What is Nature Positive?

In the urgent battle against climate change, we’re advocating for a valuable, often overlooked asset: nature.

Nature Positive is a global goal to immediately halt and reverse nature loss by 2030. It includes a view to full recovery of nature by 2050, where thriving ecosystems continue to support people and future generations and play a critical role in tackling the climate crisis.

Sustainable ecosystem management, regenerative agriculture and other Nature-based Solutions, support livelihoods and could create over 390 million jobs by 2030. Investing in nature enhances climate resilience and adaptation to climate change and also holds the potential to provide one-third of the emissions reductions needed to limit global warming to 1.5 degrees Celsius.

The Ask

We urge all non-party stakeholders (NPS) – which include businesses, cities, financial institutions, and regions – to:

1. Integrate nature in their climate transition plans in line with the nature leadership practices of Race to Zero, contributing to the Sharm el Sheikh Adaptation Agenda and the 2030 breakthroughs.

2. Increase investment in nature-based solutions (NBS), helping to close the annual $484 billion  funding gap required for these solutions by 2030.

We urge businesses to:

3. Set science-based targets for climate (e.g. SBTi FLAG) and nature  (SBTN land use and water targets), and disclose progress against these targets annually and transparently as part of efforts to Assess, Commit, Transform and Disclose.

We urge cities to set:

4. Set science-based targets for climate (SBTi) and look to set SBTN targets for land-use and freshwater, once guidance is available.

We urge businesses and financial institutions to:

5. Adopt the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and the Task Force on Nature-related Financial Disclosures (TNFD) for transparent risk and impact assessment.

We urge financial institutions to:

6. Address commodity-driven deforestation, land conversion, and associated human rights abuses in line with the Accountability Framework Initiative endorsed-Finance Sector Roadmap and join the Financial Sector Deforestation Action initiative (FSDA)

The Why

In 2023, businesses and investors are better equipped than ever before to accelerate emissions reductions, enhance adaptation, and reverse nature  loss. Significant developments, such as the historic Kunming-Montreal Global Biodiversity Framework, the launch of the Science Based Targets Network, and the introduction of the Nature Action 100 initiative, have made it feasible and beneficial for the private sector to embrace a nature-positive for climate action approach.

Investing in nature is  vital for tackling climate change, protecting supply chains and reducing climate risks to all businesses. Nature loss puts over half of global GDP at moderate or high risk. Therefore, by adopting a nature-positive for climate action approach , we can ensure sustainable development, secure livelihoods, and effectively fight climate change.

The Who

Championing nature-positive finance: 5 Financial Institutions prioritizing biodiversity

This International Day for Biological Diversity, Race to Zero members — Aviva Investors, Schroders and Robeco – demonstrate their commitment to paving the way for a net zero nature-positive future.

READ MORE
Aviva’s biodiversity efforts continue with £38m pledge to restore lost UK rainforests

How Race to Zero member, Aviva, uses campaign criteria, the 5Ps, to support the transition to a low carbon economy and address deforestation and biodiversity loss.

READ MORE
Schroders: Steering finance towards a net zero, nature-positive future

Discover how Race to Zero member, Schroders is aligning investments with nature, committing to net zero emissions, supporting biodiversity, and promoting sustainable practices in their investment decisions and operations.

READ MORE

Showcase Leadership on Nature

Submit a Case Study
Find out more