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  • Advocacy, Amazon, Biodiversity and Biotechnology

CEBDS launches Action for Nature Platform at COP15

  • Posted in 15/12/2022

Seeking to defend the direction of investments towards solutions that generate a positive impact on nature and encourage innovative projects, the Brazilian Business Council for Sustainable Development (CEBDS) launched this Thursday (15), at the Biodiversity COP, which takes place in Montreal, Canada, the Nature Action Platform program.

The initiative is a movement by the Brazilian private sector that seeks to understand, protect and manage its dependence on and impacts on biodiversity through the collective implementation of new structures, goals and international legislation. Among the companies that have already confirmed their participation are Bracell, Natura, Petrobras, Lojas Renner SA and Vale, but the program remains open to new interested companies. The platform is a partnership with the WBCSD (World Business Council for Sustainable Development), the TNFD (Taskforce on Nature-related Financial Disclosures) and the Nature Climate Alliance.

“The initiative represents an opportunity for members to take a leading role in protecting and managing ecosystems vital to their operations, offering a platform to drive actions with government, companies and civil society, including the development of science-based goals, guidance for companies for actions with a positive, consistent and reliable impact in relation to nature”, says the executive director of CEBDS, Ricardo Mastroti.

The platform also foresees a collective action pilot to accelerate investments in the voluntary carbon market with the development of an unprecedented map that shows the quality and integrity of Natural Climate Solutions, a partnership with WBCDS, Future Carbon Group, Biofílica Ambipar Environment , IPAM, re.green, and others.

Among the expected results are, in addition to the map, the training of companies to invest in the voluntary market and leverage Nature-Based Solutions with carbon sequestration capacity in the region. “We have a robust portfolio, with more than twenty high-quality nature-based climate solution projects in the REDD+ modality in the Amazon biome. Participating in valuable exchanges with the CEBDS group and the WBCSD international community will enhance our expertise in advising companies with Net zero and Nature positive strategies based on natural climate solutions”, highlights Cinthia Caetano, Corporate VP at Future Carbon Group.

When it comes to Brazil's positioning in the field of international relations, a positive performance in terms of biodiversity has repercussions on the country's environmental image abroad and also on the economic sustainability of sectors such as agriculture and industry – highly dependent on natural resources – in addition to impact future prospects for investments and the access of Brazilian products to foreign markets. “The current global scenario of predatory exploitation puts at risk activities such as food production, research into new medicines and cosmetics, recharging drinking water sources, scientific and genetic innovation and the supply of raw materials for activities commercial and industrial”, says Henrique Luz, technical manager at CEBDS.

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