UPDATE 17. July 2020: They Want to Kill Six Billion of Us - Here's How They'll Do It (video)
PROLOGUE: A totalitarian New Wold Order is pushed ahead in big leaps, carried by the World Economic Forum (WEF), the United Nations (UN) organization and China (CCP) at the core. RESIST !
New Nature Economy Report II: The Future of Nature and Business
By WEF - 14. July 2020
The Future of Nature and Business, the second of three reports in the World Economic Forum’s New Nature Economy series, provides the practical insights needed to take leadership in shifting towards a much needed nature-positive economy.
As the world prepares to recover from the COVID-19 pandemic and resulting crisis, we are presented with an unprecedented clarion call, and opportunity, to change the way we eat, live, grow, build and power our lives to achieve a carbon-neutral, ‘nature-positive’ economy and halt biodiversity loss by 2030. Business as usual is no longer an option.
The report highlights the need for a fundamental transformation across three socio-economic systems, which represent over a third of the global economy and provide up to two-thirds of all jobs.
These systems are: food, land and ocean use; infrastructure and the built environment; and extractives and energy. Together they drive the threats which endanger almost 80% of the total threatened and near-threatened species. These systems, therefore, have a significant opportunity and responsibility to reverse nature loss. But they also have tremendous upside benefits to gain by embracing this transformation now.
The Future of Nature and Business sets out how 15 transitions across the three systems can form the blueprint of action for nature-positive transitions which could generate up to US$10.1 trillion in annual business value and create 395 million jobs by 2030.
The report has been prepared in collaboration with AlphaBeta. Its findings inform the working priorities of the Champions for Nature, a community of leaders disrupting business-as-usual to lead the way to a nature-positive global economy, as well as a Policy Companion report which sets out how governments can ensure nature is integrated into economies as part of a Great Reset, in a way that delivers high-quality jobs and new sources of economic value, while preserving the natural capital needed for public health and societal resilience.
A blueprint for business to transition to a nature-positive future
A new report provides 15 business transitions that can halt nature loss by 2030. Image: World Economic Forum
The average person today is 4.4 times richer and lives 25 years longer than in 1950.
The Great Acceleration, however, has been brought to a screeching halt by the COVID-19 pandemic.
It is clear that our economic and social structures are untenable without resilient nature. Scientists have warned that important biomes such as the Amazon are fast approaching the cusp of irreversible tipping points. Business-as-usual is no longer an option.
The disruption presents a chance to build a better future – to launch a Great Reset.
The World Economic Forum’s New Nature Economy Reports provide pathways for business to play a key role in the transition to a nature-positive economy. The second report, The Future of Nature and Business, shows how 15 strategic transitions can halt nature loss by 2030.
Here’s what business needs to know about the report and how to support the transition.
There is no future for business-as-usual.
As a result of COVID-19, more than half a million people have died worldwide, 305 million full-time jobs (and counting) are at risk and the IMF projects global growth to contract by 4.9% in 2020. With some of the world’s biggest economies still battling the pandemic, the outlook remains uncertain.
But the crisis and our response make two things crystal clear: we must urgently move away from business-as-usual, and we can do so with the speed required.
The need to move away from business-as-usual was evident even before the pandemic. May 2020 set new records for both temperature and CO2 concentrations. The 2019 IPBES report revealed that we are driving 1 million species towards extinction. Nature Risk Rising highlighted that $44 trillion – more than half of the global GDP – is at risk due to business’s dependence on nature.
The pandemic is an unprecedented clarion call – and opportunity – to fundamentally change how we live, eat, grow, work, build and power our lives.
Tackling climate change is critical but not enough.
Combating climate change is vital but will not be sufficient to halt the nature crisis.
Climate change is currently responsible for 11-16% of biodiversity loss, a proportion expected to rise. But the remaining 85% is caused by other drivers – the most significant being land, sea and ocean use conversion.
To prevent a collapse of the Earth systems upon which all economies depend, governments, businesses and citizens must tackle all major drivers of biodiversity loss, and collectively evaluate and optimise land use, especially for agriculture and urbanisation.
Transforming three systems can transform our world.
Addressing the nature crisis requires a critical shift in three key socio-economic systems: food, land and ocean use; infrastructure and the built environment; and extractives and energy.
