State of Finance for Nature 2023: The Big Nature Turnaround - Repurposing $7 Trillion to Combat Nature Loss

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2023-12Author
United Nations Environment Programme
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RT Generic T1 State of Finance for Nature 2023: The Big Nature Turnaround - Repurposing $7 Trillion to Combat Nature Loss A1 United Nations Environment Programme YR 2023-12 LK https://wedocs.unep.org/20.500.11822/44278 PB United Nations Environment Programme AB TY - GEN T1 - State of Finance for Nature 2023: The Big Nature Turnaround - Repurposing $7 Trillion to Combat Nature Loss AU - United Nations Environment Programme Y1 - 2023-12 UR - https://wedocs.unep.org/20.500.11822/44278 PB - United Nations Environment Programme AB - @misc{20.500.11822_44278 author = {United Nations Environment Programme}, title = {State of Finance for Nature 2023: The Big Nature Turnaround - Repurposing $7 Trillion to Combat Nature Loss}, year = {2023-12}, abstract = {}, url = {https://wedocs.unep.org/20.500.11822/44278} } @misc{20.500.11822_44278 author = {United Nations Environment Programme}, title = {State of Finance for Nature 2023: The Big Nature Turnaround - Repurposing $7 Trillion to Combat Nature Loss}, year = {2023-12}, abstract = {}, url = {https://wedocs.unep.org/20.500.11822/44278} } TY - GEN T1 - State of Finance for Nature 2023: The Big Nature Turnaround - Repurposing $7 Trillion to Combat Nature Loss AU - United Nations Environment Programme UR - https://wedocs.unep.org/20.500.11822/44278 PB - United Nations Environment Programme AB -View/Open
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Almost $7 trillion is invested annually in practices detrimental to nature from both public and private sector sources globally.
For the first time, the 2023 edition of the State of Finance for Nature report estimates the scale of nature-negative finance flows from both public and private sector sources globally. The figure is daunting – almost US$7 trillion per year - and is likely to be an underestimate given it includes only direct impacts. This sum underscores the urgency to address the interconnected crises of climate change, biodiversity loss, and land degradation.
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