On 7 December 2022, world leaders will meet in Montreal, Canada for the second round of the 15th Conference of Parties (COP15) to the Convention on Biological Diversity (CBD) to agree on the final text of Global Biodiversity Framework (GBF), an agreement with an ambitious goal to reverse global biodiversity loss. As the world enters what scientists call ‘the sixth mass extinction’, a large-scale biodiversity extinction event which takes place over a short (thousands or millions of years) period of time, driven for the first time in the earth’s history by human activities, pressure has never been greater for countries to agree and adhere to ambitious biodiversity targets.

Zaneta Sedilekova, associate at Clyde & Co and Biodiversity Risk Advisor at Commonwealth Climate and Law Initiative, and Nigel Brook, partner at Clyde & Co, look ahead to COP15, the main themes that will be discussed, and likely outcomes, focusing in particular on possible requirement for mandatory reporting and disclosure of biodiversity impacts by business.

This analysis was first published on Lexis®PSL on 1 December 2022 and can be found here
(subscription required).