NAGOYA — As international deliberations to preserve biodiversity and promote its fair and sustainable use heat up in the last week of the COP10 talks, business observers agree that regardless of the final outcome, the private sector's role in the global effort will grow exponentially.
In the years leading up to the ongoing 10th Conference of the Parties of the Convention on Biological Diversity in Nagoya, Japanese businesses have become more conscious of protecting biological diversity. But as regulations are likely to become stricter, they may be forced to push their actions further, experts say.
While tougher rules could be seen as an additional burden to their operations, companies should actually consider this a positive investment that will help secure a sustainable business environment, they say, adding this may also create new opportunities.