Nature Positive Role of the Offshore Wind Sector

Mapping of five priority actions to GBF framework TABLE 4 Selected targets from Kunming-Montreal Global Biodiversity Framework (non-exhaustive) 1 Plan and manage areas to reduce biodiversity loss2 Restore degraded ecosystems3 Protect/ conserve land, inland water and ocean7 Reduce pollution8 Minimize impact of climate change10 Enhance biodiversity in agriculture, aquaculture, fisheries and forestry11 Restore nature’s contributions to people14 Integrate biodiversity in decision- making at every level15 Businesses assess, disclose and reduce risks and impacts18 Reduce harmful incentives and scale-up positive incentives19 Mobilize financial resources Indirect contribution Direct contribution 1 Avoid and reduce impacts of direct operations on nature, restore and compensate in accordance with the mitigation hierarchy 2 Avoid and reduce impacts on nature from components and materials through responsible sourcing 3 Innovate product design to reduce material demand and support the nature-positive transition 4 Actively support nature restoration and invest in nature-based solutions alongside local stakeholders 5 Catalyse multistakeholder collaboration and contribute to wider policy and systems change For each action, companies should also set measurable and time-bound targets and report against the progress regularly to increase their accountability (see Chapter 4 for more details). Nature Positive: Role of the Offshore Wind Sector 28