ABSTRACT
Destructive business practices and an economic and financial system that prioritizes efficiency have in part been responsible for intense degradation of nature and the extinction of many species. Businesses depend on a healthy planet to provide a stable operating environment, customers and workforces, and the natural resources necessary for production – food, fibre, water, minerals, building materials and more. Losing nature means losing these services, creating extra costs and vulnerability for businesses. The impacts of nature loss are already becoming more than just financial projections and are showing up on business balance sheets. The Business for Nature coalition launched in July 2019 to champion radical collaboration to unite the vast network of business initiatives for nature, with the goal of demonstrating credible business leadership on nature and amplifying a powerful leading business voice calling for governments to adopt policies now to reverse nature loss in this decade.
