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Group calls for action to stop nature loss

Tan KW
Publish date: Wed, 17 Jul 2024, 08:16 AM
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LONDON: More than 100 companies, including Unilever, L’Occitane and Iberdrola, have called on governments to enact tougher policies to reach a United Nations goal on halting nature loss by the end of the decade.

With more than one million species on the brink of extinction, the world agreed to a landmark deal in 2022 to protect biodiversity, including a pledge to protect 30% of the world’s natural ecosystems.

Countries will convene at the 2024 United Nations Biodiversity Conference biodiversity summit in October in Colombia to work out the details of implementing the pledge.

In a letter ahead of the talks, 132 companies with combined revenues of US$1.1 trillion demanded stronger action.

Other companies that signed the call for action - on measures ranging from subsidy reform to water use and farming practices - include mining company Teck Resources, food group Danone, energy firm RWE and cement maker Holcim.

 - Reuters

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