Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > SOS – A new call on businesses to respond to extinction crisis
    Top Stories

    SOS – A new call on businesses to respond to extinction crisis

    SOS – A new call on businesses to respond to extinction crisis

    Published by Gbaf News

    Posted on December 11, 2010

    Featured image for article about Top Stories
    Tags:Biological Diversityfinancial resourcesGlobal Environmentmobile technologysustainable development

    The initiative is in response to thousands of animals and plants around the world facing extinction, with species currently disappearing at a rate of up to 1,000 times higher than normal. This loss of wild plants and animals threatens basic human economic security and way of life. Healthy biodiversity is essential to human wellbeing, sustainable development and poverty reduction. Species are the most visible part of biodiversity, its building blocks. But as an example, one in four mammals, one in eight birds, one in three amphibians and one in three corals assessed for the IUCN Red List of Threatened Species™ are at risk of extinction in the wild.

    The Save our Species (SOS) initiative – launched today in Nagoya on the sidelines of the Conference on Biological Diversity meeting – is a global response to the challenge of biodiversity loss and aims to bring together financial support from private business with international conservation expertise and cooperation from countries facing species extinction.

    “Species extinction is a global phenomenon that will take global understanding, global efforts and global resources to overcome,” says World Bank Group President Robert B. Zoellick. “Our new partners from the private sector are showing a leadership role in the effort to address this crisis and we hope their efforts will inspire other companies, foundations, individuals and governments to join us.”

    SOS will provide grants for conservation action on the ground, focusing on specific threatened species and their habitats and will bring what has been greatly missing so far: coordination between many different key players. It also gives businesses a unique opportunity to become directly involved in saving the planet’s natural environment and helps companies meet their sustainable development goals.

    “Threatened species are the canaries in the global coal mine. If we can make Earth habitable to them, our societies will also thrive”, adds Monique Barbut, the CEO and Chairperson of the Global Environment Facility. “So far, the private sector has been the missing link, but the SOS Fund is providing the right opportunity for business to act decisively on this agenda while attending to their corporate bottom line.”

    A few grants have already been selected during the preparation phase, covering more than 30 species, for example to help recover populations of the Critically Endangered Saiga antelope following the death of nearly 12,000 Saiga in western Kazakhstan last May or the Critically Endangered Chinese Giant Salamander. Thanks to SOS funding, a new amphibian species, belonging to highly threatened group, was discovered recently in Colombia – the Chocó harlequin toad.

    IUCN will manage this ambitious initiative, by using the findings of the IUCN Red List of Threatened Species™ and the expertise of its thousands of experts around the world.

    “The emergency situation facing biodiversity calls for an emergency response. SOS seeks to do just that: bring the knowledge, expertise and funding together to address the plight of threatened wild animals and plants around the world,” says Julia Marton-Lefèvre, Director General of IUCN. “We know that conservation works and that we have the know-how necessary to bring wildlife back from the brink and preserve their habitats. The SOS Fund will provide the much-needed resources to make this happen.”

    SOS gives the private sector a unique opportunity to become directly involved in saving the planet’s natural environment, essentially making species the ‘new currency’. Biodiversity conservation will benefit from the financial resources and ingenuity of businesses and corporations. SOS will, in turn, help the private sector meet their goals on sustainable development, satisfying the ever-increasing green needs of shareholders, customers and employees alike.

    Funds have already started pouring into SOS, with the world’s leading mobile phone supplier and telecom networks provider Nokia being the first company to join SOS.

    ”Business has a role in safeguarding the rich variety of life on earth,” says Kirsi Sormunen, Vice President and Head of Sustainability, Nokia. “SOS – Save our Species, Save ourselves – is an important message to everyone, and Nokia is proud to be a part of this important initiative. We believe mobile technology can help us all to diminish our ecological footprint and play a key role in engaging people and raising awareness about biodiversity and the ecosystem that supports all life on our planet.”

    “Many companies use the expensive services of celebrities to promote their brand. Many have also used nature as a marketing tool at no cost. We’re giving them an opportunity to pay back for all that nature has given them and will continue to give, while making sure that their investment has an impact,” says Jean-Christophe Vié, Deputy Head of IUCN’s Species Programme and Manager of SOS. “We are delighted to see the initial enthusiastic response from companies and hope that we are at the start of a major change.”

