Insights | | Key takeaways from the first Global Nature Positive Summit 2024: A journey of inspiration and action

Key takeaways from the first Global Nature Positive Summit 2024: A journey of inspiration and action

21 October 2024

The first Global Nature Positive Summit in Sydney 2024 brought powerful insights into how we can create a future where nature and people thrive. This article highlights key moments from the Summit, focusing on Indigenous leadership, business resilience, and blue finance. Learn how we can transform lessons into real actions for a nature-positive future.

Introduction

With the kick-off of the world’s first Global Nature Positive Summit in Sydney just under two weeks ago, my LinkedIn feed was buzzing with inspiring lessons and passionate opinions on how to truly embrace a ‘nature-positive mindset.’ The Summit explored so many aspects of this mindset—how we build it, how we live it—and I couldn’t wait to share some of the iconic quotes and transformative ideas that came out of it.

Think of this article as a journey back through the most powerful moments of the Summit—a storytelling summary for those who couldn’t be there, and a refresher for those who were. From practical actions to powerful perspectives, we’ll dive into the key takeaways that can help us create a future where both people and nature thrive. To help turn these learnings into real actions, we’ll also share some relevant resources from Altiorem’s library for each topic to bring ideas to life.

“We have to get away from the thinking that there is not enough data, there is so much data, we need a framework for understanding, assessing and valuing it.” – Pavan Sukhdev, Chief Executive Officer at GIST Impact

This quote really resonated with me. It’s not that we don’t have the information we need to make decisions; it’s that we don’t always know how to use it effectively. There are countless studies and papers out there, and Altiorem’s library alone has over 200 resources on nature-positive strategies and impacts. Now is the time to make that data work for us—to transform information into action, and to genuinely integrate nature into our financial and business decisions. Check out our resources here, and let’s bring this mindset to life together.

Note: Not all sessions will be covered in this article.

Indigenous Leadership

“Connection between Indigenous people and nature is not a new narrative and the disconnection between people and nature is one of the challenges we need to overcome.”

The discussion highlighted how Indigenous-led initiatives are driving economic returns, building community strength, and promoting self-determination. One powerful sentiment shared was that we, as a society, are the younger, and often spoilt, sibling of the planet—we haven’t done well by the Earth or by each other. Indigenous voices need to be at the forefront, not just to drive conservation efforts but to tackle broader issues like economic justice and the systems of power that underpin it.

The speakers also called for reimagining funding priorities, noting that only 0.06% of global philanthropic funding reaches Indigenous programs, with even less going directly to Indigenous women.

There are countless resources showing the power of engaging with Indigenous peoples and embedding their voices in stewardship and beyond. Let’s continue to support the incredible work they have done for their lands.

Resources for indigenous leadership

Embedding Indigenous knowledge in the conservation and restoration of landscapes

World Economic Forum
This report explores how embedding Indigenous knowledge in landscape conservation and restoration projects can enhance environmental outcomes. It emphasises the importance of involving Indigenous peoples as rights-holders, respecting their cultural responsibilities, and using their long-term knowledge systems to improve ecological health. The report also outlines principles for investors to engage Indigenous leadership, promoting projects that support ecosystem-wide sustainability and resilience.
Research
11 January 2023

Indigenous rights and financial institutions: Free, prior and informed consent, just transition and emerging practice

Shift
This report examines the importance of Indigenous Peoples’ rights in finance, focusing on Free, Prior and Informed Consent (FPIC). It discusses challenges in implementing FPIC, such as differing views on indigeneity, determining adequate FPIC, poor information, and power imbalances. It concludes with the potential for mutually beneficial partnerships.
Research
6 July 2023

Dhawura Ngilan - Business and investor initiative: A guide for businesses and investors

Terri Janke and Company
This report provides guidance for businesses and investors to respect Aboriginal and Torres Strait Islander heritage rights and implement environmental, social, and corporate governance principles. The Dhawura Ngilan (Remembering Country) vision is outlined and detailed recommendations for ethical investment practices are provided.
Research
19 March 2024

Core Benefits Verification Framework

Aboriginal Carbon Foundation
The key principle of the Core Benefits Verification Framework is Indigenous ownership of the verification process. The framework creates the opportunity for Indigenous people to be the experts in the verification of environmental, social and cultural values associated with community development programs, such as carbon farming.
Research
31 March 2019

