A new report by the United Nations (UN) outlines the investment needed to meet biodiversity, climate change, and land use targets. Approximately $4.1 trillion of investment is needed in nature by 2050. This number is triple the current investment.
This is approximately 0.1% of global GSP in order to protect valuable ecosystem services that provide billions of dollars of value to us, including food, flood protection, and clean water.
“The dependency of global GDP on nature is abstract but what we really mean are livelihoods, jobs, people’s ability to feed themselves, and water security,” said Teresa Hartmann, the WEF lead on climate and nature in The Guardian. “If we don’t do this, there are irreversible damages. The four-trillion gap we describe cannot be filled later on. There will be irreversible damages to biodiversity that we can no longer fix.”
Governments invest about $133 billion annually into nature, including forest and peatland restoration, regenerative agriculture, and pollution control.
The report suggests aligning private finance with public policy as private finance is only 14% of financing for nature-based solutions.
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