This DLD Nature session is all about integrating biodiversity into business strategies. Watch the video to get insights from four different business experts:
Tobias Raffel (Biodiversity Bridge) emphasizes the need to shift from the traditional narrative of biodiversity to viewing nature as a crucial business supplier. He uses the “4R” framework – Regulation, Reputation, Resilience and Return – to illustrate how companies can build business cases around biodiversity.
Heba Aguib (BMW Foundation) highlights the interconnectedness of nature, human well-being and economic prosperity. She stresses the importance of embedding environmental and societal considerations into business models, citing examples like the pharmaceutical industry’s reliance on plant-based products for cancer drugs.
Korbinian Kantenwein (Nature Wealth Foundation) discusses the need for strong standards and metrics to guide business actions towards biodiversity. He emphasizes the importance of connecting business narratives to global biodiversity hotspots and involving local communities in value creation.
David Diallo (goodcarbon) calls for a collaborative approach to drive business change for biodiversity. He emphasizes that no company or individual can move the needle alone and suggests combining the climate agenda with the nature agenda through nature-based carbon credits.