FT Sustainable Views published a byline co-authored by the Nature Action 100 Steering Group Co-chairs, Emine Isciel at Storebrand and Lynn Paquin at CalSTRS. In the piece, they argue that policymakers have an opportunity at COP17 to close current gaps toward reaching the finance-related targets of the Global Biodiversity Framework through developing policies that support the work of investors. They also highlight the role of investors, including those participating in Nature Action 100, to help world governments meet their goals.
Nearly four years since world leaders adopted the landmark Kunming-Montreal Global Biodiversity Framework, global efforts to halt and reverse nature and biodiversity loss are still in early stage.
The Convention on Biological Diversity’s draft review highlights a troubling reality: while progress has been made in some areas, implementation remains uneven and is particularly off track when comes to mobilising finance and aligning financial flows with nature-positive outcomes.