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JGP Climate Biodiversity Report 2023
Following the TCFD and TNFD recommendations
Climate change is a threat to human wellbeing and the health of the planet, it presents a systemic risk to global economic structures across all industries and sectors. There is an urgent need to effectively invest in climate change adaptation and mitigation measures, setting the financial market as a key actor to enable innovative solutions.
The Global Risks Report 2024 from the World Economic Forum reveals that environmental risks constitute half of the top 10 risks anticipated over the next decade. The top three risks identified are extreme weather events, critical change to Earth’s systems, and the loss and collapse of biodiversity and ecosystems.
It highlights the importance and seriousness of climate and nature-related risks in the upcoming years, identifying them as the most crucial challenges on a global scale. These risks surpass geographical limitations, industry sectors, and value chains, necessitating an immediate and collaborative approach.
Real actions are needed to remediate this scenario and implement effective conservation strategies for our planet. As an important step to drive change, in 2022 was signed during the Convention on Biological Diversity (COP 15) the Kunming-Montreal Global Biodiversity Framework which established objectives for the conservation, restoration, and sustainable use of biodiversity and ecosystems by 2030.