The world is witnessing an historic pivot towards the valuation of nature in global markets. In one sense, this is exactly what has been demanded, since putting a price on nature could reduce its overuse and deterioration. On the other hand, it introduces new risks to nature and efforts to address climate challenges: poorly governed ‘nature markets’ could trigger downsides of financalisation with unpredictable consequences.
The Taskforce on Nature Markets was established in April 2022 and includes amongst its membership UNCTAD’s Secretary General, Rebeca Grynspan. The task force’s recommendations are focused on how best to govern nature markets. This includes massive commodities markets as well as newly emerging biodiversity credit markets. The recommendations point to a spectrum of actions needed to get the best from these developments whilst mitigating associated risks.
The World Investment Forum session on ’Financing an Equitable Nature Economy’ will review the evidence and policy imperatives and options in the context of the Taskforce’s findings, drawing on its members and knowledge partners and other international experts and stakeholders.
- What does a nature economy look like? And where is the opportunity for investment?
- What does the finance community need to understand about rapidly growing nature risks?
- Why is nature key to fighting climate change?
- Can standards and regulations that are gathering pace have a meaningful and timely impact?