Campaign for Nature

November 11, 2020
This week, leaders of 450 public development banks representing 10% of total global investment will gather to discuss the role public finance can play in driving sustainable development that benefits people and the planet. 

The Finance in Common Summit will underscore the role nature-positive public finance can play in establishing a healthy environment, critical to achieving the UN Sustainable Development Goals, Paris Climate Agreement targets and the new, ambitious framework under the Convention on Biological Diversity. Central to this framework is a target to protect at least 30% of the world’s land and ocean by 2030. 

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Project Syndicate

November 11, 2020
Public development banks will be critical to global efforts to build back better from the COVID-19 pandemic and its economic fallout. To realize their potential, they should complement their climate investments by setting explicit nature-based goals and targets.

This week’s Finance in Common Summit will mark the first time that leaders of the world’s 450 public development banks (PDBs) come together to discuss how to reorient investments toward sustainable development. Given the current global economic uncertainty and compounding environmental threats, the gathering comes at a critical moment. It is a welcome opportunity to consider how public financial institutions can help steer funding toward conservation and sustainable use of natural resources – thus opening up an asset class that supports both people and the planet.

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Project Syndicate

October 13, 2020
From the energy industry to industrial agriculture, the private sector has long reaped large financial rewards from environmental destruction. But the costs of that destruction are growing, and businesses' responsibility – and motivation – to reverse it becoming more apparent.

The latest edition of the United Nations’ Global Biodiversity Outlook, published by the Convention on Biological Diversity, makes for bleak reading. As the report notes, biodiversity is essential to address climate change, ensure long-term food security, and prevent future pandemics. And yet the world is missing every target that has been established to protect it. If this is to change, business must step up.

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Northglen News

October 13, 2020
World Economic Forum has drawn the attention of the global business community to the critical relationship that exists between nature conservation and the state of the world economy.

In a video message released today, research findings show that it would cost the world just $140 billion a year to protect 30% of the planet from destruction. That’s less than what the world spends each year on video games and less than a third of what governments spend on subsidizing activities that destroy nature. This is also a fraction of the $10 trillion that was spent on Covid-19 packages in the first two months of the pandemic.

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Campaign For Nature

September 17, 2020
Today, The Paulson Institute, The Nature Conservancy and Cornell University released a major new report, “Financing Nature: Closing the Global Biodiversity Financing Gap.” This is the most in-depth and comprehensive analysis ever completed about biodiversity financing. Timed in conjunction with the run-up to the 15th Conference of the Parties to the Convention on Biological Diversity, the report highlights the total investment needed to fund biodiversity conservation around the world and identifies the actions that must be taken by the public and private sector in order to reach that level of investment.

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Campaign For Nature

June 17, 2020
Launched today, the principal aim of the Campaign for Nature’s Global Steering Committee-- composed of former heads of state, foreign ministers and diplomats from four continents--is to call on governments worldwide to support a new global goal to protect at least 30 percent of the planet’s land and ocean by 2030, shown by scientists to be the minimum amount needed to halt global biodiversity loss. The Committee is led by former US Senator and former Special Envoy to the Great Lakes Region of Africa Russ Feingold. 

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Fast Company

February 11, 2020
The world economy depends on nature, from coral reefs that protect coastal cities from flooding to insects that pollinate crops. But by the middle of the century, the loss of key “ecosystem services” could cost the world $479 billion each year. The U.S. will lose more than any other country, with an $83 billion loss to the GDP per year by 2050.

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