Accelerating change: Realising ambition for nature

“I said money makes the world go around, but actually its women” – Dr Valerie Hickey, Global Director for Environment, World Bank

The next session was all about accelerating change, and it came with some powerful takeaways. As Dr. Hickey said, “If you’re not at the table, your interests are on the menu.” This urgency was echoed by other global leaders and experts who highlighted the need to transform economic systems to value nature. The message was clear: this is not just a financial or technological challenge—it’s political. We need systemic policy coherence, both domestically and internationally, to truly drive change.

Speakers shared inspiring examples like Nepal’s success in tripling its tiger population and doubling forest cover, and Niue’s remarkable effort in protecting 40% of its marine economic zone. Yet, these wins remind us that we still need to address the larger systems of power and rethink our governance models to be ‘nature positive.’

The call to action is simple: we need to break down silos, think big, and act now. Whether it’s redefining economic growth as nature-positive or holding ourselves accountable beyond just disclosures—we all have a role to play. Let’s take these lessons and push for the systemic changes needed.

 

Resources for accelerating change

Nature positive economies: Progress, lessons and next frontiers

World Wide Fund for Nature (World Wildlife Fund – WWF)
The report titled explores a six-year global partnership aimed at embedding natural capital into economic decision-making. It highlights key lessons, including the need for systemic change, collaboration across sectors, and nature-based solutions to build resilient, sustainable economies. The report provides case studies and frameworks to guide future efforts towards nature-positive economies.
Research
12 November 2022

Summary for policymakers of the methodological assessment regarding the diverse conceptualisation of multiple values of nature and its benefits, including biodiversity and ecosystem functions and services

This paper is on the diverse conceptualisations of multiple values of nature, its benefits, and the valuation of nature asserts that policymaking frequently ignores nature's assorted values, focusing on only a small subset, and details how diversity in valuation is salient but challenging.
Research
9 July 2022

Towards financing large-scale holistic landscape restoration in Europe: Recommendations for EU policy actors to attain inspirational, social, natural and financial returns

Commonland
The report provides financing recommendations for large-scale holistic landscape restoration in Europe, addressing climate change, biodiversity loss, and food and water insecurity. It emphasises the effectiveness of landscape finance in promoting healthy ecosystems, offering practical frameworks for policymakers to accelerate impactful activities and align natural and community needs for comprehensive restoration.
Research
30 November 2023

Nature matters: Building business resilience

The next plenary highlighted how businesses must integrate nature into their core strategy to build resilience. Leaders from Patagonia, Telstra, Blackmores Group, and others showed that protecting nature is about seizing opportunities for long-term growth. Mark Gough of Capitals Coalition emphasized that climate, nature, and social issues must be tackled together. Telstra has created digital twins to simulate biodiversity impacts on river systems and Blackmores’ nature-based risk assessments were practical examples of how to bridge the gap between information and action.

The key message: trust and courage are needed to move forward. Just get started. As they said:

“You miss 100% of the shots you never take.”

Let’s take those shots and accelerate the change we need for a resilient future.

Resources for building business resilience

Spotlight on nature: Case studies for business transformation towards a nature-positive future

World Economic Forum
This report highlights six case studies of businesses transforming towards a nature-positive future. It showcases their efforts to address nature-related risks and opportunities, focusing on areas such as sustainable forestry, circular resource use, soil health, sustainable seafood, biodiversity, and freshwater management.
Research
23 September 2024

Nature-positive strategy: Practical guidance for corporates

Pollination
This practical guidance report provides a principles-based approach that equips corporates with an understanding of the value of nature, identifies key frameworks, and encourages a call to action. It suggests implementing “no regrets” actions for risk mitigation while progressing work on key frameworks. It further recognises that taking actions now will create business value.
Research
27 March 2024

Building consensus on metrics

The next session brought together scientists, innovators, and convenors to discuss progress on nature-positive metrics that businesses can use across voluntary and compliance frameworks. Dr. Simon Ferrier (CSIRO) emphasised that we need metrics and frameworks that are simple enough for people to use but complex enough to provide meaningful insights. Alexandra Banks (EY) highlighted that addressing nature is key to achieving net zero.

