TALKING POINTS THAT CAN BE USED TO REACH OUT TO MEPs
(Members of the European Parliament)
Businesses and investors require clarity on the long-term policy signals to enable
substantial investments in the transition to a truly sustainable and resilient economy.
These policy signals must also support the EU’s nature and climate ambitions and their
alignment with the Paris Climate Agreement and CBD COP15 Kunming-Montreal
Agreement on biodiversity, in order to create a level playing field for global companies.
The pace of nature loss globally and in Europe has become extremely damaging for the
sustainability and resilience of our economy and the risks are increasing. This is adding
stress on businesses and our economies which are already threatened by the increasing
impacted by climate change, especially for sectors such as agriculture, fisheries, food
processing, water supply, renewable energy and construction. In addition, extreme
weather conditions continue to impact productivity and increase operational costs.
Businesses across the EU understand the enormous risks from the twin climate and
nature crises. To date, over 2000 companies in the EU have committed to or have
already set science-based climate targets (SBTs), and they are collaborating closely with
the Science Based Targets Network to develop science- based nature targets. Currently,
more than 1,400 companies with revenues of over US$ 5 trillion have supported the
Business for Nature’s call on governments to adopt sound policies without delay to
reverse nature loss in this decade.
Nature restoration would support resilient business in Europe. Much of core businesses
in the food, construction, extraction and energy sectors fundamentally depend upon
healthy ecosystems and the services they provide. Continued degradation of nature
threatens our businesses through unforeseen and often unmanageable disruptions in
our supply chains, while extreme weather conditions continue to impact our productivity.
Foreseeable risks from floods and droughts threaten European businesses and society
Strong measures on protecting nature now can help avoid the threat of ecosystem
collapse in the future. Restoring nature is necessary and unavoidable in safeguarding
European businesses. Strong Nature restoration targets can help deliver a more
equitable, just and sustainable environment for European businesses to flourish.
Business welcomes ambitious measures to ensure resilience of our operations, supply
chains and productivity through strong nature restoration targets.
Business relies on healthy ecosystems to fuel prosperity in Europe. Nature restoration
can provide a range of economic opportunities, provide high quality jobs, and growth of
new sectors that can deepen economic cooperation. A robust nature restoration law can
provide businesses with opportunities to create new solutions to address climate, food
security and other fundamental issues important to European society while contributing
to shared prosperity in Europe.
The legal proposal for a Nature Restoration Law is an important opportunity to fill the gap
in the European Green Deal and align the EU’s nature ambitions with its climate
Nature restoration would play a key role in Europe’s climate adaptation as it will increase
our resilience to droughts, floods and other extreme weather events. The European
Commission’s impact assessment concludes that investing in nature restoration adds
between €8 to €38 in economic value for each €1 spent. Nature restoration would
contribute to the economy through bringing socio-economic benefits such as sustainable
jobs, recreation opportunities, and broader human health benefits.
Businesses are increasingly aware that in order to support the transition to a resilient
net-zero economy, they should invest both in mitigation and adaptation, as well as
making sure that ecosystems turn from a carbon source to a carbon sink while securing
an equitable, nature-positive future. In this regard, leading companies are ready to play
their part in harnessing natural climate solutions to cut emissions while also benefiting
nature by building resilient and biodiverse ecosystems for generations to come.
The Pilot Programme, launched in January. Stay tuned for updates!
The aims of the pilot programme are:
To assess the available frameworks, methods and tools to help Irish businesses understand their impacts and dependencies on nature and biodiversity
To help business understand what is happening within their value chain
To assist with the creation and implementation of meaningful biodiversity strategies
To support businesses in applying appropriate tools and methods
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