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.
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.
Plastic Pollution & Cities: Building Momentum Towards a Global Plastics Treaty
At this circular economy-themed webinar, we heard from experts, city representatives and waste pickers about the causes & consequences of plastic pollution in cities, and what cities can do to initiate a just transition to a plastic-free economy.
Cities call for increased investment to halt and reverse nature loss
At the Biodiversity COP in Montreal, mayors from 15 cities called for increased direct funding for urban nature-based solutions and ecosystem restoration projects, backed by UrbanShift, UNEP, GEF, ICLEI, C40, and other partners.
Buenos Aires Hosts UrbanShift's Second City Academy
The three-day workshop brought together 24 Latin American cities to learn about and exchange ideas on developing vibrant, sustainable neighborhoods and promoting urban biodiversity as strategies to create greener and more resilient cities.