The IPBES assessment of the impact and dependence of business on nature aims to strengthen the knowledge base to support efforts by business to achieve the 2050 Vision for Biodiversity–living in harmony with nature–and the objectives of the Convention on Biological Diversity. In a collaborative effort involving experts from various knowledge systems, scientific disciplines and business sectors, it categorizes the dependencies and impacts of business and financial institutions on nature; assesses methods for measuring such dependencies and impacts; and assesses options for actions by businesses and other societal actors that interact with them. This session welcomes the assessment’s team to give an overview of its content, key messages and knowledge gaps. Abstracts should cover topics from chapters 1-6 and their cross-cutting issues related (but not resumed) to: 1. presenting the assessment’s framework and laying out the context for understanding how businesses interact with nature; 2. how businesses depend on biodiversity–typology of dependencies; synergies and trade-offs; 3. how businesses impact biodiversity–business impact types and pathways; synergies and trade-offs; 4. approaches for measurement, including frameworks, metrics, indicators, models, data, and tools; 5. options for action by businesses to contribute to transformative change and sustainable development by using measures of impact and dependence; 6. options for action by Governments, the financial sector, Indigenous People and local communities and civil society to create an enabling environment for business to achieve the 2050 Vision for Biodiversity. The session concludes by identifying opportunities for actors to contribute to bending the curve of biodiversity loss through a whole-of-society approach