In the face of the interconnected crises of nature loss and climate change, investing in forest conservation and restoration can benefit businesses as they become leading actors in the transition to a nature-positive, net-zero economy. In this context, businesses are under increasing pressure from governments, consumers and investors to avoid, reduce and mitigate their carbon emissions and reduce their impact on nature and biodiversity. Many businesses are directly vulnerable to the effects of nature loss and climate change: $44 trillion of economic value generation is dependent on nature and its services.1 Forest destruction and degradation is accelerating the climate and nature crises, with tropical tree cover loss generating almost 5 GtCO2e in annual emissions.2 Halting business practices that contribute to nature and forest loss and climate change is a vital priority. At the same time, investments in forest conservation and restoration are urgently needed to safeguard business interests and reverse the damage that has already been done. Forests already absorb around 7.6 billion tonnes of CO2e per year (net absorption), 1.5 times more CO2e than the United States emits annually,3 and responsible forest conservation and restoration can be a cost-effective solution to remove atmospheric carbon and build climate resiliency. Investing in forests protects and restores the essential biodiversity and ecosystem services that societies and economies depend on.