Businesses can both contribute to and benefit from sharing open data on biodiversity. Many companies make use of free and open location-specific data and information through GBIF to support evidence-based decision-making and inform corporate responses to new reporting requirements for biodiversity. Meanwhile, a growing network of private enterprises use GBIF as a platform for sharing data collected during their operations, often closing gaps in global knowledge of biodiversity.
The combined value of these activities helps businesses and financial institutions to reduce biodiversity-related risks and to increase their positive impacts toward Target 15 under the Kunming-Montreal Global Biodiversity Framework.
