October 2, 2020
1 minute
On the occasion of the UN Summit on Biodiversity on 30 September, Thomas Buberl addressed Heads of State and the United Nations’ General Assembly, under the theme of “Urgent action on Biodiversity for sustainable development”.
AXA contributes to the protection and restoration of biodiversity and ecosystems through its role as an investor and insurer. We announced four new steps:
These actions extend AXA’s efforts regarding biodiversity initiated in 2018 with the signing of the French initiative “Act4Nature”, and including establishing a 3-years partnership with the WWF focused on biodiversity, publishing joint recommendations co-developed with the WWF and shared during the G7 meetings, launching a biodiversity and climate “Impact Investment” fund dedicated to nature-based solutions and developing the Ocean Risk and Resilience Action Alliance.
Thomas Buberl concluded with a call to action for world leaders working on the preparation of the COP15 summit next year in Kunming, China:
Thomas Buberl
Chief Executive Officer of AXA
All companies have a responsibility to evolve, and finance is a key enabler, provided it can operate in a level playing field. However, we cannot drive change on our own. Public action is essential for us to meet the expectations of our youth and society at large. We need common frameworks and international science-based biodiversity targets.
We need an agreement that supports the action of investors and insurers towards biodiversity protection. And we need policymakers to catalyse these efforts in a robust “Kunming Agreement” which will show a clear roadmap for action.