Enabling transformative economic change in the post‐2020 biodiversity agenda

Esther Turnhout (), Pamela Mcelwee (), Mireille Chiroleu-Assouline, Jennifer Clapp, Cindy Isenhour, Eszter Kelemen, Tim Jackson, Daniel Miller, Graciela Rusch, Joachim Spangenberg and Anthony Waldron
Additional contact information
Esther Turnhout: WUR - Wageningen University and Research [Wageningen]
Pamela Mcelwee: Department of Human Ecology, Rutgers University
Jennifer Clapp: University of Waterloo [Waterloo]
Cindy Isenhour: Department of Anthropology & Climate Change Institute, University of Maine
Eszter Kelemen: ESSRG ENVIRONMENTAL SOCIAL SCIENCE RESEARCH GROUP HUN - Partenaires IRSTEA - IRSTEA - Institut national de recherche en sciences et technologies pour l'environnement et l'agriculture, Centre for Social Sciences, Institute for Sociology, Budapest
Tim Jackson: UNIS - University of Surrey
Daniel Miller: UIUC - University of Illinois at Urbana-Champaign [Urbana] - University of Illinois System
Graciela Rusch: NINA - Norwegian Institute for Nature Research
Joachim Spangenberg: Sustainable Europe Research Institute SERI Germany, Cologne
Anthony Waldron: Cambridge Conservation Initiative, Cambridge University, The Working Ant, Cambridge

PSE-Ecole d'économie de Paris (Postprint) from HAL

Abstract: The COVID-19 pandemic, its impact on the global economy, and current delays in the negotiation of the post-2020 global biodiversity agenda of the Convention on Biological Diversity heighten the urgency to build back better for biodiversity, sustainability, and well-being. In 2019 the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) concluded that addressing biodiversity loss requires a transformative change of the global economic system. Drawing on the IPBES findings, this policy perspective discusses actions in four priority areas to inform the post-2020 agenda: (1) Increasing funding for conservation; (2) redirecting incentives for sustainability; (3) creating an enabling regulatory environment; and (4) reforming metrics to assess biodiversity impacts and progress toward sustainable and just goals. As the COVID-19 pandemic has made clear, and the negotiations for the post-2020 agenda have emphasized, governments are indispensable in guiding economic systems and must take an active role in transformations, along with businesses and civil society. These key actors must work together to implement actions that combine short-term impacts with structural change to shift economic systems away from a fixation with growth toward human and ecological well-being. The four priority areas discussed here provide opportunities for the post-2020 agenda to do so.

Keywords: Regulation; Policy; Metrics; Incentives; Green finance; Economic systems; Biodiversity conservation; Subsidies; Trade; Transformative change (search for similar items in EconPapers)
Date: 2021-05
New Economics Papers: this item is included in nep-env and nep-pke
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03216191v1
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Citations: View citations in EconPapers (2)

Published in Conservation Letters, 2021, 14 (4), ⟨10.1111/conl.12805⟩

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Working Paper: Enabling transformative economic change in the post‐2020 biodiversity agenda (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:halshs-03216191

DOI: 10.1111/conl.12805

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