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.