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Conservation International and BHP Renew Partnership to Tackle Climate Change and Conserve Biodiversity

August 7, 2019

Through this partnership, BHP has invested more than US$ 50 million in conservation projects — conserving hundreds of thousands of hectares of high conservation value land in Australia, Chile, Kenya, and Peru, protecting 16 threatened species and enhancing the livelihoods of 2,500 people. BHP also integrated forest carbon into its broader climate change strategy, through support for REDD+, the United Nations program for reducing emissions from deforestation and forest degradation.

The new, five-year global alliance will build off previous investments in conservation projects, providing funding to protect additional high-carbon ecosystems such as tropical forests, mangroves and peatlands that help people both mitigate and adapt to the effects of climate change. Conservation International and BHP will also work together to increase private sector funding and market stimulation for natural climate solutions and develop and implement a framework for evaluating BHP’s impact on and benefits to biodiversity. The biodiversity metrics within this framework could then be scaled across, and beyond, the resources sector.

Natural climate solutions — including REDD+ and restoration of degraded lands— can provide more than 30 percent of the emissions reductions needed to keep temperature rise below 1.5 degrees Celsius. With little more than a decade left to achieve this, according to a recent special report by the Intergovernmental Panel on Climate Change (IPCC), accelerating implementation and support for natural climate solutions via various stakeholders is critical.

“BHP CEO Andrew Mackenzie’s recent announcement further demonstrates BHP’s commitment to addressing our global climate crisis, by driving additional investment in natural climate solutions, establishing a new medium-term target to reduce its own GHG emissions and supporting collective action on climate change,” said Jennifer Morris, President of Conservation International. “We are excited to continue working with BHP, which is leading the natural resources sector in both tackling the impact of its operations, as well as making broader investments in conservation. The Conservation International-BHP Alliance sends a strong message about the importance of partnership in protecting nature for the benefit of us all.”

“As our CEO Andrew Mackenzie stated in our recent announcement, the global response to climate change requires an ‘all of the above’ approach, which includes harnessing the significant contribution nature can make. Over the past eight years, our Alliance with Conservation International has delivered enduring benefits to biodiversity and ecosystems and stimulated investment in natural climate solutions, providing a tangible demonstration of our stated commitment to addressing climate change,” said Fiona Wild, Vice President of Climate Change and Sustainability at BHP. “We are proud today to announce a continuation of this successful collaboration with Conservation International, to maintain the momentum on our collective efforts to support the achievement of the UN Sustainable Development Goals, the Paris Agreement and the Convention on Biological Diversity.”

Through the global alliance, Conservation International and BHP aim to demonstrate leadership in environmental performance and accelerated action on climate change that others — including companies and governments — can replicate to work towards a sustainable, climate-resilient future.

About Conservation International

Conservation International uses science, policy and partnerships to protect the nature that people rely on for food, fresh water and livelihoods. Founded in 1987, Conservation International works in more than 30 countries on six continents to ensure a healthy, prosperous planet that supports us all. Learn more about Conservation International, the groundbreaking “Nature Is Speaking” campaign and its series of virtual reality projects: “Drop in the Ocean”, “My Africa,” “Under the Canopy” and “Valen’s Reef.” Follow Conservation International’s work on our Human Nature blog, Facebook, Twitter, Instagram and YouTube.

About BHP

BHP is a world-leading resources company. The Company extracts and processes minerals, oil and gas, with more than 62,000 employees and contractors, primarily in Australia and the Americas. Their products are sold worldwide, with sales and marketing led through Singapore and Houston, United States.