Report
State of Finance for Nature in Cities 2023
In this publication, UNEP and the Penn Institute for Urban Research outline gaps and opportunities for financing Nature-based Solutions in cities, best practices from around the world, and actions that can be taken to scale up investments in nature.
Nature-based solutions can help cities become more resilient, healthy and equitable. But for urban nature to reach its full potential, investments need to be substantially scaled up. In 2020, NbS received just 0.3% of overall spending on urban infrastructure, and investments are unequally distributed across and within cities.
To take stock of urban NbS investments, UNEP and the Penn Institute for Urban Research developed the State of Finance for Nature in Cities: Summary for Local Policymakers. The publication outlines gaps and opportunities for NbS financing in cities, best practices from around the world, and actions that local governments, financial stakeholders, private sector and knowledge partners can take to scale up investments for nature in cities.
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Unlocking investment in nature for a just urban transformation
Organized in parallel to the World Economic Forum (WEF) annual meeting in Davos, this webinar highlighted the findings of UNEP's latest "State of Finance for Nature" report and explored what's needed to accelerate the financing of urban nature.
UrbanShift at World Forum on Urban Forests: Leveraging urban biodiversity & forests to create inclusive and equitable cities
This session, held during the World Forum on Urban Forests, will bring together leaders to discuss their experience in creating sustainable and resilient cities through urban nature-based solutions.
Financing NatureBased Solutions for Adaptation at Scale: Learning from Specialised Investment Managers and Nature Funds
This report reviews global nature finance to map pathways for Bangladesh, focusing on overcoming barriers like NbS novelty, local specifics, low returns, complex benefits, and policy shortcomings to build private markets for adaptation.
Making blended finance work for nature-based solutions
This report explores innovative financial instruments for climate action and nature conservation, with a focus on Green Climate Fund's catalytic approaches and blending mechanisms for maximum impact.
