The dual crises of climate change and biodiversity loss continue to be in the spotlight. Increasingly, it is accepted that the crises are inextricably linked, and that to solve either crisis effectively, both must be addressed together. The Kunming-Montreal Global Biodiversity Framework (GBF) sets the stage for a decade of
action on nature and biodiversity, with clear goals and targets including for financing nature and addressing the USD700 billion gap in annual biodiversity funding between now and 2030.
While there are still many challenges to overcome regarding financing nature and biodiversity, the GBF gives a clear framework to align to. Integrating biodiversity into infrastructure project level decision making can help governments achieve Global Biodiversity Framework Targets including protecting 30% of land and seas by 2030.
There is a fast-developing market for financing nature with expectations for this to grow significantly over the coming decade as governments respond to the GBF through their National Biodiversity Strategy and Action Plans (NBSAPs). The innovative public and private financing tools that are being used to finance NBSAPs and more broadly, natural ecosystems and the biodiversity therein, are explored in this report.
