Increasing the amount, effectiveness, and accessibility of international finance and investment is necessary to halt biodiversity loss and preserve wildlife and natural habitats as part of broader efforts for more sustainable forest management and forest conservation and restoration. The post-2020 Global Biodiversity Framework identified the need to increase financial resources to at least USD 200 billion per year by 2030 and suggested increasing international financial flows to developing countries by at least USD 10 billion per year. The devastating losses that the extinction crisis could bring to the global economy and society are incalculable. Business sectors that directly rely on biodiversity will experience losses in profitability and risks to long-term continuity unless biodiversity is protected. For example, USD 235–577 billion in annual global food production is dependent on the contribution of animal pollinators, while coral reefs generate USD 36 billion in ecotourism every year.
Leveraging public and private finance will be essential to reach global biodiversity goals, yet recent trends show that investment is falling short. Between 2015 and 2017, global biodiversity finance totaled USD 78.3 billion annually, with public sources providing at least USD 71.7 billion per year and private sources contributing at least USD 6.6 billion. Total biodiversity finance will need to nearly triple to reach USD 200 billion by 2030 and will need to grow at an average rate of USD 10 billion per year between 2017 and 2030 to meet this goal.
Increasing the amount, effectiveness, and accessibility of international finance and investment is necessary to halt biodiversity loss and preserve wildlife and natural habitats as part of broader efforts for more sustainable forest management and forest conservation and restoration. The post-2020 Global Biodiversity Framework identified the need to increase financial resources to at least USD 200 billion per year by 2030 and suggested increasing international financial flows to developing countries by at least USD 10 billion per year. The devastating losses that the extinction crisis could bring to the global economy and society are incalculable. Business sectors that directly rely on biodiversity will experience losses in profitability and risks to long-term continuity unless biodiversity is protected. For example, USD 235–577 billion in annual global food production is dependent on the contribution of animal pollinators, while coral reefs generate USD 36 billion in ecotourism every year.
Leveraging public and private finance will be essential to reach global biodiversity goals, yet recent trends show that investment is falling short. Between 2015 and 2017, global biodiversity finance totaled USD 78.3 billion annually, with public sources providing at least USD 71.7 billion per year and private sources contributing at least USD 6.6 billion. Total biodiversity finance will need to nearly triple to reach USD 200 billion by 2030 and will need to grow at an average rate of USD 10 billion per year between 2017 and 2030 to meet this goal.