"Staggering $7 Trillion Annual Finance Flows Fuel Climate, Biodiversity, and Land Degradation Crises"
Global finance flows of nearly $7 trillion annually are fueling climate change, biodiversity loss, and land degradation, according to a report by the UN Environment Programme (UNEP) and partners. The report reveals that investments in nature-based solutions, which promote a stable climate and healthy land and nature, totaled around $200 billion in 2022, while finance flows to activities directly harming nature were over 30 times larger. Private nature-negative finance flows amount to $5 trillion annually, 140 times larger than private investments in nature-based solutions. The report highlights the urgent need to address this disparity and increase funding for nature-based solutions to meet sustainable development goals.
