The Finance for Nature Virtual Global Series, delivered by UNDP, UNEP, the Scottish Government-backed Global Ethical Finance Initiative, the New York Declaration on Forests Global Platform and Climate Advisers will accelerate momentum on nature-based finance in advance of the UN Climate and Biodiversity COPs in 2021.
Bringing together industry champions from finance, insurance, consumer goods companies and standard-setting regulators to the series aims to drive practical commitments on investing in nature.
With scientific evidence continuing to reinforce the severity of climate change, the potential disruption and financial implications have risen to the top of the agenda for governments, financial institutions and businesses across the globe. Nature-based solutions, defined as actions to protect, sustainably manage, and restore nature to tackle socio-environmental challenges, can provide more than a third of the climate mitigation needed to meet carbon emission goals set in the Paris Agreement.
But the question remains: how deeply do existing pledges and policies include actionable targets and budgets for nature and forests?
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