Saturday, September 30, 2023
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

Financing Nature: Closing the Global Biodiversity Financing Gap

in Environment
Financing nature: closing the global biodiversity financing gap
Share on LinkedinShare on WhatsApp

The Paulson Institute, The Nature Conservancy, and the Cornell Atkinson Center for Sustainability today revealed the findings of Financing Nature: Closing the Global Biodiversity Financing Gap report. This major new report makes the economic case for valuing nature and calculates the full scale of the gap between what is needed to sustainably manage biodiversity and maintain the integrity of Earth’s ecosystems, compared with what is currently invested in conserving nature.

The report reveals that the biodiversity financing gap – estimated at between $598 billion to $824 billion per year over the next ten years – is significant but not insurmountable and can be bridged by implementing a set of nine financial and policy mechanisms.

The study notes that human activities are causing one of the most dramatic extinction crises in planetary history, resulting not only in damage to natural ecosystems but presenting enormous risks to human prosperity and well-being. Current rates of loss of biological diversity are being driven in large part by humanity’s tendency to favor short-term economic gains over our collective long-term social, economic, and environmental security and sustainability.

Beyond the warnings of the systemic impacts of global biodiversity loss on the economy, the recommendations in the report also presents solutions that prescribe how to transform current economic models and market systems though a gathering of political will, broad public support, and the redirection of capital away from economic activities that devastate biodiversity and into investments that will incentivize the conservation and restoration of nature. Notably, by tackling harmful subsidies and implementing innovative financing mechanisms and economic policies, governments can play a pivotal role in reducing destructive practices and catalyzing additional financing from the private sector.

“Biodiversity loss presents profound risks to human prosperity and well-being. As with any serious risk we face, the rational response is to hedge against this possibility. In the case of biodiversity loss, this means committing to comprehensive, worldwide effort to appropriately value, protect, and restore nature,” says Henry M. Paulson, Jr., former US Treasury Secretary and Chairman of the Paulson Institute.

Commenting further on the report’s findings, The Nature Conservancy’s CEO Jennifer Morris says, “Amid a global pandemic and world economic strife, nature is currently taking a back seat. Continued global biodiversity loss will leave our planet, people, and economies in peril. The time has come to fundamentally and urgently rethink our relationship with nature. This milestone study is a blueprint for decision-makers on how to close the financing gap for nature—and makes it clear that we can, and must, transform our economic models and market systems to take nature’s full value into account.”

“The Financing Nature report paints a sobering picture of how much new capital must be directed to biodiversity protection. It also underlines that the challenge can be met through smart policies and better management of our impacts on nature. While the public sector is crucial, the analysis and recommendations in Financing Nature highlight that there is a realistic pathway for the business and finance sector to go from being part of the problem, to being a critical part of the solution to biodiversity loss,” according to John Tobin, Professor of Practice of Corporate Sustainability at Cornell University and an authority on biodiversity finance.

As governments race to heal their economies from the impacts of COVID-19, the value and preservation of global ecosystems must remain front and center in sustainable recovery plans. The timing of this landmark report is designed to inform, educate, and serve the national delegations and other international negotiators currently involved in the development of the next set of 10-year global biodiversity targets, expected to be brokered at next year’s UN Biodiversity Conference COP15 in Kunming, China.

Tags: biodiversityfinancingValuing Nature

Related Posts

Mineral mining could affect us water supply
Environment

Mineral mining could affect US water supply

Mississippi drought could cause new orleans drinking water emergency
Environment

Mississippi drought could cause New Orleans drinking water emergency

Underground heat may affect building integrity
Environment

Underground heat may affect building integrity

Lego nixes plans for recycled bricks
Environment

Lego nixes plans for recycled bricks

67 countries sign un ocean treaty
Environment

67 countries sign UN ocean treaty

Un head urges for end of fossil fuel subsidies
Environment

UN head urges for end of fossil fuel subsidies

Deep-sea mining could be source of minerals critical to earth’s future
Environment

Deep-sea mining could be source of minerals critical to Earth’s future

Ev makers in need of expanded charging infrastructure
Environment

EV makers in need of expanded charging infrastructure

Epa set to regulate pesticides more closely
Environment

EPA set to regulate pesticides more closely

Climate change poises poison ivy to flourish
Environment

Climate change poises poison ivy to flourish

No Result
View All Result

Recent Posts

  • Delta to modify changes to frequent flyer program
  • Mineral mining could affect US water supply
  • Netflix nixes DVD rental subscriptions
  • Costco begins selling gold bars to customers
  • Pending home sales sink to new low

Recent Comments

  • Juul Unveils Cutting-Edge Vaping Tech: Navigating FDA Uncertainties – iStreetPark Blog on Juul hopes FDA won’t ban its new high-tech vape
  • CEO North America, August - September 2023 - CEO North America on Interviews – CEO North America, October – November 2022
  • CEO North America, August - September 2023 - CEO North America on CEO North America, December 2022 – January 2023
  • CEO North America, August - September 2023 - CEO North America on Why Tech Companies Are Moving to Texas and Florida
  • CEO North America, August - September 2023 - CEO North America on CEO North America, February 2023 – March 2023

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Editorials –
stuart.james@ceo-na.com

Advertising –
advertising@ceo-na.com

NEW YORK

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

 

MEXICO CITY

Paseo de la Reforma 296,
Floor 38
Mexico City
06600
MEXICO

HOUSTON

1201 Fannin St.
Suite 262
Houston, TX
77002
USA

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Editorials –
stuart.james@ceo-na.com

Advertising –
advertising@ceo-na.com

NEW YORK

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

HOUSTON

1201 Fannin St.
Suite 262
Houston, TX
77002
USA

MEXICO CITY

Paseo de la Reforma 296,
Floor 38
Mexico City
06600
MEXICO

CEO North America © 2022 - Sitemap

No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Warning: array_sum() expects parameter 1 to be array, null given in /home/ceonacom/public_html/wp-content/plugins/jnews-social-share/class.jnews-social-background-process.php on line 111