Reuters: Trillion-dollar group urges government action to stop nature loss
https://www.reuters.com/business/trillion-dollar-group-urges-government-action-stop-nature-loss-2024-07-15/Trillion-dollar group urges government action to stop nature loss
By Simon Jessop and Jake Spring
July 16, 2024 7:28 AM EDT
LONDON/SAO PAULO, July 16 (Reuters) - More than 100 companies, including Unilever (ULVR.L), L'Occitane (0973.HK), and Iberdrola (IBE.MC), have called on governments to enact tougher policies to reach a U.N. goal on halting nature loss by the end of the decade.
With more than 1 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 COP16
biodiversity summit in October in Colombia to work out the details of implementing the pledge.
In a letter shared exclusively with Reuters ahead of the talks, 132 companies with combined revenues of $1.1 trillion demanded stronger action.