Ipieca and its members are committed to supporting the aims of the UN Convention on Biological Diversity (CBD), the governing body of COP16.
Two of the eight Ipieca Principles, which are a condition of Ipieca membership, are aimed at driving support for the UN CBD:
- Support the aims of the UN Convention for Biological Diversity
- Responsibly manage operational impacts on the natural environment and ecosystem services
Ipieca’s work on biodiversity and ecosystem services (BES) is underpinned by the UN CBD. Ipieca works to responsibly integrate the management of BES across the life cycle of oil, gas and alternative energy operations and mainstream the concept of BES issue management within operational practices and management systems.
The Global Biodiversity Framework (GBF) includes 23 action-oriented targets for urgent action over the decade to 2030. The actions set out in each target need to be initiated immediately and completed by 2030. Together, the results will enable achievement of CBD’s 2050 vision of a nature positive world.
Ipieca works to raise awareness and support for the GBF, providing good practice guidance to support its implementation across the oil, gas and alternative energy sector. The table below highlights the GBF targets which Ipieca guidance can support oil, gas and alternative energy companies contribute to.