Key takeaways of the piece include:
- Delivering on nature positive is complex, requiring location-specific solutions. Unlike climate, where reducing greenhouse gas emissions is the sole, location-agnostic indicator, tracking nature impact requires collecting location-specific data across several variables, such as freshwater availability, soil health and biodiversity intactness, to name a few. Therefore, defining and monitoring location-specific metrics is key for driving global, regional and local action on nature and climate.
- Spatial intelligence –the use of spatial data to drive action –will play a central role in supporting businesses to set science-based targets for nature, engage with local communities, understand their impacts and dependencies on nature, and identify opportunities across their value chains to contribute to a nature-positive and net-zero economy.
- A technological revolution is underway - innovations in data collection are expanding the frontiers of what’s possible and making spatial intelligence cheaper and more accessible. Examples sensors or drones to monitor habitat conditions and environmental DNA (eDNA) sampling to detect which species are present in a body of water.
- Businesses, investors and governments can play their part in creating an enabling environment to scale up the use of spatial intelligence for climate and nature action. The private sector should 1) commit to (integrated) science-based climate and nature targets, 2) invest in (collecting and applying) spatial intelligence, and start understanding their value chain, 3) disclose collected data in the spirit of radical transparency (which in turn could also aid resource-strapped governments), and 4) collaborate meaningfully with the private and public sectors and local communities to take action now.
How can we make sure businesses apply the latest available technologies to unlock integrated nature and climate action? Let us know at [email protected]