Biodiversity: we are deeply dependent on it, and yet there are still major gaps in our understanding of its critical condition and how it is changing. “Tackling the Global Biodiversity Crisis” identifies a particular opportunity for Germany to lead the global industrial transformation towards an economy in harmony with nature.
Investors, regulators, businesses and customers require better data to assess the impact of supply chains on biodiversity and enable ambitious nature strategies. In parallel, we are seeing rapid advances in nature data technologies – in everything from remote monitoring and eDNA to citizen science – that are enabling better monitoring of biodiversity. These new data technologies are transformative for national and business nature strategies.
As regulatory requirements increase, and voluntary frameworks like Science Based Targets for Nature and Taskforce on Nature-related Financial Disclosures go mainstream, business
will invest in better nature data. Germany can become a leader in this space. The paper looks at specific options for how to generate more high-quality, in situ biodiversity data by engaging business to collect, use and share data.
