Today, 40% of the world’s land is degraded, affecting billions of people and with dire consequences for our climate and biodiversity. Land degradation is the process that robs fertile land of its ability to support life . It’s a major cause of biodiversity loss and climate change. The science is inc...Read more
South Africa
3 April 2024 – Blantyre: Planet Earth requires approximately U S$ 950 billion annually for the restoration and protection of its imperiled ecosystems, vital for sustaining livelihoods. Yet, only an average of US $ 121 billion is allocated each year for biodiversity conservation. Closing this financi...Read more
In 2022, the South African Government, with the support of the UNDP-Biodiversity Finance Initiative (UNDP-BIOFIN), launched the first Biodiversity Investment Portal to match investors with bankable projects to support the growth of the biodiversity economy in South Africa. Recently, the portal succe...Read more
With the support of BIOFIN, the Government of South Africa has officialised, on the 12th of October, the increase of fees to access, possess and benefit from any threatened or protected species of the country. This first increase since 2009 is opening the way for further improvements to the biodiver...Read more
This report provides a perspective of the general institutional readiness of the South African financial sector in responding voluntarily, or mandatory, to the emerging nature risk narrative. Over the last three to five years there has been a rapidly emerging narrative around the materiality of natu...Read more