UNEP’s State of Finance for Nature Report 2022 found that governments, businesses and financial institutions need to triple their annual investments in nature to limit global warming, halt biodiversity loss, achieve land degradation neutrality and meet the Sustainable Development Goals. Finance flows to nature-based solutions are currently at US$154 billion per year – a third of the US $484 billion needed annually by 2030.
UNEP is working with partners to unlock financing for nature. For example, the UNEP-supported Responsible Commodities Facility mobilized over US$11 million in investment from major supermarkets in the United Kingdom and Northern Ireland to incentivize Brazilian farmers to use deforestation- and conversion-free soy cultivation. Meanwhile, UNEP’s Restoration Factory Incubator Program, which supports restoration-focused small and medium enterprises, welcomed a new Kenya-based cohort and expanded operations to Viet Nam by launching a Sustainable Forest Trade Incubation Program.
