Biodiversity Finance Digital Forum
On 29 November 2022 the Luxembourg–GLF Finance for Nature platform explored ways to support local action for nature-based solutions, conservation and ecosystem restoration through appropriate financing mechanisms and incentives.
Ahead of the CBD COP15, the Biodiversity Finance Digital Forum dives into some of the major challenges facing the world of finance in the context of the Post-2020 Global Biodiversity Framework.
Investing in People and Nature
Biodiversity is declining faster than ever before in human history, and this trend is accelerating. The 2022 Living Planet Index finds that monitored wildlife populations have decreased by an average of 69% in the past 50 years.
There is a significant lack of financing for biodiversity conservation: an additional USD 103 billion to USD 711 billion per year will be needed to protect 30% of the Earth’s land and oceans by 2030, according to preliminary estimates. Moreover, the State of Finance for Nature report (2021) finds that financing for nature-based solutions will have to be quadrupled by 2050.
Join financiers, business leaders, policymakers and scientists to learn how we can protect and restore nature while also boosting our economies.