The Nature Positive Initiative is currently building consensus on a universal set of metrics, and consultation is open now. Let’s push for consistent, reliable metrics to drive accountability and accelerate our journey towards a nature-positive future.

Resources for building consensus on metrics

Making things (that don’t exist) count: A study of Scope 4 emissions accounting claims

This report investigates the implications of 'Scope 4' emissions accounting claims, which refers to greenhouse gas emission reductions or removals due to a decision or action. This study suggests that extant Scope 4 assessments do not fit the established framework for scope-based emissions accounting, and calls for cautious claims of this nature and the need for more research.
Research
28 March 2024

State of nature-related disclosures: Assessing TNFD alignment of nature-related disclosures by firms in high-risk sectors

First Sentier Investors
The report evaluates the alignment of firms' nature-related disclosures with the TNFD framework. It covers eight priority sectors, highlighting disclosure gaps and providing recommendations for improvement to ensure comprehensive, high-quality nature-related reporting.
Research
9 July 2024

Blue finance: Towards a sustainable ocean economy

“This is a 40,000-year-old start-up .” – Dr. Emma Lee, a trawlwulwuy woman of tebrakunna country, Professor for the National Centre for Reconciliation, Truth, and Justice at Federation University. Her remark highlights the deep connection her Tasmanian community has with the land and sea, emphasising that Indigenous business practices have existed for millennia.

The session on blue finance explores how the ocean can drive both ecological and economic solutions. Five years ago, ocean solutions might have been dismissed as just beach cleanups, but today they encompass pollution, food security, climate, and biodiversity. The conversation emphasised that Pacific communities, who understand their ocean best, must lead the conservation efforts.

Despite significant commitments like Bezos’ $100 million for the Pacific, aid finance has not yet led to transformational change. Regeneration and sustainability are critical, and it’s not just about sustaining—we need to heal and restore. The panel discussed the need for blended finance to de-risk ocean investments, and the importance of starting conversations by asking stakeholders, “What do you need?” to build trust and bridge communication gaps.

With $550 billion in potential investments out to 2030, the risk isn’t in investing in blue finance—it’s in not investing at all. The message was clear: it’s time to embrace Indigenous peoples 40,000 years of wisdom, embrace regeneration, and unlock Blue Pacific prosperity.

Resources for a sustainable ocean economy

Deep blue: Opportunities for blue carbon finance in coastal ecosystems

International Finance Corporation
This report explores the growing opportunities for blue carbon finance in coastal ecosystems, focusing on mangroves, saltmarshes, and seagrass meadows. It highlights the significant potential of these ecosystems to mitigate climate change, generate carbon credits, and provide essential co-benefits, including biodiversity conservation and economic resilience for coastal communities. Despite increasing interest, challenges in securing funding and scaling projects remain key barriers to unlocking their full potential.
Research
13 May 2023

Reporting framework for the Sustainable Blue Economy Finance Initiative

United Nations Environment Programme
This framework outlines the reporting requirements for signatories to the Sustainable Blue Economy Finance Principles. It provides guidelines on what to report, how to report, and the annual reporting process. This framework supports transparency and accountability, with a focus on actions, targets, and governance structures aligned with sustainable blue economy principles.
Research
21 April 2023

Setting sail: Target setting in the sustainable blue economy

United Nations Environment Programme
This report provides a manual to guide financial institutions in implementing target-setting practices within the blue economy. It outlines the principles of sustainable finance, focusing on sectors like seafood and aquaculture. The document includes guidance for creating actionable targets, monitoring progress, and integrating environmental and social risks, with case studies and examples for practical application.
Research
16 February 2024

Shaping change: What will it take?

This session highlighted the importance of starting at the community level. Every sector is shifting, and communities are grappling with climate and biodiversity impacts. The next economy is working across coal, agriculture, and critical minerals to support these transitions. Gladstone was showcased as a case study where progress came from bringing people together and involving industry.

The session underscored the need to work at a pace communities are comfortable with, which can lead to faster progress. Skills development is a key challenge, with defunding of TAFE and a lack of industry commitment to training holding back progress. There’s also a growing need for services like health and aged care. We must green every job, and women—with lower participation rates—are key enablers in this transition.

