The Global Nature Positive Summit, a groundbreaking conference, is set to take place in Sydney, uniting leaders from environmental, corporate, research, government, and Indigenous sectors.

Hosted by the Commonwealth and NSW governments, the summit aims to address biodiversity loss and promote a nature-positive future.

Over three days, participants will explore solutions for biodiversity loss and necessary systemic changes to recognize the value of nature.

Representatives from 11 organizations, including conservationists and business leaders, are advocating for practical solutions that enhance productivity and prosperity.

Environment Minister Tanya Plibersek emphasized that the summit positions Australia to lead globally in establishing a nature-positive future.

A joint statement highlighted that nearly half of Australia's GDP relies on nature and its services, underscoring the economic stakes involved.

Biodiversity loss is closely linked to climate change drivers, necessitating collective action to meet the country's emissions reduction targets.

Australia faces one of the highest extinction rates globally, with its natural environment particularly vulnerable to biodiversity risks.

Dr. Henry pointed out that while financial risks related to climate change are recognized, businesses must also acknowledge their environmental impact.

He criticized existing systems that incentivize environmental destruction instead of restoration, highlighting a disconnect in public perception.

The potential loss of biodiversity poses significant risks to businesses and investors, including supply chain disruptions and reputational damage.

Dr. Henry will participate in the summit, which aims to reaffirm commitments made during the 2022 UN Biodiversity Conference.