Making the case for a net positive impact on biodiversity
Exploring how a Net Positive Impact (NPI) approach on biodiversity can enable the private sector to better manage biodiversity and contribute to global conservation is the focus of two new papers released today under the auspices of the NPI Alliance.
of March 2016
The paper, Net Positive Impact on biodiversity: the business case
highlights the increase in voluntary commitments to NPI by the private
sector during the past decade. Two major reasons cited for business
uptake are the rise in government biodiversity offset regulations and
financial institutions’ standards for biodiversity management.
The NPI approach requires companies to take a systematic and
scientific approach to evaluate their biodiversity impacts, establish
biodiversity conservation goals and implement actions that actually
achieve a biodiversity net gain over time. While the paper acknowledges
that such an approach may entail some costs and delays for companies, it
argues these far outweigh the risks of not applying NPI.
"Adopting NPI – as a company-wide commitment, project target or even
aspirational goal – makes sound business sense as it supports long-term
business value. It provides a robust means of understanding biodiversity
impacts and defining an end-goal for impact mitigation, so that
projects can be designed and implemented effectively and sustainably,”
according to the authors.
The NPI Alliance was a cross-sectoral collaborative initiative with
Rio Tinto plc, Shell Global Solutions International B.V., The Nature
Conservancy and IUCN, with advisory support from the International
Finance Corporation, which ended last year.
IUCN is currently drafting a Biodiversity Offsets Policy, which may
provide further guidance and input on advancing an NPI approach for
Tags: Ecosystem valuation | Biodiversity policy
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