IPIECA attended the IUCN World Parks Congress in Sydney, Australia for the once-in-a-decade global summit on protected areas. For one week, 5,000 delegates from 160 countries joined global efforts to set out a roadmap to safeguarding the planet’s natural areas.
The session discussion on ‘Extractives, energy and responsible investments: Solutions’ featured a presentation by IPIECA member Paola Pedroni, Chair of the IPIECA-IOGP Biodiversity and Ecosystem Services (BES) Working Group. Paola addressed the importance of fostering partnerships between business and the conservation community to better manage potential industry impacts on biodiversity and the natural environment. She explained that IPIECA provides the tools and guidance to help the oil and gas industry identify BES values and implement a risk-based approach to managing and mitigating potential impacts of operations on BES issues.
“For IPIECA and its members, the key outcomes of this week at the World Parks Congress are that businesses can be part of the solution when working in partnerships with their stakeholders to preserve the natural environment, and that Protected Areas may represent an additional opportunity in the future to deliver conservation benefits on the ground”, Paola said.
In addition, IPIECA and the United Nations Environment Programme’s World Conservation Monitoring Centre jointly hosted a three hour side event at the Protected Planet Pavilion. IPIECA members - BG, BP, Chevron, Eni, Saudi Aramco, Shell, Total and Woodside – shared case studies on biodiversity and ecosystem services management approaches and conservation actions in and around protected areas.
Partnerships between all key stakeholders are critical to delivering on the protection and management of biodiversity. For this reason, IPIECA has been working in partnership to form The Cross-Sector Biodiversity Initiative (CSBI). This initiative provides a platform for business and external groups to come together to develop and share good practices related to BES issue management and the implementation of the mitigation hierarchy.