27 Jan 2022
15:00–16:00

Venue: Online | Webex

Organization: Geneva Environment Network, UNEP Climate Finance Unit

This event will feature the findings of the new report State of Finance for Nature in the G20, which tracks global trends in public and private investment in nature-based solutions.

About this Session

If the world is to meet the climate change, biodiversity, and land degradation targets, it needs to close a USD 4.1 trillion financing gap in nature by 2050. This is according to the State of Finance for Nature, released by UNEP, WEF, ELD and Vivid Economics in May 2021, which tracks global trends in public and private investment in nature-based solutions (NbS). It aims to improve data quality and identify opportunities for governments, businesses and financiers.

With current investments in NbS amounting to USD 133 billion (about 0.10 per cent of global GDP), most of these come from public sources. The report calls for investments in NbS to triple by 2030 and to increase four-fold by 2050 from the current level. While an increase in public funding would help plug some of the gap, there needs to be a significant increase in private sector investment in NbS.

As such, shortly after the World Economic Forum Annual Meeting and the 15th Conference of the Parties to the Convention on Biological Diversity (COP-15) this year, this session aims to present the outcomes of the State of Finance for Nature in the G20.

Registration

The event will take place online. Kindly register directly on the Webex platform.

Video

In addition to the live WebEx and Facebook transmissions, the video will be available on this webpage.

Links