The Only Way To Make An Impact
Is By Closing The Biodiversity Financing Gap
Changing The Nature Of Finance
Healthy societies, resilient economies and thriving businesses rely on nature. It is no coincidence that both economy and ecology derive from the Greek word for house ‘oikos’. The World Economic Forum (WEF) Global Risk Report 2020 for the first time in the survey’s 10-year outlook, considers the top five global risks in terms of likelihood are all environmental.
For Financial Institutions
Research from the World Economic Forum shows that US$ 44 trillion of global GDP—around half—is highly or moderately dependent on nature. But today, the impact of biodiversity risk on financial service providers- from commercial banks to pension funds – is not calculated in their decision making. Financial institutions around the world must operationalize…
For Civil-Society Organizations
The report “Financing Nature: Closing the Global Biodiversity Financing Gap” placed the global biodiversity funding gap at an average US$ 711 billion. Today around US$ 24 billion is spent on conservation efforts. This means we cannot save nature through conservation action alone. CSO’s need to widen their scope and that is what the Hive helps them to do.