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Aligning finance with nature

Global GDP is about $125 trillion dollars, and nature supports more than half of global GDP. Global assets under management are more than $150 trillion. Yet we invest only the tiniest fraction into the protection, restoration and sustainable management of nature every year. Even worse, we finance environmentally harmful subsidies that harm nature. We must align our global, national, corporate and personal finance with nature if we are to achieve a nature-positive future.

                          #MakeItMandatory   #MakeMyMoneyMatter

   #FinanceNature   #NatureFinance

   #BiodiversityFinance

   #SubsidyReform

Act now!

#MakeIt
Mandatory

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#MakeItMandatory is a hashtag supported by 330 businesses, with a total revenue of $1.5 trillion, calling on governments to make it mandatory for all large businesses and financial institutions to assess and disclose their impacts and dependencies on nature by 2030.
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The Make It Mandatory Campaign is sponsored by Business for Nature, a global coalition that brings together businesses and conservation organizations to adopt policies to reverse nature loss in this decade. The World Benchmarking Alliance has posted an insightful article on why corporate accountability is imperative for the success of the post-2020 Global Biodiversity Framework. The Taskforce on Nature-related Financial Disclosures is an initiative established to develop a risk management and disclosure framework for organizations to act on nature-related business risks.
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Ways you can join the conversation on making disclosure of impacts on nature mandatory include:
  • Encourage your favorite business to join the #MakeItMandatory campaign.
  • Join the conversation on social media by championing companies who have committed to #MakeItMandatory to disclose impacts on nature.

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#MakeMyMoneyMatter is a hashtag that recognizes that pension funds can be powerful vehicles for ensuring that investments are nature-positive. In fact, greening your own pension can be more than 21 times more effective at curbing greenhouse gasses than eating a plant-based diet, switching to solar energy and stopping flying - combined. Moreover, more than $350 billion in UK pension funds are linked to deforestation.
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The Make My Money Matter is a UK initiative that supports action on greening pensions, including a ‘21x challenge’ to call on pension providers to become nature-positive. Use a UK-based interactive site to explore how to encourage divestment in deforestation-linked investments. The Guardian has a compelling article on how individuals can help tackle our nature and climate crises through pension funds.
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Ways you can join the conversation on making your money have a positive influence include:
  • Ask your financial institution (bank, credit union, investment company) what options you have to ensure that the management of your financial assets is aligned with your values.
  • Ask your government, and your favorite institution - college, employer, religious institution - what steps they have made to ensure pension investments are nature-positive.
  • Join the conversation on social media by championing financial institutions who are aligning their investments with a nature-positive future. #MakeMyMoneyMatter.

#MakeMy
MoneyMatter

#Finance
Nature

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#FinanceNature is a hashtag that highlights the need to fill the finance gap for biodiversity, estimated to be about $700 to $900 billion annually. Investments in biodiversity are one of the most cost-effective ways to achieve the Sustainable Development Goals, with estimated returns on investment of more than 10 to 1.
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Explore a global virtual series on avenues to finance nature. The Taskforce on Nature-related Financial Disclosure has identified numerous partners to help build momentum to finance nature, including the Stockholm Resilience Centre, The Capitals Coalition, and CDP, among others. The Paulson Institute prepared a compelling report on steps to closing the global finance gap for biodiversity. Much of the funding required can come from redirecting financial flows.
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Ways you can join the conversation on the urgent need to finance nature include:
  • Encourage your financial institutions, banks and investment managers to take the Finance for Biodiversity pledge.
  • Encourage your government to prioritize finance for nature in order to achieve national development and climate goals.
  • Join the conversation on social media by expressing your support for financial institutions and governments who have pledged to finance nature. #FinanceNature.

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#NatureFinance is a hashtag that highlights the importance of financial institutions investing in nature-based solutions. Although there are more than $100 trillion in investment assets under management, only the tiniest fraction of these assets are invested in nature. Innovation and political will are required to shift the tide, and to encourage more financial institutions to invest in nature.
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The Global Ethical Finance Initiative has championed nature finance since 2017, and leads regular knowledge exchanges on nature finance. Finance Earth has published a market review of nature-based solutions, defining an emerging institutional asset class. The United Nations Environment Program’s Finance Initiative regularly publishes a “State of Finance for Nature” report. The Campaign for Nature has launched a new initiative to track global finance for nature, and has identified the costs and benefits of protecting 30% of the planet.
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Ways you can join the conversation on nature finance include:
  • Ask your banks or investment managers how they are prioritizing nature finance.
  • Join the conversation on social media by supporting financial institutions who provide #NatureFinance.

#Nature
Finance

#Biodiversity
Finance

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#BiodiversityFinance is a hashtag recognizing that biodiversity finance requires many different actors and financial solutions, including increasing national expenditures on nature, and decreasing other expenditures such as subsidies that harm nature.
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Global Canopy maintains insightful articles and reports, including a baseline review of finance sector action on deforestation. The Little Book Investing in Nature, produced by Global Canopy,  provides an overview of biodiversity finance globally. The UNDP-led Biodiversity Finance Initiative provides a methodology and case studies from more than 40 countries on how to finance nature. Finance for Biodiversity is an organization that promotes governments to take a pledge to reverse nature loss in this decade.
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Ways you can join the conversation on biodiversity finance include:
  • Explore the new Deforestation Action Tracker and share your results on social media.
  • Explore the BIOFIN finance solutions catalogue, and determine if any of the solutions might fit your context.
  • Join the conversation on social media by supporting governments and institutions who are prioritizing #BiodiversityFinance.

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The world spends trillions of dollars each year in subsidies, such as subsidies for fossil fuels, agriculture and fisheries. Many of these subsidies are environmentally harmful, and reforming them could provide significant finance for a nature-positive future.
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Business for nature conducted a recent study that shows that the world is currently spending $1.8 trillion, or 2% of global GDP, on subsidies that harm nature. Fossil fuel subsidies are even higher, reaching close to $6 trillion annually. A United Nations Development Programme recent report calls for repurposing $470 billion in environmentally harmful agricultural subsidies for a just and nature-positive future. The International Institute for Sustainable Development maintains its Global Subsidies Initiative, which puts a spotlight on environmentally harmful subsidies. The OECD has called members to phase out environmentally harmful subsidies.
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Ways you can join the conversation on subsidy reform include:
  • Ask your political leaders to see how they are using public funds to subsidize certain sectors.
  • Join the conversation on social media by encouraging governments to step up #SubsidyReform, and to repurpose subsidies to finance biodiversity protection and restoration.

#Subsidy
Reform

OTHER THEMES


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Nature for Climate and Development

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Rethinking the nature of development

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Nature-positive economy

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Catalyzing local action

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Creating a planetary safety net

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The findings, interpretations and conclusions expressed in the materials on this site are those of the various Nature for Life partners, and do not necessarily represent the views of UNDP.