A gold rush for ‘green finance’ risks changing our relationship to nature

By Julia Martin-Ortega, Professor, Sustainability Research Insitute. Associate Director water@leeds, University of Leeds
Joshua Cohen, Research Fellow, Water and Sanitation Governance, University of Leeds
Ruth Bookbinder, Research fellow, University of Leeds

To combat climate change and help nature to recover, a lot more investment is urgently needed. The UN’s State of Finance for Nature report claims that if the world is to meet climate, biodiversity and land degradation targets, it needs to invest an extra US$4.1 trillion (£3.2 trillion) by 2050.

With most of the existing funding coming from public sources (US$133 billion), calls to close the “investment gap” are now focusing heavily on private investments, commonly referred to as green finance. Such is the…

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