Together, these systems endanger almost 80% of the threatened and near-threatened species on the IUCN Red List. They also represent more than one-third of the global economy, generate up to two-thirds of all jobs and contribute the most in terms of business opportunity and profitability. Transforming these three systems would transform our world.
This transformation is essential. The global food, land and ocean use system represents around $10 trillion (12%) of global GDP, but the hidden costs of inefficient operation total $12 trillion. Animal products provide only 18% of calories but account for more than 80% of farmland and 58% of food-related GHG emissions. More than 80% of wastewater is discharged untreated into watercourses. And almost half of all large mines are located in biodiversity-rich forests; nickel mining alone has caused 10% of deforestation in the Amazon since 2000.
15 transitions to halt nature loss by 2030
Fifteen systemic transitions could generate up to $10.1 trillion in business value and 395 million jobs by 2030. This pragmatic action agenda could pave the way to a nature-positive global economy more resilient to future shocks.
15 transitions could pave the way to a nature-positive global economy. Image: World Economic Forum
Transforming the food, land and ocean use system has the potential to create business opportunities worth almost $3.6 trillion and 191 million new jobs over the next 10 years. For example, if regenerative ocean farming was practiced across 5% of US waters, it could absorb 135 million tonnes of carbon. Expanding the model to just 1% of the global ocean could create 50 million jobs.
Five transitions across infrastructure and the built environment could generate $3 trillion and 117 million jobs by 2030. Capitalising on the COVID-driven surge in demand for flexible working models is a prime example. The Ellen MacArthur Foundation estimates that “sharing” office models could reduce urban sprawl in Europe by an area the size of Belgium.
The business opportunities linked to transforming the energy and extractives sector are immense. About $3.5 trillion and 87 million jobs could be generated by 2030. In the automotive sector, for example, circular models – maximizing reuse and recycling of materials – could save $870 billion a year by 2030.
Turning business opportunity into nature-positive reality
It is time for businesses to lobby for nature and seize this unique moment of global disruption to make change. With governments facing severe budget constraints and the immediate impacts of COVID-19, it’s vital that business steps up more proactively.
To spearhead the transformation, business leaders should identify the transitions most relevant to their operations and the mix of enablers – including new capital investment and smart Fourth Industrial Revolution technologies – needed to unlock success.
Policy with people and planet at the core
While businesses can bring leadership, innovation and capital, this shift can only be sustained with complementary policy and regulatory measures. Bold policy and decisive political leadership will send a signal that business-as-usual is no longer viable.
The nature-positive transformation requires $2.7 trillion in public-private investments by 2030 to catalyse change at the scale needed. That’s a lot of money – but compare that to the United States’ $2.2 trillion COVID-19 stimulus package, or the up to $3.3 trillion expected to be lost by the global tourism industry.
A global stimulus programme focusing on protecting and restoring nature, driving resource productivity and scaling up new, regenerative value chains could deliver jobs, economic growth, public health and societal equity.
How does the World Economic Forum encourage biological diversity?
How does the World Economic Forum encourage biological diversity?
In the last 100 years, more than 90 percent of crop varieties have disappeared from farmers’ fields, and all of the world’s 17 main fishing grounds are now being fished at or above their sustainable limits.
These trends have reduced diversity in our diets, which is directly linked to diseases or health risk factors, such as diabetes, obesity and malnutrition.
One initiative which is bringing a renewed focus on biological diversity is the Tropical Forest Alliance.
This global public-private partnership is working on removing deforestation from four global commodity supply chains – palm oil, beef, soy, and pulp and paper.
The Alliance includes businesses, governments, civil society, indigenous people and communities, and international organizations.
Enquire to become a member or partner of the Forum and help stop deforestation linked to supply chains.
This is a critical juncture for humanity. Our response will determine the health of our businesses, our societies and our planetary systems for decades. Ecological, societal and economic priorities should not be competing interests. COVID-19 – a zoonotic disease that spread through human society and brought the global economy into crisis – is a critical example of our interconnectedness.
Now, we need a bold vision for a more sustainable, inclusive, safer future – with business playing a leading role in the transition.
Akanksha Khatri, Head, Nature and Biodiversity Initiative, World Economic Forum
Dominic Kailash Nath Waughray, Managing Director, World Economic Forum
The views expressed in this article are those of the author alone and not the World Economic Forum.
