To achieve the goals of the Kunming–Montreal Global Biodiversity Framework (KMGBF), agreed by Parties to the Convention on Biological Diversity, there is an urgent need to address the economic drivers of biodiversity loss. The KMGBF includes a target to encourage businesses and financial institutions to disclose their impacts and dependences on biodiversity. While transparent biodiversity disclosures could help shift business operations away from activities that harm biodiversity, the weak target wording implies voluntary and unstandardized disclosures, which tend to be low quality and ineffective. Moreover, examination of scientific and practical insights strongly indicates that the evolving strategy of disclosures led by businesses may prioritize short-term business and investment interests while neglecting biodiversity outcomes and the wider systemic risks they pose. We argue that there is a risk of limited if not altogether perverse outcomes from the target, where businesses provide ambiguous disclosures that fail to reduce impacts on biodiversity, yet an increase in volume and frequency of disclosures suggests progress toward the target. Consequently, we advocate for a regulatory approach, supported by scientific engagement in the development of disclosure standards and associated policy indicators, to ensure that the emerging response to the KMGBF target on disclosures avoids perverse outcomes and instead results in positive impacts on biodiversity.

中文翻译：

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企业披露需要关注生物多样性成果和监管支持，以实现全球保护目标


为了实现生物多样性公约缔约方商定的昆明-蒙特利尔全球生物多样性框架（KMBBF）的目标，迫切需要解决生物多样性丧失的经济驱动因素。 KMGBF 的目标是鼓励企业和金融机构披露其对生物多样性的影响和依赖。虽然透明的生物多样性披露可以帮助企业运营远离损害生物多样性的活动，但薄弱的目标措辞意味着自愿和不标准化的披露，而这些披露往往质量低下且无效。此外，对科学和实践见解的审查强烈表明，企业主导的不断变化的披露策略可能会优先考虑短期商业和投资利益，而忽视生物多样性成果及其带来的更广泛的系统性风险。我们认为，该目标存在产生有限甚至完全不正当结果的风险，企业提供的信息含糊不清，无法减少对生物多样性的影响，但披露数量和频率的增加表明在实现目标方面取得了进展。因此，我们主张采取监管方法，并以科学参与制定披露标准和相关政策指标为支持，以确保对 KMBF 披露目标的新反应避免出现不良结果，并对生物多样性产生积极影响。