Resources for shaping change

Embedding just transition into corporate climate action strategies

ERM SustainAbility Institute
This report explores how businesses can integrate the concept of a just transition into their climate action strategies. It outlines key frameworks, corporate responsibilities, and challenges, offering guidance for ensuring social and environmental considerations are embedded in decarbonisation efforts.
Research
20 September 2024

Just transition criteria: How to align investments with a just transition

Impact Investing Institute
The report offers just transition criteria for investors, aligning products with climate action, socio-economic equity, and community involvement. It enhances existing frameworks, ensuring global alignment for a net-zero transition while emphasizing the three key elements: climate action, socio-economic equity, and community voice.
Research
24 May 2023

Seabin presentation on plastic waste

This interactive discussion on circular economy focused on tackling plastic pollution and highlighted some creative approaches to addressing waste. Speakers discussed the impact of plastics—from ship spills to microplastics from everyday items like coffee cups and parking tickets. The City of Sydney’s efforts to phase out plastic-lined parking tickets had led to an 78% reduction in microplastics entering the harbour.

Seabin’s approach to managing plastic pollution was also highlighted. Initially, they sold bins to collect waste but realised they needed control over the process for it to be effective, so they shifted to providing services. Their efforts demonstrate how government policies can significantly reduce plastic waste, by showing an 80% drop in plastic straws and a 70% decline in plastic bags in Sydney Harbour after the ban.

The message was clear: innovative solutions are crucial for creating a circular economy. It’s time to invest in these approaches, reduce plastic pollution, and ensure our cities and oceans thrive.

Resources on plastic waste

Plastics circularity investment tracker tool

The Circulate Initiative
The tool offers insights into private investments in plastics circularity globally from 2018 to 2023. It provides data by geography, investment categories, and solution types, enabling users to analyse trends and compare investments across regions and sectors.
Online tool/database

Circle Economy's circularity gap report series

Circle Economy
The Circularity Gap Report series, launched annually since 2018 by Circle Economy, offers key insights into the global circular economy. Each report focuses on vital topics driving action, from the first global metric in 2018 to industry and country perspectives in subsequent years.
Benchmark/series

Driving outcomes: Scalable action and lasting impact

“Bust silos, take a systems approach and make sure local people have a seat at the table” – Dr Stacy Jupiter, Executive Director, Wildlife Conservation Society Global Marine Program

The next plenary emphasised the challenges of scaling positive projects amid mainstream economic forces. Marco Lambertini pointed out that the world was spending 30 more times as much destroying nature than armaments spending, what chance does Nature have while this war on nature continues?

He also stressed that financing must reach the grassroots quickly, and locally led initiatives have the power to spread effectively. Dr. Richard Jeo noted that while scaled finance is crucial, change starts at the community level. Understanding socio-ecological systems is key—nature is unevenly distributed, and science is vital to identify where action is needed most.

Resources on scalable action and impact

Financing a sustainable global bioeconomy

Nature Finance
This report highlights the role of bioeconomy finance in addressing climate, nature, and equity goals. This report analyses challenges, instruments, and opportunities for financing the bioeconomy globally, advocating for integrated strategies and international collaboration. It emphasises equitable development, biodiversity conservation, and the potential for job creation and economic growth.
Research
1 September 2024

Financial system interactions with ecosystem tipping points: Evidence from the Brazilian Amazon and Indonesian peatlands

UCL Institute for Innovation and Public Purpose
Examining the interplay between financial systems and ecological thresholds, this research identifies pivotal financial flows linked to land use changes in the Brazilian Amazon and Indonesian peatlands. It proposes targeted interventions to steer these investments towards sustainable practices, emphasising the need for global policy alignment to mitigate the systemic risks posed by ecosystem tipping points.
Research
7 October 2024

Sustainable ocean: A sea of opportunities

“We need investment that is co-designed, not imposed”

The next plenary explored the vast potential of the ocean and the urgent need for a science-to-policy approach. We’ve only mapped a quarter of the seafloor, and what we know is constantly changing due to climate change. The session highlighted the importance of global data sharing—currently, only 3% of ocean data from private companies is shared, and Australia contributes just 0.1%.

