GENEVA (AN) — Businesses are deeply entangled in the global biodiversity crisis and face rising risks to their own long-term viability unless they help drive transformative change, according to a landmark new assessment approved this week by governments meeting under the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services.
The report released on Monday was approved by representatives of more than 150 governments during the 12th session of the IPBES Plenary in Manchester, U.K. Often described as the biodiversity equivalent of the U.N.'s Nobel Prize-winning IPCC, IPBES provides science-based assessments to inform international policy.