Climate, biodiversity, and land degradation goals will be out of reach unless investments into nature-based solutions quickly ramp up to USD 384 billion/year by 2025, more than double of the current USD 154 billion/year.
Nature-negative flows from public sources, which are 3 to 7 times larger than investments into nature-based solutions, need to be phased out, repurposed or reformed.
Private capital only represents 17% of total investments into nature-based solutions. This will have to rise by several orders of magnitude in the coming years to finally start harnessing the power of nature to reduce and remove emissions, restore degraded land and seascapes and turn the tide on biodiversity loss. Private sector actors will have to combine ‘net zero’ with ‘nature positive’.
As the world heads towards negotiations on the post-2020 Global Biodiversity Framework, nature is still under-financed, the second edition of the State of Finance for Nature revealed on Thursday."If we are to limit global warming to below .
Nature still under-financed, says UN report ahead of biodiversity summit webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
Highway 2 (Climate) Hell counterpunch.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from counterpunch.org Daily Mail and Mail on Sunday newspapers.
Assam's leading conservationist Purnima Devi Barman has been awarded the United Nation's highest environmental honour, 'Champions of the Earth', for 2022.