Approximately 40% of the global economy is based on products sourced from biodiversity or its ecological processes. The need to conserve biodiversity through strengthening the engagement of the private sector with environmental issues is paramount in reaching a balance between the increasing loss of biodiversity and sustainable development and has set the scene for the creation of LIFE Certification.
LIFE Certification is applied to those businesses concerned with the increasing risks of global environmental thresholds and that in response aim to implement robust and measurable Biodiversity Action Plans.
The main objective of estimating the organization’s impacts is to determine a referential that will serve as guideline for the conservation actions each will put in place. In other words, LIFE assesses the organizations environmental management through a scoring system in order to propose a minimum in conservation actions that such organization should put in place in order to obtain the Certification.
The Four steps comprehended by LIFE Certification process can be demonstrated in the box below: