Businesses want COP15 nature summit to deliver clarity

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

As government officials begin negotiating on Wednesday (Dec 7) toward a hoped-for deal to protect the wildlife and resources that prop up the global economy, investors are looking for one thing above all - clarity. As the COP15 biodiversity summit kicks off in Montreal, businesses and corporate leaders are

As government officials begin negotiating on Wednesday toward a hoped-for deal to protect the wildlife and resources that prop up the global economy, investors are looking for one thing above all - clarity.

They are under increasing pressure to show progress in tackling climate change and reducing harm to the environment. But countries have yet to agree on which environmental goals to prioritise, how companies should report environmental risk and how their activities should be regulated. But investments toward biodiversity-focused projects are far fewer and smaller in scale, even though half the world's economy relies on resources and services tied to natural ecosystems, according to the UN Environment Programme.

But while many companies say they are also considering biodiversity in their investments, less than half of 7,700 surveyed by environmental disclosure platform CDP have taken fresh action on it in the past year - and most remain unaware of the harm caused by their supply chains.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UN’s COP15 summit aims for global pact to ensure there will be ‘more nature’ by 2030More than 10,000 policymakers, experts and activists are set to discuss ways to head off what scientists call the sixth mass extinction. Read more at straitstimes.com. Stay within 800 meters or else.......
Source: STForeignDesk - 🏆 4. / 71 Read more »

Protecting wildlife and ecosystems: Countries seek to reach agreement at biodiversity conference COP15Scientists have repeatedly warned that human activities and climate change are threatening ecosystems and causing a dire decline of animals, plants, and other species.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Song Joong Ki To Visit Singapore On Wednesday Dec 7 To Promote New Drama, Reborn RichThis will be the actor’s first trip to Singapore since the pandemic.
Source: TODAYonline - 🏆 1. / 99 Read more »

UN summit aims for global pact to protect natureMONTREAL: Countries are gathering on Tuesday (Dec 6) for a key UN nature conference in Montreal, aiming to broker a new global agreement to protect what's left of Earth's wildlife and natural spaces. Negotiators hope that the two-week summit, known as COP15, yields a deal that ensures there is more 'nature
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Lyon gives John Textor final deadline of Wednesday to buy clubOlympique Lyonnais (OL) has given American investor John Textor's Eagle Football Holdings LLC until Wednesday to reach a final and unconditional agreement to buy the French Ligue 1 football club, OL said on Monday.Billionaire Textor has bought stakes in soccer clubs around the world, with his interests in
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Stories you might’ve missed, Dec 5 - Singapore NewsHere are the top stories published today...
Source: IndependentSG - 🏆 9. / 63 Read more »