Nature is in decline, and public policy has a key role to play to shift our economy and society into alignment with the goals of the Kunming-Montreal Global Biodiversity Framework.
This discussion paper sets out the importance of nature, its relevance to responsible investors and the PRI’s approach to nature policy. It provides a summary of the landscape of nature policies around the world and proposes policy recommendations to enable investors to effectively address nature-related issues.
This paper discusses the following policy reforms and instruments:
- Addressing nature issues via a whole-of-government approach
- Clarifying investors’ role in addressing nature issues
- Corporate & investor duties
- Due diligence
- Disclosure
- Stewardship
- Nomenclature instruments
- Ensuring and amplifying synergies between nature and other sustainability issues, and between financial, corporate and real economy policies
This paper invites further discussion with signatories on the best ways to address nature issues from a policy perspective and serves as a resource for signatories for their own policy engagements on nature.