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SUMMARY:UNEA-6 Side-event – Sustainable consumption for biodiversity: Unl
 eashing the power of GBF targets 15 and 16
CLASS:PUBLIC
DESCRIPTION:Background\n\nThe need to achieve transformational change for c
 urrent consumption patterns to support the conservation and sustainable us
 e of biodiversity is highlighted by Targets 15 and 16 of the Kunming-Montr
 eal Global Biodiversity Framework (The Biodiversity Plan).\n\nTarget 15 ai
 ms for businesses to assess\, disclose and reduce biodiversity-related ris
 ks and negative impacts. Target 16 aims for enabling sustainable consumpti
 on choices to reduce waste and overconsumption.\n\nTarget 15 holds an unta
 pped power to drive the necessary transformation of businesses\, particula
 rly large and transnational companies and financial institutions\, towards
  sustainability. This target addresses the core need to develop policies\,
  legal frameworks\, and administrative measures that enable businesses to 
 drastically reduce their impact on biodiversity. By effectively implementi
 ng this target\, we can shift towards an economic system that respects pla
 netary boundaries\, ensures a sustainable future for all\, and promotes th
 e responsible provision of goods and services.\n\nTarget 15 serves as a cr
 ucial stepping stone towards the realization of Target 16\, paving the way
  for a sustainable system that empowers consumers from all walks of life t
 o have and to make sustainable consumption choices. By taking legal\, admi
 nistrative\, and policy measures to encourage and enable businesses\, incl
 uding large and transnational companies and financial institutions\, to mo
 nitor\, disclose\, and reduce their impacts on biodiversity\, we lay the f
 oundation for a transformative shift in our consumption patterns. This mea
 ns empowering consumers to make sustainable choices that align with their 
 values and contribute to a more sustainable future. This enables us to col
 lectively reduce the global footprint of consumption\, ensuring that all p
 eople can live well in harmony with our planet.\n\nUnder the BioTrade Init
 iative\, UNCTAD’s work focuses on collaborating with partners and other 
 trade and biodiversity stakeholders to support the implementation of The B
 iodiversity Plan by promoting sustainable practices and trade in biodivers
 ity-based products and services. \n\nObjectives\n\nAs an official side-ev
 ent during the United Nations Environmental Assembly 6\, this event aims t
 o highlight the transformative potential of Targets 15 and 16 of The Biodi
 versity Plan. It will emphasize the urgent need for a shift towards sustai
 nable consumption patterns to address the underlying drivers of biodiversi
 ty loss. The event will discuss the role of governments and businesses in 
 providing information to consumers and enabling well-informed choices for 
 more sustainable consumption.\n\nThe event will discuss the role of govern
 ments and businesses in providing information to consumers and enabling we
 ll-informed choices for more sustainable consumption.\n\nIts main objectiv
 es are to:\n\n\nRaise awareness of the link between consumption and its im
 pact on biodiversity and ecosystem services. \nDiscuss and present soluti
 ons for mitigating the impact of human activities on biodiversity and ecos
 ystem services.\n\n\nThe event is structured around:\n\n\nExisting and for
 thcoming tools\, resources\, and capacity-building opportunities\;\nAction
  in practice: case studies of government policies and business action on c
 onsumer information\; and\nRecommendations for effective implementation of
  GBF Targets 15 (b) and 16.\n\n\nSpeakers\n\n\nMartina Fleckenstein\, Glob
 al Policy Director\, Food\, World Wide Food International\nSheila Aggarwal
 -Khan\, Director of Industry and Economy\, United Nations Environment Prog
 ramme\nPeter Andrews\, Director - Sustainable Consumption for All\, Consum
 er Rights\, Innovation and Impact\, Consumers International\nBettina Hedde
 n-Dunkhorst\, Head of Division\, BfN\, Germany\nHarrison Ochieng Kojwang\,
  Senior Affairs and Engagement Advisor\, Forest Stewardship Council (FSC) 
 International\nDr. Taye Teferi\, Policy and partnership coordinator\, Seni
 or Reginal Director\, TRAFFIC\nJan Christian Polania Giese\, Senior Projec
 t Manager\, Adelphi\n \n\nhttps://sched.co/1QPrT\n\nView meeting on uncta
 d.org\nhttps://unctad.org/meeting/unea-6-side-event-sustainable-consumptio
 n-biodiversity-unleashing-power-gbf-targets-15-and
DTSTAMP:20261025T010635Z
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