$8.1tn global investment needed in nature by 2050 – Report
A total investment in nature of $8.1 trillion is required between now and 2050 – while annual investment should reach $536 billion annually by 2050 – in order to successfully tackle the interlinked climate, biodiversity, and land degradation crises, according to the ‘State of Finance for Nature’ report released on Thursday.
The report finds that annual investments in nature-based solutions will have to triple by 2030 and increase four-fold by 2050 from the current investments into nature-based solutions of $133 billion (using 2020 as base year).
The authors of the report – produced by the UN Environment Programme, the World Economic Forum and the Economics of Land Degradation Initiative hosted by the Deutsche Gesellschaft fur Internationale Zusammenarbeit in collaboration with Vivid Economics – urged governments, financial institutions and businesses to overcome this investment gap by placing nature at the heart of economic decision-making in the future.
They stressed the need to rapidly accelerate capital flows to nature-based solutions by making nature central to public and private sector decision-making related to societal challenges, including tackling the climate and biodiversity crises.
According to the report, structural transformations are needed to close the $4.1 trillion finance gap between now and 2050, by building back more sustainably in the wake of the Covid-19 pandemic, but also by repurposing harmful agricultural and fossil fuel subsidies and creating other economic and regulatory incentives.
