The IUCN Leaders Forum was held on 11-13 October 2023 in Geneva, Switzerland. The forum brought together environmental experts, government officials, academics, and representatives from the private sector, civil society, Indigenous Peoples and local community groups to discuss how to work together to halt the loss of nature and implement the Kunming-Montreal Global Biodiversity Framework (GBF).
Ipieca secretariat and member company representatives attended the IUCN Leaders Forum. Over the three days, the following topics emerged as key themes:
Climate change and nature loss have to be addressed together
COP28 will be an important event to mainstream and integrate climate and nature
Nature-based solutions act as a bridge connecting nature and climate topics
The GBF’s success depends on a whole of society approach including governments, industry, finance and importantly Indigenous Peoples and local communities
Alignment and simplification of existing nature reporting and disclosure frameworks are essential to drive positive changes, while the private sector has to be transparent about the risks and dependencies on nature through target setting and reporting
Biodiversity credits are a new and evolving tool which could potentially contribute to a nature positive future, however, these should not replace the mitigation hierarchy
Ipieca and the International Union for Conservation of Nature (IUCN)
The two organizations hold a memorandum of understanding (MoU) with the objective to advance oil, gas and alternative energy sectors’ environmental performance in the areas of biodiversity conservation and the transition to a low-carbon energy future.
Ipieca and IUCN hosted a joint side event at the UN Convention on Biological Diversity COP15 on the biodiversity management practices of the oil, gas and alternative energy sector.
We are currently exploring potential future collaborations, including implementation of the GBF, nature-based solutions and joint events at the nature and climate COPs and the UN Environment Assembly.