The company will participate in three panels during the event, which takes place from October 21 to November 1 in Cali, Colombia.
Itaipu Binacional is one of the companies in the LIFE Coalition for Business & Biodiversity delegation at COP16, the 16th Conference of the Parties to the UN Convention on Biological Diversity. The event will take place from October 21 to November 1 in Cali, Colombia, and the binational will engage in discussions on October 24, 25, and 28.
On Thursday (24th), at 6 PM (local time), Itaipu will participate in the panel “Positive Incentives: The Key to Progress,” alongside representatives from the coalition, the Global Partnership for Business and Biodiversity (GPBB), and the Grupo Boticário Foundation (FGB).
The following day, at 5:30 PM, the panel “LIFE Coalition: Business Leaders Integrating Biodiversity for Business Transformation” will feature panelists from LIFE, Itaipu, Grupo Boticário, Sanepar, Petrobras, Vale, Klabin, BRDE, and MMA.
Finally, on October 28 at 11 AM, there will be an event titled “Biodiversity Certification: A Global Solution to Address Goal 15 with Metrics for Monitoring Negative and Positive Impacts,” featuring participation from LIFE, Itaipu, C-Pack, Grupo Boticário, and SPVS.
Representing Itaipu at the event will be biologist Caroline Henn and forest engineer Luis Cesar Rodrigues da Silva from the Protected Areas Division. Also part of the binational delegation are Environmental Management Superintendent Wilson Zonin; veterinarian Aline Konell from the Protected Areas Division; and Coordination Directorate photographer Alexandre Marchetti.
COP16
COP16 is a crucial event for global biodiversity conservation, with nearly 200 countries in attendance. The conference will focus on commitments and initiatives from major companies to accelerate compliance with the Global Biodiversity Framework, particularly Goal 15, which aims to promote accountability among large companies and financial institutions regarding biodiversity.
LIFE Coalition
Launched in December 2022 during COP15 on Biodiversity in Montreal, Canada, the LIFE Coalition for Business and Biodiversity consists of a group of companies committed to accelerating the integration of biodiversity into business through concrete actions and transformative solutions. By joining forces, these companies can expedite the transition to a more sustainable future.
Itaipu Binacional played a pivotal role in the development of the LIFE methodology by being one of the first organizations to implement and validate it. As a result, this methodology became attractive to the hydroelectric sector and contributed to the creation of specific criteria tailored for large-scale infrastructure projects.
For a decade, Itaipu has employed LIFE metrics to measure and certify its positive impacts on biodiversity. As a key indicator of its overall environmental management, this practice has established a benchmark for comparable initiatives in the sector. Itaipu’s experience has been instrumental in demonstrating how the LIFE methodology can be effectively applied to projects that significantly interact with natural resources.
Among companies adopting the LIFE methodology for business and biodiversity, Itaipu consistently achieves the highest scores for biodiversity in Brazil. Its performance is approximately ten times above the minimum threshold required for Nature-Positive certification, underscoring the effectiveness of Itaipu’s socio-environmental initiatives in aligning with the objectives of the Convention on Biological Diversity.
