Business 4 Land Initiative

About Business 4 Land Initiative

• It is the United Nations Convention to Combat Desertification’s (UNCCD) main initiative to engage the private sector in sustainable land and water management.
• It helps companies and financial institutions manage risks and seize opportunities tied to land degradation and drought.
• Aim: It aims to restore 1.5 billion hectares of land by 2030, contributing to Land Degradation Neutrality (LDN), a global commitment to achieve net zero land degradation by 2030, as well as enhancing drought resilience.
• B4L’s work is built around three key pillars:
  • Business operations and value chains: Promote sustainable practices and set targets for reducing land-related impacts across business operations.
  • Finance: Support the creation of sustainable finance solutions for land restoration and drought resilience.
  • Advocacy: Advocate for policies that foster a business environment conducive to sustainable land and water management.

What is the United Nations Convention to Combat Desertification?

• It was established in 1994 to protect and restore our land and ensure a safer, just, and more sustainable future.
• The UNCCD is the only legally binding framework set up to address desertification and the effects of drought.
• There are 197 Parties to the Convention, including 196 country Parties and the European Union.

 Q1: What is the aim of Land Degradation Neutrality (LDN)?

The aim of LDN is to preserve the land resource base by ensuring no net loss of healthy and productive land via a combination of measures that avoid, reduce and reverse land degradation. 

News:Private sector urged to act as world faces $23 trillion loss from land degradation

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