Nature investment: private finance flows 140 times larger for degradation than for protection
Climate conversations increasingly include nature and biodiversity considerations, but the world must do more to put its money where its mouth is.
Nature investment needs a dramatic shift, according to a new report released by the UN at COP28 which shows that US$5 trillion of private finance goes into projects that harm nature and biodiversity every year, compared to US$35 billion invested in nature-based solutions.
Climate conversations increasingly include nature and biodiversity considerations, but the world must do more to put its money where its mouth is. An analysis of global financial flows by the UN Environment Programme (UNEP) and Global Canopy, a data-driven non-profit looking at the market drivers that negatively impact nature, shows that nature-harming investments by the private sector are 140 times higher than funding for solutions that protect natural ecosystems.
