ICSS 2024 › Forums › The Fifth Science-Policy Forum for Biodiversity and The Eighth International Conference on Sustainability Science › Session 3 – Breakout group 1 › Reply To: Session 3 – Breakout group 1
Ivar A. Baste responded
A key question Salif, In the UNEP report https://www.unep.org/resources/making-peace-nature we amongst other point out that: “Governments can incorporate full natural capital accounting into their decision-making and use policies and regulatory frameworks to provide incentives for businesses to do the same. Incentives can favour sustainability and penalize environmental degradation, for instance by taxing unsustainable resource use and pollution rather than production and labour, measures that also promote a circular economy. Governments phasing out harmful subsidies can redirect that support to low-carbon and nature-friendly solutions and technologies.” Furthermore: “Some nations may need development assistance to help finance shifts towards a more sustainable economy. Transforming the nexus of energy, human settlements, agriculture, forestry and water systems is among the highest priorities.” So these may be key points to reflect in the post-2020 GBF.