World invests 30 times more to destroy nature than to protect it
Investment in nature-based solutions needs to grow by 2.5 times to US$571 billion per year by 2030.
‘Nature-negative’ finance flows – investment that harms nature – outpace capital spent on nature protection by a factor of 30 to 1, according to a new UN Environment Programme (UNEP) report.
The analysis identified US$7.3 trillion in total nature-negative finance flows in 2023, including US$4.9 trillion from private sources highly concentrated in utilities, industrials, energy, and basic materials, and US$2.4 trillion in public environmentally harmful subsidies to fossil fuels, agriculture, water, transport and construction.