“Today marks the release of a new Earth Track analysis, Protecting Nature by Reforming Environmentally Harmful Subsidies: The Role of Business, written by Ronald Steenblik and myself. Ron and I have worked together on subsidy transparency, valuation and reform for more than a quarter century at this point, and his expertise has always been hugely helpful in thinking these issues through. The paper is a good place to get an introduction to what environmentally harmful subsidies are, why they are a problem, their scale, what had been done to stop them over the past few decades, why new approaches are needed, and what those new approaches might look like. The paper assesses environmentally harmful subsidies across the key sectors behind most of the world’s greenhouse gas emissions: fossil fuels, agriculture, forestry, water, construction, transport, marine capture fisheries, and hardrock mining. It was commissioned by The B Team, which provided partial funding. Business for Nature has overseen much of the outreach. Both organizations have strong engagement with key business and civil society leaders, people who can adopt and scale some of the ideas we put forth to great effect. There is much that needs to happen at the upcoming Convention on Biological Diversity COP15 meeting; we are glad to contribute to that process. In addition to the Earth Track report, background materials prepared by The B Team and Business for Nature that link the analysis to near-term needs under the CBD can be accessed at the links above…”