More and more governments around the world recognize that the climate and nature loss agendas are inextricably intertwined. One cannot be solved without the other. The challenge is financing.
Annual financing for nature-positive efforts stands between $124 billion and $143 billion from all sources. The UN Environment Programme calls for a doubling of finance flows to restore the nature on which we all depend. This will only be possible by supporting ambitious international, national and community commitments, and by combining all types of finance: public and private, domestic and international, and innovative new funding models including high-quality nature-based carbon solutions, debt restructuring and payments for ecosystem services. While all public and private actors mobilize more financial resources, all governments should revert, eliminate and phase out perverse incentives, subsidies and policies that are harmful to biodiversity. Doing so would substantially decrease the cost of conservation and restoration.
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hhttps://www.weforum.org/agenda/2023/07/climate-finance-pfp/