If the world is to meet its climate change, biodiversity, and land degradation targets, investment in nature-based solutions (NbS) must at least triple in real terms by 2030 and increase four-fold by 2050. Yet in spite of this, there remains an estimated $700+ billion annual funding gap to meet our NbS goals.
This isn’t because of a lack of awareness. There is widespread recognition that nature is fundamental to human survival and stabilizing the climate, and increased interest from companies in supporting initiatives that demonstrate their progress against corporate sustainability commitments on climate and nature. The prevailing challenge is a significant financing gap that involves a lack of climate funding to ensure the resilience and functionality of natural ecosystems, and to maintain ecosystem services under conditions of climate change.
WWF is uniquely able to address this financing gap thanks to our long history of implementing landscape-level conservation activities as local and national programs in the world’s critical carbon sinks and biodiversity hotpots—including through current initiatives, such as our Project Finance for Permanence (PFP) approach and role as an accredited entities for leading multilateral funds like the Green Climate Fund (GCF) and Global Environment Facility (GEF). We also have a depth of experience in working with corporate partners through various initiatives. This has positioned us at the forefront of the nature-climate nexus, with programming expertise that spans three main areas:
- Multilateral/bilateral climate finance
- Promoting innovative ways to combine climate funding with conservation funding in priority landscapes and seascapes
- Corporate climate finance and environmental markets
Read more on our work below!
