Storebrand urges reform of nature-harming subsidies after COP17

By Public Technologies
  • Storebrand urged governments at COP17 in Yerevan to reform nature-harming subsidies to curb biodiversity loss and unlock transition investment.
  • More than $2.6 trillion in annual public spending supports activities that deplete nature and resources, undermining sustainable alternatives.
  • The asset manager called for standardized, quantitative corporate biodiversity disclosures to help investors assess nature-related risks and allocate capital.
  • Portfolio company engagement will continue to prepare businesses for regulatory changes.
  • Governments must translate the Yerevan plan into national reforms before COP18 in Ecuador in 2028, demonstrating measurable progress toward 2030 targets.


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