License and Republishing
The business and economic case for safeguarding nature
Biodiversity loss and ecosystem collapse was ranked by leaders in business, government and civil society as one of the top five threats humanity will face in the next 10 years in the World Economic Forum’s 2020 Global Risks Report.
Nature is declining at an unprecedented rate, with nearly 1 million species facing extinction because of human activity. Current production and consumption patterns, land use and urbanization, population dynamics, trade, industry and governance models underpin this loss. For instance, global resource extraction has tripled from 27 billion tonnes in 1970 to 92 billion tonnes.
With human health, jobs and a stable climate dependent on nature, inaction puts trillions of dollars of the global economy at risk. There is need for a great reset of humanity’s relationship with nature.
Public-private efforts towards building a new nature economy can drive the next stage of growth that is resilient, just and has nature-based solutions at its core.
Risks, transitions, opportunities and investments
The New Nature Economy series is made up of three reports which provide the fact base to the Nature Action Agenda (NAA). More detail on each report can be accessed through the tabs at the top of this page.
1. Nature Risk Rising, produced in collaboration with PwC and the first report in the NNE series, explains how nature-related risks matter to business, why they must be urgently mainstreamed into risk management strategies and why it is vital to prioritize the protection of nature’s assets and services within the broader global economic growth agenda.
$44 trillion of economic value generation – over half the world’s total GDP – is moderately or highly dependent on nature.—Nature Risk Rising
2. The second report, The Future of Nature and Business, identifies what transitions are needed to move towards a nature-positive economy and how businesses can be part of the solution, paving the way for new opportunities.
A new nature economy could generate up to $10.1 trillion in annual business value and create 395 million jobs by 2030.—The Future of Nature and Business
The report was produced in collaboration with AlphaBeta. Its findings inform the working priorities of the Nature Action Agenda's Champions for Nature, a community of leaders disrupting business-as-usual to lead the way to a nature-positive global economy and halt nature loss by 2030.
This report is accompanied by a policy recommendations paper.
3. For the series’ third report, to be released in Autumn 2020, the Forum will work with McKinsey in scoping the market and investment opportunities for nature-based solutions to environmental challenges, as a way forward to solve both the nature and the climate crises.
In addition to the reports, the series will contain a set of policy recommendations and a number of in-depth case studies.
The New Nature Economy report series aims to help business leaders and policymakers take informed action in contributing to a nature-positive economy.
1. Nature Risk Rising
Nature Risk Rising, produced in collaboration with PwC and the first report in the NNE series, explains how nature-related risks matter to business, why they must be urgently mainstreamed into risk management strategies and why it is vital to prioritize the protection of nature’s assets and services within the broader global economic growth agenda.
The report finds that there are three ways nature loss creates significant risks for businesses: dependence of business on nature, fallout of business impacts on nature and impacts of nature loss on society. It estimates that that $44 trillion of economic value generation – over half the world’s total GDP – is moderately or highly dependent on nature.
The report sets out key recommendations around how business can integrate nature related risks in their risk management strategies: by putting nature at the core of their processes and decision-making and systematically identifying, assessing, mitigating and disclosing nature-related risks to avoid severe consequences.
New Nature Economy Report
Download the Report I PDF here
Environment and Natural Resource Security
- The COVID-19 crisis shows that nature-related business risks are intensifying.
- A new World Economic Forum report, The Future of Nature and Business, provides a blueprint for business action to safeguard nature.
- 15 nature-positive transitions by businesses could generate $10.1 trillion and 395 million jobs.
Have you read?
- Now is the time for a 'great reset'
- Nature is everyone’s business: a call for collective action to reverse nature loss
- Nature Risk Rising: Why the Crisis Engulfing Nature Matters for Business and the Economy
- The COVID-19 pandemic is not a break for nature – let’s make sure there is one after the crisis
They Want to Kill Six Billion of Us - Here's How They'll Do It
•Jul 17, 2020
International best-selling author, Dr Vernon Coleman MB ChB DSc FRSA, explains that the people planning to rule the world want to reduce the global population to 500 million.
And he then explains how'll they'll kill the six billion of us they want to eliminate.
For more unbiased information, please visit https://www.vernoncoleman.com
The transcripts of the videos that YouTube banned are also on the website.