This year was supposed to see governments, businesses and civil society come together to accelerate ambition on addressing the global biodiversity crisis. Then COVID-19 intervened, postponing many big meetings to 2021.
But regardless of the pandemic, 2020 has still been an eventful year for efforts in conservation. In fact, there seems to be even more awareness of society’s relationship with the world around it – most notably how it interacts with other species and their habitats.
As sustainable investing enjoys greater success than ever before, we have a window of opportunity to think bigger about the role of nature-based solutions in the fight against climate change. We already know that their value goes far beyond carbon.
Mangroves, for instance, can be 50 times more cost effective than cement seawalls at protecting coastlines against extreme weather. They offer safe breeding grounds for thousands of marine species that support local economies. Investment in their full regeneration could also return a profit of USD 11.8 billion over 20 years.
Furthermore, close to 40 financial institutions with USD 5.8 trillion assets under management have just called upon world leaders to agree on effective measures to reverse nature loss in this decade. The tide is turning, slowing but surely.
Thank you for being part of our journey to mainstream conservation finance, develop promising investment models and raise awareness around the critical work that still needs to be done. We look forward to making 2021 the biodiversity and nature “super year”, together.
Wishing you and yours a happy holiday season!
Read the full round-up of updates in the CPIC News Pulse for December.