Mobilizing Private Finance for Nature

This paper argues that governments and regulators, supported by financial institutions and multilateral development banks (MDBs), hold the key to mobilizing private finance at the scale needed to transform the way we build, produce, and consume in order to protect nature while fostering sustainab...

Full description

Bibliographic Details
Main Author:	World Bank
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2021
Subjects:	BIODIVERSITY ECOSYSTEM SERVICES PRIVATE FINANCE FINANCIAL REGULATION
Online Access:	http://documents.worldbank.org/curated/en/791251625066253367/Mobilizing-Private-Finance-for-Nature http://hdl.handle.net/10986/35984

id	okr-10986-35984
recordtype	oai_dc
spelling	okr-10986-359842022-02-28T16:59:24Z Mobilizing Private Finance for Nature World Bank BIODIVERSITY ECOSYSTEM SERVICES PRIVATE FINANCE FINANCIAL REGULATION This paper argues that governments and regulators, supported by financial institutions and multilateral development banks (MDBs), hold the key to mobilizing private finance at the scale needed to transform the way we build, produce, and consume in order to protect nature while fostering sustainable poverty reduction. The analysis looks at two key approaches to mobilizing private finance for biodiversity. First, it assesses opportunities for ‘financing green,’ that is, the financing of projects that contribute—or intend to contribute— to the conservation, restoration, and sustainable use of biodiversity and its services to people. Second, it looks at ‘greening finance,’ that is, directing financial flows away from projects with negative impact on biodiversity and ecosystems to projects that mitigate negative impact, or pursue positive environmental impact as a co-benefit. Despite growing innovation in both categories, significant challenges to scaling up private finance remain. These include policies that exacerbate the underpricing of biodiversity; lack of data, measurement, and reporting standards; and issues with biodiversity investment opportunities, which tend to be small scale and noncommercial—making private sector financing a challenge. 2021-07-21T13:51:37Z 2021-07-21T13:51:37Z 2020 Report http://documents.worldbank.org/curated/en/791251625066253367/Mobilizing-Private-Finance-for-Nature http://hdl.handle.net/10986/35984 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Environmental Study
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	BIODIVERSITY ECOSYSTEM SERVICES PRIVATE FINANCE FINANCIAL REGULATION
spellingShingle	BIODIVERSITY ECOSYSTEM SERVICES PRIVATE FINANCE FINANCIAL REGULATION World Bank Mobilizing Private Finance for Nature
description	This paper argues that governments and regulators, supported by financial institutions and multilateral development banks (MDBs), hold the key to mobilizing private finance at the scale needed to transform the way we build, produce, and consume in order to protect nature while fostering sustainable poverty reduction. The analysis looks at two key approaches to mobilizing private finance for biodiversity. First, it assesses opportunities for ‘financing green,’ that is, the financing of projects that contribute—or intend to contribute— to the conservation, restoration, and sustainable use of biodiversity and its services to people. Second, it looks at ‘greening finance,’ that is, directing financial flows away from projects with negative impact on biodiversity and ecosystems to projects that mitigate negative impact, or pursue positive environmental impact as a co-benefit. Despite growing innovation in both categories, significant challenges to scaling up private finance remain. These include policies that exacerbate the underpricing of biodiversity; lack of data, measurement, and reporting standards; and issues with biodiversity investment opportunities, which tend to be small scale and noncommercial—making private sector financing a challenge.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Mobilizing Private Finance for Nature
title_short	Mobilizing Private Finance for Nature
title_full	Mobilizing Private Finance for Nature
title_fullStr	Mobilizing Private Finance for Nature
title_full_unstemmed	Mobilizing Private Finance for Nature
title_sort	mobilizing private finance for nature
publisher	World Bank, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/en/791251625066253367/Mobilizing-Private-Finance-for-Nature http://hdl.handle.net/10986/35984
_version_	1764484157886431232

Mobilizing Private Finance for Nature

Similar Items