We need sectoral approaches

As nature impacts and dependencies differ significantly across real economy sectors, sector-specific analyses and guidance can help companies understand their relationship with nature and the actions they can take to accelerate the transition to a nature-positive future. 

To inform sectoral approaches, the World Economic Forum, alongside Business for Nature and the World Business Council for Sustainable Development (WBCSD), produced guidance on 12 global sectors as part of the initial phase of the Sector Actions Towards a Nature-Positive Future initiative. For each sector, the guidance outlines the priority actions companies should take to transform their operations and value chains to make a meaningful contribution towards the Global Biodiversity Framework and help halt and reverse nature loss by 2030.      

In the second phase, the World Economic Forum has conducted analysis of four additional sectors: mining and metals, automotive, offshore wind and ports. This report, published in collaboration with Oliver Wyman, identifies and makes the business case for sector-specific priority actions in the mining and metals sector.