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Green Business
News article28 January 2024Directorate-General for Environment1 min read

The EU Business and Biodiversity’s Sector Sprint Report 2023 – How to unlock nature-positive transformative change in the build sector

Sector sprint report - built environment

The built environment contributes to biodiversity loss, particularly through changes in land use, disturbance of water cycle, unsustainable sourcing of a wide array of building materials, pollution, and contributions to climate change. Recognizing these impacts, leading companies and financiers have begun incorporating nature-positive principles into their operations, business models, and corporate engagement strategies. Yet, many obstacles and challenges linked to technology, governance, financing, and policy issues remain for these to fulfil their potential and contribute to the nature-positive goal at scale. Solving these key challenges requires collective action involving business, finance and policy.  

This report is the result of the European Business and Biodiversity (EU B&B) Platform’s engagement with representatives from the built environment, investors and policy makers to help identify transformative actions that can be taken at different levels to progress towards nature-positive models. It highlights current drivers of change (technological, financial, political, etc.) to facilitate nature-positive business trajectories looking, in particular, at the role of finance and policy as enablers of change, and identifies next steps to scale up action.  

 

Download the report here.

Details

Publication date
28 January 2024
Author
Directorate-General for Environment