Page 40 - Bulletin, Vol.80 No.2, September 2021
P. 40

THREE REASONS COMPANIES ARE INVESTING IN

                 FOREST CONSERVATION AND RESTORATION, AND

                                               HOW THEY DO IT


                                           The  sustainable  management  of  forests  could  create  $230
                                           billion in business opportunities.

                                           Over  half  of  global  GDP  is  potentially  threatened  by  nature
                                           loss,  making  restoration  an  economic  priority  in  the  decade
                                           ahead.

                                           The UN is launching the Decade on Ecosystem Restoration
                                           to  prevent,  halt  and  reverse  environmental  degradation
                                           worldwide.
                                           The  sustainable  management  of  forests  could  create  $230
                                           billion in business opportunities and 16 million jobs worldwide
                                           by 2030.

                                           Companies across industries are investing in forests to foster
               resilience, profitability and growth, and values-based leadership.
               The  world  is  facing  two  interdependent  environmental  crises:  the  accelerating
               destruction of nature and climate change. Corporate citizenship is an integral part of the
               problem and solution to these twin threats. Over half of global GDP, or $44 trillion, is
               potentially  threatened  by  nature  loss,  making  restoration  an  economic  priority  in  the
               decade  ahead.  Halting  environmental  degradation  and  deforestation,  conserving
               remaining natural sites and restoring those at risk, paired with rapid Paris Agreement-
               aligned  emissions  reductions  are  increasingly  recognized  hallmarks  of  a  robust
               corporate response.
               In  light  of  the  urgency  to  act,  the  United  Nations  is  launching  the  UN  Decade  on
               Ecosystem  Restoration  to  prevent,  halt  and  reverse  environmental  degradation
               worldwide. The UN didn’t just dedicate a day, a month, or even a year to this issue.
               Over the next 10 years, the UN aims to reduce poverty, combat climate change and
               prevent mass extinction across the globe – restoring our threatened natural heritage.

               Creating business opportunities and jobs
               Investing in forests provides a significant opportunity for companies seeking to address
               climate change, protect nature and create jobs, in a single intervention. Forests have a
               net carbon absorption of around 7.6 billion tonnes of CO2e per year, 1.5 times more
               CO2e than the US emits annually. Responsible forest conservation and restoration can
               be  a  cost-effective  solution  to  help  remove  atmospheric  carbon  and  build  climate
               resilience. As forests are also home to 80% of the world’s terrestrial biodiversity, they
               are  an  essential  landscape  in  our  efforts  to  preserve  habitats  and  protect  natural
               heritage. In addition, the sustainable management of forests could create $230 billion in
               business opportunities and 16 million jobs worldwide by 2030.







               AAFI-AFICS BULLETIN, Vol. 80 No.2, 2021-09                                                39
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