Corporate Biodiversity Management For Sustainable Growth

This book aims to cover the multitude of corporate approaches towards mainstreaming biodiversity conservation and ecological management in policies and action plans, and explores the roles of these efforts in achieving national and global targets for the Sustainable Development Goals (SDGs). The book addresses various aspects of corporate actions such as corporate environmental responsibility, green businesses, market-based approaches to biodiversity conservation, and biodiversity trade-offs, and includes concept papers, reviews, and case studies presenting qualitative and quantitative research. Additionally, the text compares and assesses examples of positive and negative impacts of corporate involvement in biodiversity conservation in developed and developing countries to identify innovative approaches, and the best practices and models that can be replicated in diverse environmental conditions. The studies included in the book will help those working in the field of corporate involvement in biodiversity conservation, and outline the strengths and weaknesses of the approaches which will be useful for designing new environmental management action plans in the face of climate change. The book will also be of great value to researchers, academicians, policy makers, civil society groups, policy think tanks, and conservation managers.

Divided into three sections, this book explores the three main pillars of sustainable development, namely economy, environment and society, and their interlinkages at the regional level. The first section, Access and Benefit Sharing (ABS) for sustainable development, focuses on international agreements and national legislation, as well as the challenges in implementing ABS in e.g. India. In turn, the second section examines the process of forming Biodiversity Management Committees (BMCs) at the Local Self Government (LSG) level to promote environmental sustainability, highlighting local and community-level conservation initiatives that have led to the conservation of habitats and species. The third section addresses poverty eradication and food security. The case studies included demonstrate how the combination of traditional knowledge and modern techniques can enhance the productivity of traditional crop varieties, yielding greater benefits for communities. The aim of this volume is to disseminate the lessons learned from these case studies, as well as the findings from projects already in place, which can offer recommendations that can be applied to similar problems elsewhere in an attempt to find environmental solutions for sustainable development. Further, it introduces readers to new approaches to inclusive development, demonstrating that participation and grass root empowerment are key drivers of equitable and sustainable development.

This book seeks to demonstrate how ‘SDG15 - Life on Land’ can be implemented through effective biodiversity management, mainstreaming strategies and proposing solutions to achieve the goals.

This book is a product of the TEEB study (The Economics of Ecosystems and Biodiversity). It provides important evidence of growing corporate concern about biodiversity loss and offers examples of how leading companies are taking action to conserve biodiversity and to restore ecosystems. This book reviews indicators and drivers of biodiversity loss and ecosystem decline, and shows how these present both risks and opportunities to all businesses. It examines the changing preferences of consumers for nature-friendly products and services, and offers examples of how companies are responding. The book also describes recent initiatives to enable businesses to measure, value and report their impacts and dependencies on biodiversity and ecosystem services. The authors review a range of practical tools to manage biodiversity risks in business, with examples of how companies are using these tools to reduce costs, protect their brands and deliver real business value. The book also explores the emergence of new business models that deliver biodiversity benefits and ecosystem services on a commercial basis, the policy enabling frameworks needed to stimulate investment and entrepreneurship to realize such opportunities, and the obstacles that must be overcome. The book further examines how businesses can align their actions in relation to biodiversity and ecosystem services with other corporate responsibility initiatives, including community engagement and poverty reduction. Finally, the book concludes with a summary and recommendations for action.

Publisher Description

This guide explains how and why business should be involved in the biodiversity debate. It explains the main principles of the Convention on Biological Diversity and describes some of the Convention's potential implications. It also examines the many links between biodiversity and the private sector and highlights the need for a new, more rational approach to the manner in which biological resources are used and managed.

The challenge of building biodiversity business is not trivial. Biodiversity is still largely neglected by private finance. There is a need to develop new business models and market mechanisms for biodiversity conservation, and to persuade the public and policymakers that biodiversity (or component ecosystem services) can be conserved on a commercial basis. Based on extensive consultation and analysis, the authors of this new report conclude that there are numerous pro-biodiversity business opportunities that can generate positive financial returns as well as real biodiversity benefits.