The IPBES Transformative Change Report, prepared by over 100 experts from 42 countries over three years, addresses the urgent need to halt and reverse biodiversity loss to prevent irreversible ecosystem collapse, including threats to coral reefs, the Amazon rainforest, and polar ice sheets.
The report identifies three main underlying causes of biodiversity loss
It outlines five key strategies for transformative change: conserving biocultural diversity, mainstreaming biodiversity in key sectors, transforming economic systems, reforming governance, and shifting societal values to recognize human-nature interconnectedness.
The report emphasizes that immediate action could generate $10 trillion in business opportunities and 395 million jobs by 2030, while delaying action by a decade would double the costs, highlighting that the current annual spending of $135 billion on biodiversity conservation falls far short of the needed $722-967 billion.