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9 June 2022 - In the joint letter, leading businesses welcome the ambitions of the Commission to propose legally binding targets for nature restoration and urges the publication of these in June 2022 with no further delay.
Read the letter.
The letter states: “Nature restoration is unarguably good for business. Nature provides the raw material inputs and the ecosystem services that many of our businesses rely on. Continued degradation of nature only serves to threaten our business models by creating unforeseen and often unmanageable disruption in our supply chains, whilst extreme weather events continue to impact our productivity and increase our operational costs.”