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Climate and nature transition planning

KPMG · last updated

The planet is experiencing dramatic environmental changes. Each year, global temperatures continue to rise and carbon dioxide levels increase, bringing us closer to potentially irreversible tipping points. At the same time, the natural world is under immense pressure: it is estimated that up to one million species face the threat of extinction, while human activity has already transformed 75 percent of terrestrial ecosystems and two-thirds of marine environments. There is an urgent need for action.

To avoid the most severe consequences of climate change, all economic sectors are expected to contribute to a global transition to net-zero emissions by 2050. In the same way, to halt and reverse negative trends in biodiversity, it is not enough to preserve those natural areas that are still intact today. We must transition to a nature-positive economy.

As awareness grows about the urgency of mitigating the climate change and biodiversity crises, companies in many countries are now facing regulatory and stakeholder demands to demonstrate their ability to transform and adapt their business models in line with global targets. Climate and nature transition plans are increasingly identified as a key tool for achieving this goal.