The State of Finance for Nature in the G20: Leading by Example to Close the Investment Gap
Date
2022-01Author
United Nations Environment Programme
Economics of Land Degradation Initiative
World Economic Forum
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RT Generic T1 The State of Finance for Nature in the G20: Leading by Example to Close the Investment Gap A1 United Nations Environment Programme, Economics of Land Degradation Initiative, World Economic Forum YR 2022-01 LK https://wedocs.unep.org/20.500.11822/37919 PB AB TY - GEN T1 - The State of Finance for Nature in the G20: Leading by Example to Close the Investment Gap AU - United Nations Environment Programme, Economics of Land Degradation Initiative, World Economic Forum Y1 - 2022-01 UR - https://wedocs.unep.org/20.500.11822/37919 PB - AB - @misc{20.500.11822_37919 author = {United Nations Environment Programme, Economics of Land Degradation Initiative, World Economic Forum}, title = {The State of Finance for Nature in the G20: Leading by Example to Close the Investment Gap}, year = {2022-01}, abstract = {}, url = {https://wedocs.unep.org/20.500.11822/37919} } @misc{20.500.11822_37919 author = {United Nations Environment Programme, Economics of Land Degradation Initiative, World Economic Forum}, title = {The State of Finance for Nature in the G20: Leading by Example to Close the Investment Gap}, year = {2022-01}, abstract = {}, url = {https://wedocs.unep.org/20.500.11822/37919} } TY - GEN T1 - The State of Finance for Nature in the G20: Leading by Example to Close the Investment Gap AU - United Nations Environment ProgrammeUnited Nations Environment Programme, Economics of Land Degradation InitiativeEconomics of Land Degradation Initiative, World Economic Forum UR - https://wedocs.unep.org/20.500.11822/37919 PB - AB -View/Open
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The State of Finance for Nature in the G20’ report attempts to capture the complete amount and future need for G20 country spending on nature-based solutions assets and activities. It reveals that current G20 investments in nature-based solutions are insufficient, at USD 120 billion/year, and G20 Official Development Assistance and private sector investments are small when compared with domestic government spending.
The report calls for G20 countries to scale-up annual nature-based solutions spending to USD 285 billion by 2050 to tackle the inter-related nature, climate, and land degradation crises on which much of our economies are dependent, and provides recommendations to align development and economic recovery with nature goals through setting quantifiable monetary objectives, governance and policy options, and devices to facilitate systemic changes to meet this investment gap.
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