Businesses urged to develop biodiversity-based business models

Indonesia Business Council for Sustainable Development (IBCSD) officially launched the Indonesia Biodiversity Business Action Plan (KIRANAS) 2026–2028, developed in collaboration with Business for Nature. The initiative coincides with the International Biodiversity Day 2026, organised by the Ministry of Environment (KLH).

The document serves as a roadmap to help businesses support biodiversity protection and restoration in Indonesia. As a megadiverse country with over 17,000 islands, Indonesia’s ecosystems form the foundation of community life and various economic sectors.

For businesses, biodiversity is crucial for operational sustainability, from raw material availability, supply chain resilience, to ecosystem services such as water and soil fertility. However, pressures on biodiversity continue to rise. In 2024, around 16.8% of mangrove ecosystems and 28.9% of coral reefs were reported degraded, while net deforestation reached 175,400 hectares.

Loss of biodiversity is accelerated by land use changes, natural resource exploitation, pollution, climate change, and forest and land fires. Amidst this, businesses must integrate biodiversity aspects into their strategies due to increasing demands from markets, investors, and global supply chains.

However, many companies still face gaps between commitments and operational implementation. KIRANAS was developed to bridge this gap. Through a structured approach, it helps businesses assess risks and dependencies on biodiversity, set action priorities, and integrate nature-positive principles into business decisions.

“Biodiversity is increasingly becoming a strategic issue for businesses. Amid climate change, global supply chain dynamics, and rising international sustainability standards, companies are required to build business models that are not only competitive but also resilient and responsible towards nature,” said Shinta W Kamdani, Honorary Trustee of IBCSD.

She explained that KIRANAS also helps ensure businesses can align their actions with various development agendas, including the National Medium-Term Development Plan (RPJMN) 2025–2029, IBSAP 2025–2045, FOLU Net Sink 2030, and Net Zero Emissions 2060 targets, while responding to global frameworks like the Kunming-Montreal Global Biodiversity Framework (KMGBF).