A new report, “Mobilizing Private Capital for Nature to Meet Climate and Nature Goals,” was launched during the United Nations General Assembly week in New York. The report released by the UN Climate Change High-Level Champions and supported by the Center for Global Commons (CGC) at Tokyo University and Systemiq points out that in order to move to a nature-positive economy, we must take action for nature in all its aspects, not only by reducing greenhouse gas emissions.
The report emphasizes that strengthening natural capital is the most effective way of building climate resilience and sustainable development. Enabling this means mobilizing far greater private finance for nature.
The Climate Champions argue that making nature-positive business models and supply chains more attractive means making better use of capital from philanthropic and public sources. Such catalytic capital can mitigate specific risks and aggregate projects to an investable scale.
CGC intends to publish a companion paper to this report at COP28 which focuses on public policies and public finance for nature.
Related links (External websites)
Mobilizing Private Capital for Nature to Meet Climate and Nature Goals (Full report)
UN Climate Change High-Level Champions（Official website）
SYSTEMIQ （Official website）