    The initiative is in response to thousands of animals and plants around the world facing extinction, with species currently disappearing at a rate of up to 1,000 times higher than normal. This loss of wild plants and animals threatens basic human economic security and way of life. Healthy biodiversity is essential to human wellbeing, sustainable development and poverty reduction. Species are the most visible part of biodiversity, its building blocks. But as an example, one in four mammals, one in eight birds, one in three amphibians and one in three corals assessed for the IUCN Red List of Threatened Species™ are at risk of extinction in the wild.

    The Save our Species (SOS) initiative – launched today in Nagoya on the sidelines of the Conference on Biological Diversity meeting – is a global response to the challenge of biodiversity loss and aims to bring together financial support from private business with international conservation expertise and cooperation from countries facing species extinction.

    “Species extinction is a global phenomenon that will take global understanding, global efforts and global resources to overcome,” says World Bank Group President Robert B. Zoellick. “Our new partners from the private sector are showing a leadership role in the effort to address this crisis and we hope their efforts will inspire other companies, foundations, individuals and governments to join us.”

    SOS will provide grants for conservation action on the ground, focusing on specific threatened species and their habitats and will bring what has been greatly missing so far: coordination between many different key players. It also gives businesses a unique opportunity to become directly involved in saving the planet’s natural environment and helps companies meet their sustainable development goals.

    “Threatened species are the canaries in the global coal mine. If we can make Earth habitable to them, our societies will also thrive”, adds Monique Barbut, the CEO and Chairperson of the Global Environment Facility. “So far, the private sector has been the missing link, but the SOS Fund is providing the right opportunity for business to act decisively on this agenda while attending to their corporate bottom line.”

    A few grants have already been selected during the preparation phase, covering more than 30 species, for example to help recover populations of the Critically Endangered Saiga antelope following the death of nearly 12,000 Saiga in western Kazakhstan last May or the Critically Endangered Chinese Giant Salamander. Thanks to SOS funding, a new amphibian species, belonging to highly threatened group, was discovered recently in Colombia – the Chocó harlequin toad.

    IUCN will manage this ambitious initiative, by using the findings of the IUCN Red List of Threatened Species™ and the expertise of its thousands of experts around the world.

    “The emergency situation facing biodiversity calls for an emergency response. SOS seeks to do just that: bring the knowledge, expertise and funding together to address the plight of threatened wild animals and plants around the world,” says Julia Marton-Lefèvre, Director General of IUCN. “We know that conservation works and that we have the know-how necessary to bring wildlife back from the brink and preserve their habitats. The SOS Fund will provide the much-needed resources to make this happen.”

    SOS gives the private sector a unique opportunity to become directly involved in saving the planet’s natural environment, essentially making species the ‘new currency’. Biodiversity conservation will benefit from the financial resources and ingenuity of businesses and corporations. SOS will, in turn, help the private sector meet their goals on sustainable development, satisfying the ever-increasing green needs of shareholders, customers and employees alike.

    Funds have already started pouring into SOS, with the world’s leading mobile phone supplier and telecom networks provider Nokia being the first company to join SOS.

    ”Business has a role in safeguarding the rich variety of life on earth,” says Kirsi Sormunen, Vice President and Head of Sustainability, Nokia. “SOS – Save our Species, Save ourselves – is an important message to everyone, and Nokia is proud to be a part of this important initiative. We believe mobile technology can help us all to diminish our ecological footprint and play a key role in engaging people and raising awareness about biodiversity and the ecosystem that supports all life on our planet.”

    “Many companies use the expensive services of celebrities to promote their brand. Many have also used nature as a marketing tool at no cost. We’re giving them an opportunity to pay back for all that nature has given them and will continue to give, while making sure that their investment has an impact,” says Jean-Christophe Vié, Deputy Head of IUCN’s Species Programme and Manager of SOS. “We are delighted to see the initial enthusiastic response from companies and hope that we are at the start of a major change.”

    Related Posts
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Top Stories

    Explore more articles in the Top Stories category

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    View All Top Stories Posts
    Previous Top Stories PostArgentina / World Bank: US$1.061 Billion to Improve Health, Road Infrastructure, Water and Sanitation
    Next Top Stories PostWith China’s Economic Prospects Sound, the Focus Shifts to Structural Issues, According to the World Bank