 2025

Can business bridge the yawning gap in finance for nature?

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In stark contrast to COP27 in Sharm el-Sheik, heads of state stayed away from the COP15 biodiversity talks in Montreal in December, leaving it to ministers to try to reach agreement on a new Global Biodiversity Framework.

The same lack of high-level engagement cannot be said for business leaders. Although nowhere near the numbers who flocked to Egypt in November, 700 top executives from companies and financial institutions are thought to have travelled to Montreal to participate in events on the sidelines of the talks. 

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