Given the scale of today’s environmental challenges, the mobilization of private finance for sustainable land-use and nature-based solutions will be essential to preserve biodiversity, land and shield from the effects of climate change.
Biodiversity is critical to the sustainability of life on Earth, helping to stabilize the climate, maintain soil fertility and secure the well-being of human societies. Healthy ecosystems provide shelter, food and medicine, while forests and oceans act as huge carbon sinks. Unfortunately, 12 million hectares of land are being degraded each year and lost to desertification and drought. Further natural habitats and unique landscapes are being destroyed at an alarming rate, and the cost of inaction is rising. Overall, nature suffers from over-exploitation and underinvestment. As a result, there is an urgent need to mobilize finance at scale to invest in nature based solutions to the ongoing climate, land and biodiversity crises.
On the international stage, global responses such as the “New Deal for Nature,” including all stakeholders, need to be supported. Besides regional and global forest and landscapes restoration initiatives (20×20, AFR100 and the Bonn Challenge among others) and CBD and UNCCD restoration goals including the Land Degradation Neutrality (LDN) target (SDG 15.3 target) represent opportunities to unleash investment. The private sector has a key role to play, alongside scientists, civil society and governments. And it is great to witness the current momentum from the private sector toward the COP15 of the Convention on Biological Diversity in China in 2020 and the UN Decade on Ecosystem Restoration launching in 2021.
In November 2019, several key events in Europe are addressing this need.
To seize synergies and build momentum, a joint effort between these initiatives will lead to common outcome documents and knowledge products, thus contributing to unleashing natural capital investment opportunities at scale.
For more information, please contact:
Ludwig Liagre, Global Landscapes Forum Sustainable Finance Advisor email@example.com
Natacha Boric, Finance for Tomorrow, Project Manager firstname.lastname@example.org
Neil Porteous, Environmental Finance, Business Development Manager email@example.com
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