State of Finance for Nature in Cities 2023: Time to Assess - Summary for local policymakers
Date
2023Author
United Nations Environment Programme
Penn Institute for Urban Research, University of Pennsylvania
Cities Climate Finance Leadership Alliance
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RT Generic T1 State of Finance for Nature in Cities 2023: Time to Assess - Summary for local policymakers A1 United Nations Environment Programme, Penn Institute for Urban Research, University of Pennsylvania, Cities Climate Finance Leadership Alliance YR 2023 LK https://wedocs.unep.org/20.500.11822/45610 PB AB TY - GEN T1 - State of Finance for Nature in Cities 2023: Time to Assess - Summary for local policymakers AU - United Nations Environment Programme, Penn Institute for Urban Research, University of Pennsylvania, Cities Climate Finance Leadership Alliance Y1 - 2023 UR - https://wedocs.unep.org/20.500.11822/45610 PB - AB - @misc{20.500.11822_45610 author = {United Nations Environment Programme, Penn Institute for Urban Research, University of Pennsylvania, Cities Climate Finance Leadership Alliance}, title = {State of Finance for Nature in Cities 2023: Time to Assess - Summary for local policymakers}, year = {2023}, abstract = {}, url = {https://wedocs.unep.org/20.500.11822/45610} } @misc{20.500.11822_45610 author = {United Nations Environment Programme, Penn Institute for Urban Research, University of Pennsylvania, Cities Climate Finance Leadership Alliance}, title = {State of Finance for Nature in Cities 2023: Time to Assess - Summary for local policymakers}, year = {2023}, abstract = {}, url = {https://wedocs.unep.org/20.500.11822/45610} } TY - GEN T1 - State of Finance for Nature in Cities 2023: Time to Assess - Summary for local policymakers AU - United Nations Environment ProgrammeUnited Nations Environment Programme, Penn Institute for Urban Research, University of PennsylvaniaPenn Institute for Urban Research, University of Pennsylvania, Cities Climate Finance Leadership Alliance UR - https://wedocs.unep.org/20.500.11822/45610 PB - AB -View/Open
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Nature-based solutions can help cities become more resilient, healthy and equitable. But for urban nature to reach its full potential, investments need to be substantially scaled up. In 2020, NbS received just 0.3% of overall spending on urban infrastructure, and investments are unequally distributed across and within cities. With this publication, UNEP and the Penn Institute for Urban Research outline gaps and opportunities for NbS financing in cities, best practices from around the world, and actions that local governments, financial stakeholders, private sector and knowledge partners can take to scale up investments for nature in cities.
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