Nature Positive Role of the Automotive Sector
Page 28 of 62 · WEF_Nature_Positive_Role_of_the_Automotive_Sector.pdf
To calculate the opportunity summarized in the
waterfall in Figure 8, the following opportunities
from the Future of Nature and Business report were identified as relevant (see Table 3). Further
information on the calculation methodology can be
found in the Appendix.
Priority action Business opportunity
from Future of Nature
and Business reportOriginal size in Future
of Nature and Business
report ($ billion)Adjustment factor
to size share of
automotive sector Opportunity size
for automotive sector
($ billion)
1 Avoid and reduce
impacts from
operationsWastewater reuse 50
Automotive sector share
of global GDP: 3.46%1.73
Expansion of renewables 650 22.48
Energy efficiency –
buildings825 28.53
Energy efficiency – non-
energy intensive sectors*337 11.64
2 Avoid and reduce
impacts from
materialsCircular economy –
automotive870Total sector share of
global GDP (excl. mining
and metals): 98.99%861.23
Additive manufacturing 135
Automotive sector share
of global GDP: 3.46%4.67
Technology in energy and
extractives supply chains30 1.04
End-use steel efficiency 210 7.26
Reducing packaging
waste70 2.42
Technology in large-scale
farms195 6.74
Technology in smallholder
farms110 3.80
Livestock intensification 65 2.25
3 Transform
product offeringGreen long-range
transport220
Automotive sector share
of global GDP: 3.46%7.61
Fourth Industrial
Revolution-enabled long-
distance transport75 2.59
4 Conserve and
restore nature
with Indigenous
Peoples and local
communitiesNature climate solutions 85 2.94
5 Drive cross-sector
collaboration on
standards and
transparency,
infrastructure
and policyDeep-dive on business opportunities for the automotive sector TABLE 3
*Additional opportunity beyond Future of Nature and Business report analysis.
Taking these five priority actions across operations
and the wider value chain will help companies
in the sector avoid or reduce the four drivers of
biodiversity loss (pollution, water use, land-use
change and ecosystem disturbance, and GHG
emissions) across the four nature realms (land, ocean, freshwater and atmosphere), mitigate risks
to operations and unlock commercial opportunities.
These actions will also contribute to the targets
of the Global Biodiversity Framework, which aims
to halt and reverse biodiversity loss by 2030 (see
Table 4).
Nature Positive: Role of the Automotive Sector 28
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