PDF - Flipbook - Page 13
Funding the Nature Gap
FUNDING BY PILLAR
300
The Kunming-Montreal UN Global Biodiversity Framework aims to
protect 30% of Earth’s lands and seas by 2030 to reverse biodiversity
loss. It has set forth 2030 and 2050 targets to maintain a functioning
and healthy planet. It is estimated to protect and restore ecosystems,
about $700 billion a year is needed until 2030, but current funding is
only $140 billion12 ⸀ Initial 昀椀ndings in the Climate Solutions Opportunity Map further highlight the funding gap in Nature conservation.
Along with many growing partners worldwide, One Small Planet
recognizes and contributes to 昀椀lling the current funding gap in
Nature conservation.
1 Paulson Institute, The Nature Conservancy, and Cornell University Atkinson Center for Sustainability. (2020). Financing Nature: Closing
the Global Biodiversity Financing Gap. Retrieved from Financing Nature.
2 Climate Policy Initiative. (2021). Global Landscape of Climate Finance 2021. Retrieved from Climate Policy Initiative.
PHILA N T H R O P I C F U N D
20 23 A NNUAL REPORT
250
Funding ($ Billions)
We believe Nature is a necessity no matter what lens we look
through. In 2019, the World Wildlife Foundation reported that
Nature’s contributions to human well-being are worth at least
US$125 trillion annually. Healthy ecosystems contribute to
healthy social, economic, and global systems.
200
150
100
≈3 %
50
Energy
Transition
Food &
Agriculture
Nature
Conservation
The graph showcases preliminary data from the One Earth Climate
Solutions Opportunity Map which is mapping $350 billion of global
private 昀椀nancial flows across the 76 solutions identi昀椀ed in the One Earth
Solutions Framework. Alarmingly, the analysis reveals that Nature
conservation is critically underfunded compared to the other two
pillars. This sector, which includes protection of biodiversity hot spots,
restoration of degraded ecosystems, and conservation of carbon sinks
like forests and wetlands, is not receiving investment proportionate to its
importance in addressing climate change and biodiversity loss.
13