Governments urged to redirect $1trn of planet-wrecking subsidies to nature conservation and restoration
Governments collectively funnel more than $1trn of subsidies into businesses that harm nature, including fossil fuel majors, mining giants and industrial agriculture, every year.
The global biodiversity funding gap could surpass $824bn by 2030, Global Canopy warns
That is according to new research from think-tank Global Canopy, which was set up to prevent the destruction of natural habitats. The organisation’s ‘Little Book of Investing in Nature’ includes data from organisations including the World Economic Forum, WWF and the UN, alongside analysis and commentary from experts at the International Development Finance Club (IDFC) and Cornell Atkinson Center for Sustainability.