09 December 2023 Report

State of Finance for Nature 2023

Authors: UNEP
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The State of Finance for Nature annual report series tracks finance flows to nature-based solutions (NbS) and compares them to the finance needed to maximise the potential of Nature based Solutions to help tackle climate, biodiversity and degradation challenges.

For the first time, this edition estimates the scale of nature-negative finance flows from both public and private sector sources globally. Nature based Solutions (NbS) provide critical investment opportunities as they are cost-effective and provide multiple benefits. 

The report focuses on current levels of NbS implementation and finance and how much finance for NbS is needed to reach specific Rio targets – limit climate change to 1.5°C, protect 30 per cent of land and sea by 2030 (30x30 target) and reach land degradation neutrality (LDN) by 2030. The NbS finance gap is the difference between current finance flows and the Rio-aligned scenario NbS finance needs.

The Big Nature Turnaround - Repurposing $7 trillion to combat nature loss

For the first time, the 2023 edition of the State of Finance for Nature report estimates the scale of nature-negative finance flows from both public and private sector sources globally. 

Global annual finance flows of $7 Trillion fueling climate, biodiversity, and land degradation crises

Close to $7 trillion is invested globally each year in activities that have a direct negative impact on nature from both public and private sector sources - equivalent to roughly 7 per cent of global Gross Domestic Product (GDP).