Davos 2019 - A New Deal for Nature | Summary and Q&A

TL;DR

We must prioritize the preservation of the entire biosphere, including oceans, forests, and biodiversity, to ensure a sustainable future. Key solutions include implementing scale solutions driven by market incentives, fostering innovation, and changing the narrative surrounding the value of nature.

Key Insights

• 🪛 Financial and economic incentives, such as carbon pricing, can drive the adoption of sustainable practices and help achieve scale solutions.
• 💱 Changing the narrative surrounding the value of the biosphere is crucial for inspiring action and reaching profound changes.
• 👨‍💼 Innovation, including technological, policy, and business model innovation, is essential for meeting the challenges of preserving the biosphere.

Transcript

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Questions & Answers

Q: How can we achieve scale solutions for preserving the biosphere?

Scale solutions can be achieved by incentivizing the market to deliver sustainable solutions. This can be done through financial and economic incentives, such as carbon pricing and tax relief, which encourage businesses and individuals to adopt sustainable practices.

Q: How can we change the narrative to inspire more people to protect the biosphere?

The narrative must emphasize the ethical, conservation, and economic aspects of preserving the biosphere. Education and communication campaigns can help raise awareness and inspire individuals to take action, including those who are currently indifferent or unaware of the value of nature.

Q: What role does innovation play in preserving the biosphere?

Innovation is crucial for meeting the challenges of preserving the biosphere at the scale required. This includes technological innovation, policy innovation, governance innovation, and business model innovation. By fostering innovation, we can develop more efficient and sustainable solutions to protect the environment.

Q: What is the significance of international conferences like COP and CBD in addressing biodiversity loss?

International conferences provide a platform for global collaboration and collective decision-making towards biodiversity conservation. These conferences set targets and policies, promote innovation, and help establish a global narrative that prioritizes the preservation of the biosphere.

Summary & Key Takeaways

• The preservation of the biosphere is crucial, as it provides essential services worth trillions of dollars each year. Protecting the biosphere requires scale solutions driven by market incentives and innovation.

• Costa Rica has successfully made biodiversity conservation an economically sustainable model, generating 6% of its GDP through eco-tourism. They have leveraged their 5% biodiversity to preserve the environment while creating an economic model.

• The discussion must focus on changing the narrative around the importance of the biosphere and its impact on human well-being. We need strong leadership, innovative policies, and effective communication to inspire action and reach profound changes.