Summary for Decision-makers - State of Finance for Nature: The Big Nature Turnaround – Repurposing $7 trillion to combat nature loss
Date
2023-03Author
United Nations Environment Programme
University of Pennsylvania, Penn Institute for Urban Research
Cities Climate Finance Leadership Alliance
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RT Generic T1 Summary for Decision-makers - State of Finance for Nature: The Big Nature Turnaround – Repurposing $7 trillion to combat nature loss A1 United Nations Environment Programme, University of Pennsylvania, Penn Institute for Urban Research, Cities Climate Finance Leadership Alliance YR 2023-03 LK https://wedocs.unep.org/20.500.11822/41935 PB AB TY - GEN T1 - Summary for Decision-makers - State of Finance for Nature: The Big Nature Turnaround – Repurposing $7 trillion to combat nature loss AU - United Nations Environment Programme, University of Pennsylvania, Penn Institute for Urban Research, Cities Climate Finance Leadership Alliance Y1 - 2023-03 UR - https://wedocs.unep.org/20.500.11822/41935 PB - AB - @misc{20.500.11822_41935 author = {United Nations Environment Programme, University of Pennsylvania, Penn Institute for Urban Research, Cities Climate Finance Leadership Alliance}, title = {Summary for Decision-makers - State of Finance for Nature: The Big Nature Turnaround – Repurposing $7 trillion to combat nature loss}, year = {2023-03}, abstract = {}, url = {https://wedocs.unep.org/20.500.11822/41935} } @misc{20.500.11822_41935 author = {United Nations Environment Programme, University of Pennsylvania, Penn Institute for Urban Research, Cities Climate Finance Leadership Alliance}, title = {Summary for Decision-makers - State of Finance for Nature: The Big Nature Turnaround – Repurposing $7 trillion to combat nature loss}, year = {2023-03}, abstract = {}, url = {https://wedocs.unep.org/20.500.11822/41935} } TY - GEN T1 - Summary for Decision-makers - State of Finance for Nature: The Big Nature Turnaround – Repurposing $7 trillion to combat nature loss AU - United Nations Environment ProgrammeUnited Nations Environment Programme, University of Pennsylvania, Penn Institute for Urban ResearchUniversity of Pennsylvania, Penn Institute for Urban Research, Cities Climate Finance Leadership Alliance UR - https://wedocs.unep.org/20.500.11822/41935 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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