During the World Bank/IMF annual meetings in October, the bank hosted a session called ‘Invest in nature’.
A panel outlined the pressing risks of the continued degradation of nature and shared examples of how policy changes and stakeholder collaboration could lead to action and capital allocation.
“We are destroying nature,” began Sir Robert Watson of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, describing the Paris Pledge as “totally and utterly inadequate ” and that we are “on a pathway towards 3 to 4 degrees Celsius” – a level of global warming scientists say will bring devastating environmental change.
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