This news item relates to the EFI-led initiative which ran from 2020 to September 2023
The Circular Bioeconomy Alliance is delighted to announce that two new organisations have joined its work to place nature and people at the heart of a global circular bioeconomy.
GSK is a global biopharma company with a purpose to unite science, technology and talent to get ahead of disease together. It is committed to a net zero, nature positive, healthier planet with ambitious goals set for 2030 and 2045. GSK is investing in high quality nature protection and restoration projects that support its climate and nature goals, and deliver co-benefits to human health.
Earthbanc is a tech enabled nature based carbon project developer on a mission to accelerate landscape regeneration and carbon sequestration at scale to avoid runaway climate change. The company has a partnership with the UNCCD to leverage Earthbanc’s MRV App and sustainable finance products to support the restoration of 2.5 billion hectares of land by 2030. Earthbanc is a top innovator in the 1 Trillion Trees platform and a winner of the Mastercard Lighthouse FINITIV program.
CBA Chair Marc Palahí said: “The two new members of CBA, GSK and Earthbanc, represent very well the cross-sectoral ambitions of our Alliance and the vision we have for our world: a healthy world that prospers in harmony with Nature.”
GSK Partnerships & Strategy Director Adele Cheli said: “Investing in nature protection and restoration projects is an important step for our climate and nature goals, as well as positively impacting human health. We are delighted to join CBA, a network of likeminded organisations working to address shared challenges.”
Earthbanc CEO Tom Duncan said: “We are joining CBA today, to massively scale up our nature based carbon and circular bioeconomy projects in partnership with farmers and innovative business leaders. Mobilising private sector commitments and funding is essential to help humanity and nature to thrive in harmony and abundance, now and for future generations.”
The Circular Bioeconomy Alliance was established in 2020 by His Majesty King Charles III (formerly His Royal Highness The Prince of Wales).
CBA activities include its global network of Living Labs for Nature, People and Planet, which are the start of a journey towards sustainable and resilient communities and landscapes. The Living Labs use nature-based landscape restoration projects as the starting point to catalyse the development of circular bioeconomy value chains while restoring biodiversity, mitigating and adapting to climate change and enhancing local livelihoods.
The Alliance is facilitated by a Secretariat hosted by the European Forest Institute.
For more information please contact: Yitagesu Tekle, CBA Coordinator (firstname.lastname @ efi.int)
Photo: Adobe.stock – Nabodin