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Mining with nature
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Transition Risk

Transition risk is the risk of not keeping up with development as society transitions towards sustainability. This may include changing expectations and stricter policies from investors and customers, changing legislation or technological advances by competitors.

By working proactively on biodiversity issues, a business reduces the risk of costs or lost revenue due to delays and loss of market share. There are significant societal developments driving demands and expectations that lead to an increased focus on biodiversity.

A good example

The UK is demonstrating proactive action, particularly on expansion projects. Since autumn 2021, there is a law requiring that development projects must deliver a 10% increase in biodiversity. This means, for example, that the impact on biodiversity must be net positive by 10% for infrastructure projects.

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