Of Finance state for nature The report calls for funding from the current level of १ 133 billion from public sources with a total investment of .3 1.3 billion by 2020.
Save nature now
“If we do not adequately fund nature-based solutions, we will affect countries’ ability to make progress in key areas such as education, health and employment,” he added. “If we don’t save nature now, we won’t be able to achieve sustainable development.”
The United Nations agency has produced the report in conjunction with the World Economic Forum (WEF) and the Economic Land Degradation (ELD) initiative, in collaboration with the Giant Economics Agency, a German development agency.
To bridge this gap, partners are moving to put government, financial institutions and business at the center of economic decision-making.
It is necessary to build more permanently than this COVID-19 Epidemics, as well as other measures such as the reconstruction of agricultural and fossil fuel subsidies and the creation of other economic and regulatory incentives.
Private capital is important
Although investment in nature contributes to the health of all individuals, improves the quality of life and creates employment, it contributes to the estimated economic incentive costs of epidemics. cent is only. Therefore, private capital will have to be increased to close the investment gap.
Solutions such as forest management, conservation and restoration alone will cost a total of in 20 billion worldwide. The report suggests investing in financial investment organizations for conservation, for example.
The private sector has taken a number of initiatives in the past, but the authors stressed the need for companies and organizations to commit to promoting finance and investment in nature-based solutions.