TEB28’s ‘ Finance Report’ published

The environmental unit of the United Nations published the final report under the roof of COP28 (Merged Nations Climate Change Conference). Accordingly; despite the calls to end up the financial flows for the sectors that harm humanity’s most valuable assets for decades, these investments have revealed that global gay pure has formed 7 percent of the domestic harvester. The report revealed that investments in nature-based solutions in 2022 are about 200 billion dollars but the financial flows directed to activities that harm nature are more than 30 times.. This situation reveals an alarming imbalance between nature-based solutions and climate change, biodiversity loss and soil degradation, and the financing made in nature-based solutions and nature-based financial flows.

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Inger Andersen, UNEP Executive Director, is largely funded to poorly. Annually natural-negative investments are 30 times more than the financing made to nature-based solutions that stabilize climate and promote nature with healthy terrain. In order to have the chance to achieve sustainable development goals, these figures need to be reversed. This also talks in the form of true preservatives such as soil, for example among domestic people, among the main beneficiaries,”. The resulting findings were based on the analysis of global financial flows, and the private sector has exceeded 5 trillion dollars per year of nature-negative financial flows, which shows that the amount is 140 times more than for special investments for nature-based solutions. Five industries directing negative financial flows - construction, electrical services, real estate, oil and gas with food and tobacco - 16 percent of the general investment flows in the economy. The negative performance forests revealed by these sectors create 43 percent of nature-atif flows associated with the destruction of wetlands and other natural habitats.

] Do not reduce financial flows that damage the body][
The prominent data of the Finance Report for the ‘T12] published in COP28 was:[
• Only $200 billion in nature-based solutions in 2022; created 82 percent of this (165 billion dollars) governments, private finances were limited to 35 billion dollars (per cent of the financial flow of total nature-based solutions). [
Home In order to limit climate change with 1.5°C, the Rio Convention targets for protection of 30 percent of the soil and sea until 2030, and the financial flows for nature-based solutions to achieve soil degradation neutrality, from current levels to 200 billion dollars per year until 2030, almost three times increased.
Home Both public finances and private investments have to be increased greatly; it is necessary to reduce financial flows that harm nature and reorient nature favor if possible.
Home Not only take two or three times the investment made in nature-based solutions, it can not be significantly reduced by the financial flow of 7 trillion dollars in nature-negative applications, and as long as it is not guided in favor of nature, it may not be enough to reach Rio targets.
Home There is a big return for nature. Finance sector and businesses are applied to promote incentives not only to increase investment in nature-based solutions, to lead positive results from financial harmful activities.
Home Government policies play a critical role in creating an effective environment to support investment opportunities. Investment opportunities for natural-based solutions are triggered by revision of global sectors such as food, mining, real estate and infrastructure.
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