Contributing to the Global Biodiversity Framework

The Global Biodiversity Framework (GBF), adopted by 196 Parties at the UN Convention on Biological Diversity (CBD) COP15 in 2022, represents the global biodiversity agenda for the next decade and the common ground across societal sectors to enact positive actions for halting and reversing nature degradation.

While the framework is directed at governments that are Parties to the Convention, there is also an acknowledgement of the role of businesses as key actors in contributing to nature-positive outcomes, and the framework provides opportunities for action across multiple targets. The integrative nature of the framework holds an unprecedented potential to achieve collective societal outcomes that improve natural capital and resilience.

Ipieca members support the Global Biodiversity Framework. The following examples show how members are taking ambitious biodiversity actions which contribute towards the goals of the GBF. More examples can be found in Ipieca members’ action and contribution opportunities to the Global Biodiversity Framework.

Examples of member action

GBF target 6 – reduce introduction of invasive alien species and minimise their impact
Asia Pacific
INPEX completed species-specific biofouling risk assessments and implemented a series of management measures on two offshore facilities (a central processing facility, and a floating production, storage and offloading facility) it was transporting from South Korea to offshore Australian waters, in order to comply with regulatory requirements for import, and to mitigate potential invasive marine species introduction.
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GBF target 13 – ensure equitable benefit sharing of genetic resources
Colombia
Ecopetrol, in partnership with the Alexander von Humboldt National Institute in Colombia, collaborated on the ‘FIBRAS’ project to conduct genetic characterisation of biodiversity through DNA barcoding. The project also engaged local communities as ‘biomonitors’, training them in the sampling, monitoring and processing of biodiversity data. The initiative resulted in more than 18,000 DNA barcodes, and empowered local communities by enhancing their role in environmental protection through increased knowledge of their local biodiversity.
GBF target 20 – capacity building for GBF implementation
New Zealand
OMV works locally with NGOs and other third parties on restoration and rehabilitation projects in New Zealand, which has the world’s highest proportion of threatened indigenous species. OMV partnered with Ngāti Koata and the Department of Conservation for the Moawhitu lake and wetland regeneration project.
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Related resources

Good practice guidance, awareness briefings and webinars to support companies to contribute to the Global Biodiversity Framework.

	Type
Ipieca members' actions and contribution opportunities to the Global Biodiversity Framework	Case study	View
Biodiversity and ecosystem services fundamentals	Good practice guidance	View
Invasive alien species and the energy industry	Good practice guidance	View
A guide to developing biodiversity action plans	Good practice guidance	View
Managing biodiversity and ecosystem services across the energy transition: mainstreaming the mitigation hierarchy	Fact sheet	View
A cross-sector guide for implementing the Mitigation Hierarchy	Good practice guidance	View
Managing Biodiversity & Ecosystem Services (BES) issues along the asset lifecycle in any environment 10 Tips for Success in the Oil and Gas Industry	Good practice guidance	View
Good Practices for the Collection of Biodiversity Baseline Data	Good practice guidance	View