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News article8 May 2024Directorate-General for Environment1 min read

Webinar on 31 May 2024 – Road to COP16: Backing up EU business and finance commitments with actions

COP16 webinar_may31

The adoption of the Kunming-Montreal Global Biodiversity Framework (GBF) in 2022 significantly raised the ambition of the international community to protect biodiversity and called on companies around the world to take urgent action. One year after Montreal, the European Business and Nature Summit (EBNS) convened leading business and finance organisations across Europe to discuss actions to implement the GBF and facilitate the shift to a nature-positive businesses, economies, and societies. While the recognition of the importance of biodiversity was palatable within the business community, the actions implementing the GBF Goals and Targets on the ground need to accelerate and scale up.

2024 will be a critical year for biodiversity. Two years after the adoption of the GBF, the sixteenth session of the Conference of the Parties will be an opportunity for public and private actors worldwide to review the state of implementation of their commitments. With its official slogan “Peace with Nature”, COP16 will place particular emphasis on the role of local communities as custodians of biodiversity, and their relationship with the private sector, civil society, and national government entities. The interlinkages between climate change and the biodiversity crisis, already emphasised at COP28 of the United Nations Framework Convention on Climate Change will also represent a strong focus of COP16. 

What are the stakes of COP16? What is expected from the business and finance community? And how can businesses contribute to its success? 

This webinar organised by the European Union Business & Biodiversity Platform on 31 May will aim to understand the expectations for COP16 and its implications for European businesses and financial institutions. It will focus on the opportunities private companies can actively take on the road to COP16 to contribute to the objectives of the Global Biodiversity Framework and drive collaborative action. Ongoing campaigns and initiatives supporting business and finance to deliver on their nature-positive commitments will be put in the spotlight. 

Join us on 31 May 2024 from 11:00 to 12:00 CEST. 

Register for the event here.


Publication date
8 May 2024
Directorate-General for Environment