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“Investors and companies are increasingly setting climate and nature targets, but once those are in place, they need to be thinking more about how to redirect capital [in line with these goals],” Ivo Mulder , Head of the Climate Finance Unit at the UN Environment Programme (UNEP), told ESG Investor. trillion in 2022.
Each company has its own goals, to be achieved between now and 2030. Rabobank is planning to support millions of smallholder farmers to move to agro-forestry, with the trees thus planted sequestering 150 megatons of CO2 by 2030, “equivalent to the annual emissions of 40 coal-fired power stations”. Regenerative agriculture.
New study appears to find that a tripling of current investments into nature-based solutions is needed by 2030 to tackle the climate crisis, otherwise there will be a $4 trillion financing gap. If we do not save nature now, we will not be able to achieve sustainable development,” said UNEP Executive Director, Inger Andersen.
But this is “pocket money” compared to the US$44 trillion of global GDP dependent on well-functioning ecosystems, according to the UN Environment Programme’s (UNEP) Climate Finance Unit (CFU). There is reason for cautious optimism in 2023, as the conditions emerge to propel NbS up the agendas of stakeholders globally.
Nature does everything.” – the words of UNEP Executive Director Inger Anderson at Davos 2024 during a session exploring if the financial risks of climate change are under-priced. trillion in annual business value and create 395 million jobs by 2030. This article first appeared in Forbes. Such actions make good, economic sense.
Stronger wording might have been possible, but this was a big step in the right direction,” said Remco Fischer, Climate Lead, UN Environment Programme Finance Initiative (UNEP FI). trillion by 2030, according to a report published by the International Energy Agency (IEA). C in realistic reach. C temperature pathway will not be linear.
million metric tonnes of CO2 within their roots, trunks and soil every year, according to the United Nations Environment Programme (UNEP). Global mangrove forests sequester around 22.8 Ahead of COP27, some EMs are pushing for a fairer price on the forest carbon credits they sell.
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