It was emphasised that we must not only share ideas on marine conservation but also act on them. Investment in ocean conservation must be co-designed with local communities rather than imposed. The panel reminded us that fighting for the ocean means fighting for humanity itself, and we need to ensure our actions are led by those who know the ocean best.

Resources on sustainable oceans

Diving deep: Finance, ocean pollution and coastal resilience

United Nations Environment Programme Finance Initiative (UNEP FI)
This report explores how financial institutions can drive sustainability in ocean-linked sectors, focusing on coastal infrastructure and waste management. It highlights sustainable financing principles, encouraging banks, insurers, and investors to mitigate environmental risks and support nature-based solutions for climate resilience, biodiversity, and economic prosperity in the blue economy.
Research
1 March 2022

Making progress on metrics – good vs perfect

The next session, ‘Making Progress on Metrics: Good vs Perfect,’ focused on the balance between actionable and comprehensive metrics. The panel discussed the importance of using practical, bottom-up approaches that account for ecosystems and species, rather than relying solely on top-down approaches often used by financial institutions. Google shared its Earth Engine platform, which supports researchers and NFPs with access to over 700 curated datasets. The platform is already helping with supply chain monitoring and environmental management.

The panel emphasised that the first question when collecting data should be: why do you need it? Whether for de-risking or making claims, it’s crucial to understand the purpose. The discussion also addressed the importance of integrating quantitative data with narrative-driven storytelling to effectively communicate progress. Ultimately, it’s not about striving for perfect metrics—it’s about doing what is necessary to drive meaningful action.

Resources on metrics

Finance for biodiversity: Guide on biodiversity measurement approaches

Finance for Biodiversity Foundation
The report offers financial institutions insights into measuring biodiversity impacts and dependencies through selected approaches, including sector and location screening, and biodiversity footprinting. It emphasises tools like ENCORE and IBAT, with a focus on alignment with global biodiversity goals and effective biodiversity risk assessment in portfolios.
Research
23 March 2024

Looking ahead: Delivering on nature positive plans

“The job of every generation is to give hope to the next.”

The final plenary, ‘Looking Ahead: Delivering on Nature Positive Plans,’ called for both tangible and intangible values to be recognised, especially by Indigenous peoples. The speakers stressed the need for radical acceptance of the data we have, and a shift in our thinking from compliance to creative participation.

Resources on delivering nature positive plans

Advancing resilient nature positive insurance in Australia

Insurance Council of Australia
This report highlights the essential role of nature in supporting the global economy, underscoring the insurance sector's crucial function in managing financial and economic risks linked to nature loss. This encompasses integrating nature-related considerations into underwriting and investment activities and advancing nature-positive insurance practices.
Research
3 October 2024

Investing in natural capital: Innovations supporting much-needed financing for nature

World Economic Forum
The report highlights the growing importance of natural capital in economic and environmental sustainability. It emphasises technological advances, innovative financial instruments, and new business models that support nature-positive investments. The report also presents case studies showcasing successful projects aimed at preserving biodiversity and scaling investments in natural capital through innovative financing mechanisms and technology-driven solutions.
Research
24 September 2024

Nature investor toolkit: Understanding nature-related risks and opportunities and supporting investors to assess, engage and take action

Responsible Investment Association Australasia
The toolkit helps investors identify, assess, and manage nature-related risks and opportunities in their portfolios. It provides guidance on how to engage with stakeholders, evaluate investment impacts on nature, and explore emerging tools for nature-positive outcomes. The toolkit also highlights strategies to mitigate risks and seize nature-related investment opportunities.
Research
13 September 2024

Conclusion

As we look ahead, it’s clear that the journey to a nature-positive future will require each of us—individuals, businesses, governments, and communities—to take bold steps forward. The insights shared at the Global Nature Positive Summit remind us that change is not only possible but necessary. By embracing collaboration and courageous action, we can build a future where both people and nature thrive.

Scientists have constantly warned us that we are on the brink of no return. All of us at the summit have the privilege to make positive change for nature—so why not use that power for good? Let’s keep pushing forward and continue to change finance for good. Together, we can create a thriving, nature-positive future that leaves a lasting legacy for generations to come.

For more resources relating to the Global Nature Positive Summit, you can head over to: