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News Headlines

Funding, titling project for Indigenous-led organizations launched

The revelation that Indigenous people and local communities (IPLCs) receive well below 1% of climate finance, despite reports stressing their role in biodiversity conservation and climate mitigation, is giving rise to multiple funding initiatives seeking to fill this gap. The latest among them i ...

News Headlines

Mitsubishi Corporation Renews Funding for Sustainable Development and Biodiversity Conservation

On November 23, 2021, the Mitsubishi Corporation Foundation for the Americas (MCFA) approved renewed funding to: CDP, The Nature Conservancy, Fair Trade USA, Wildlife Conservation Society, and Yellowstone to Yukon Conservation Initiative (Y2Y).

News Headlines

New equipment for Canadian Coast Guard will help clean up oil spills

The $1.5-billion Oceans Protection Plan is the largest investment ever made to protect Canada’s coasts and waterways, while growing the economy.

News Headlines

Wales plans £1.8bn green initiative to fight climate change

Three-year package will include a national forest, increased biodiversity and active travel.

News Headlines

Conservation projects in Mesoamerica make the case for Indigenous climate funding

Research shows that national governments, investors and development organizations consider direct funding to Indigenous-led organizations as too risky, though a new report shows that Indigenous communities with good project management skills exist.

News Headlines

GEF’s $200m support as game changer in climate change, Covid-19 fight

In order to address teething environmental challenges that continue to give give humanity sleepless night, the Global Environment Facility recently made available $200m to tackle climate change, pollution and the COVID-19 crisis.

News Headlines

Jeff Bezos’ Earth Fund commits another $443 million to climate justice and conservation

On Monday, Amazon founder Jeff Bezos announced his Earth Fund’s latest round of grants: $443 million to be spent primarily on land conservation and restoration and efforts to reduce environmental burdens on marginalized communities.

News Headlines

Commission approves EU funding for nature, environment and climate action projects

The European Commission approved on November 25 an investment package of more than €290 million for 132 new projects under the LIFE programme for the environment and climate action.

News Headlines

Pakistan eyes world’s first ‘nature performance bond’

As the pandemic continues to threaten lives and livelihoods across the globe, developing countries are braced for the worst of its economic consequences. The health crisis has jolted economies and triggered sovereign debt crises, which means more developing economies are now in debt distress. Th ...

News Headlines

World needs USD 8.1 trillion investment in nature by 2050 to tackle triple planetary crisis

A total investment in nature of USD 8.1 trillion is required between now and 2050 - while annual investment should reach USD 536 billion annually by 2050 - in order to successfully tackle the interlinked climate, biodiversity, and land degradation crises, according to the State of Finance for Na ...

News Headlines

Updated UN-backed tool enables portfolio biodiversity analysis, action

A new tool has been launched that allows investors to explore the potential impact of their investment activities in agriculture and mining on biodiversity loss, in particular species extinction and the loss of “ecological integrity”.

News Headlines

Nature: Throwing money at biodiversity schemes is ineffective

Rich countries "throwing money" at schemes designed to enhance biodiversity is ineffective, a report by charity Third World Network says. The report calls for "a profound re-organisation of the global post-pandemic economy to prevent further harm to the planet".

News Headlines

Chhattisgarh and World Bank sign $100m deal to develop sustainable production systems

The Government of India, the Government of Chhattisgarh and the World Bank today signed a $100 million project to develop sustainable production systems that allow tribal households in remote areas of Chhattisgarh to practice round-the-year production of diversified and nutritious food. CHIRAAG ...

News Headlines

Monaco and Germany pledge $10 million to save the world’s corals

On 28 January, the Prince Albert II of Monaco Foundation and the Paul G. Allen Family Foundation pledged to support the conservation of coral reefs. Together, they will donate over 10 million dollars to the Global Fund for Corals (GFCR).

News Headlines

Global Fund for Coral Reefs to catalyze private sector investment blue economy

The Fund will play a vital role in unlocking major private sector investment towards coral reef conservation and restoration in developing countries.

News Headlines

World Bank Plans to Invest over $5 Billion in Drylands in Africa

he World Bank plans to invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote livelihoods across 11 African countries on a swathe of land stretching from Senegal to Djibouti.

News Headlines

Global Environment Facility approves over $78 million to support FAO-led projects

The Food and Agriculture Organization of the United Nations (FAO) has welcomed the recent decision by the Global Environment Facility (GEF) Council to approve 13 FAO-led projects in 16 countries, totaling some $78.5 million dollars. The decision came during the 59th GEF Council Meeting and will ...

News Headlines

"If We Cannot Find a Balance Between Nature and Economic Development, Humans Will Suffer the Most," a Financing Biodiversity Webinar Concludes

The African Civil Society Organizations (CSOs) Biodiversity Alliance (ACBA) and the African Development Bank held the first joint webinar on 'Financing Biodiversity in Africa from All Sources' on 3 December. The webinar sought to explore how best to scale up finance for biodiversity from multipl ...

News Headlines

Dutch make 7.2 million euros available for nature protection

The Dutch government has made 7.2 million euros available for the protection of nature and the development of agriculture in the Caribbean Netherlands between 2020 and 2030. The money comes on top of 1.6 million euros already allocated to Bonaire, St. Eustatius and Saba.

News Headlines

Malta joins EU countries backing a green post-COVID-19 recovery

Malta is one of 17 EU member states that are backing calls to put the European Green Deal at the heart of a post-coronavirus recovery. Aaron Farrugia tweeted on Monday that he had joined other Environment Ministers in urging Europe to remember the challenges of climate change when designing long ...

News Headlines

There can be no return to business-as-usual for the finance sector

As governments and health workers around the world battle to contain the spread of coronavirus, save lives and protect the vulnerable, there is already much debate about what form the economic recovery should take.

News Headlines

‘Robust economy, financial system critical to reversing nature’s depletion’

To achieve the global nature conservation and biodiversity across African countries, Africa Executive Director for Wide World Fund for Nature (WWF), Alice Ruhweza has said the transformation of the world’s economic and financial systems remains critical to reversing nature’s depletion and achiev ...

News Headlines

From summits to stimulus: Nature-based solutions can help

The world is holding its breath as we count the human cost of what will likely be the defining moment of this generation. Governments are quite rightly focusing on emergency response measures to slow the spread of the virus, save as many lives as possible and take whatever steps they can to reli ...

News Headlines

UN meet in Gandhinagar: Countries divided over proposal to deny voting rights over financial contribution

The 13th Conference of the Parties to the Convention on Conservation of Migratory Species of Wild Animals will conclude on February 22. (Express photo) Developing countries strongly opposed a proposal from the secretariat of the Convention on the Conservation of Migratory Species of Wild Animals ...

News Headlines

The biodiversity crisis can’t be solved by the market

If 2019 was the year that climate finance went mainstream, 2020 promises to finally give nature a seat at the green finance table.Massive biodiversity loss was flagged as one of the top five global threats at this year’s World Economic Forum in Davos, where businesses were called upon to start d ...

News Headlines

Bioeconomy hype shouldn’t put biodiversity preservation at risk, experts say

While experts say Poland could become key for the EU’s bioeconomy, scientists are calling for the sustainable use of the country’s forest resources in energy production. EURACTIV Poland reports.

News Headlines

Nature losses threaten emerging economies

More than half of worldwide GDP is moderately or highly dependent on nature, putting biodiversity loss among the top five risks to the global economy, according to a report presented at the World Economic Forum (WEF) in Davos, Switzerland.

News Headlines

Fund plant conservation to solve biodiversity crisis

In their Letter “Solve the biodiversity crisis with funding” (20 September 2019, p. 1256), J. Malcom et al. called on the U.S. Congress to fund wildlife conservation programs to protect biodiversity. We agree that such funding is critically important, but we were disappointed that their discussi ...

News Headlines

Responsible finance: A call to action for nature’s ‘super year’

There is finally an opportunity to integrate nature within financial decision making in the year ahead. How can we ensure it’s doesn’t become a lost opportunity?

News Headlines

World Bank says Indonesia forest fires cost $5.2 bln in economic losses

The total damage and economic loss from forest fires in Indonesia this year amounted to at least $5.2 billion, equal to 0.5% of gross domestic product, the World Bank said in a report on Wednesday.

News Headlines

Global network of financial centres plan huge growth in sustainable finance and launches regional programme for Africa

Geneva, 10 October 2019 – Maintaining the momentum of the Secretary-General’s Climate Summit last month, a global network of 30 financial centres – accounting for $61.3 trillion in equity market capitalization and representing 80 percent of global equity markets – today agreed to mainstream gree ...

News Headlines

National Biodiversity Economy Strategy: opportunities for innovation and investment

In October 2018 the draft National Biodiversity Framework (NBF) was published for public comment. The NBF is a requirement under the National Environmental Management: Biodiversity Act (10/2004). Considering that South Africa is the third most biodiverse country in the world, the government, as ...

News Headlines

EU renews territory funding for climate and biodiversity plans

The European Union has renewed its commitment to Pacific climate and biodiversity programmes in its overseas territories, signing an agreement for $US41 million in funding over four years.

News Headlines

European Union commits €300 million for clean, healthy and safe oceans

The European Union makes 23 new commitments at the 5th edition of Our Ocean conference, in Bali, Indonesia for better governance of the oceans. The European Commission has announced €300 million of EU-funded initiatives, which include projects to tackle plastic pollution, make blue economy more ...

News Headlines

LIFE Programme: Member States to benefit from quarter of a billion euros of investments in environment, nature and climate action

The European Commission has approved an investment package of €243 million from the EU budget for projects under the LIFE programme supporting nature, the environment and quality of life in Europe's transition to a more sustainable and low-carbon future.

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