We are in the midst of one of the greatest extinction events Earth has experienced, and the first driven by humans. Roughly half of the global economy—$44 trillion USD—is dependent on nature or the services it provides. Based on the Paulson Institute's landmark Financing Nature report with The Nature Conservancy and the Cornell Atkinson Center for Sustainability, there is a $700 billion USD gap between what the world spends on biodiversity conservation today versus what is needed over the next decade.
This is a big number, but it is also manageable. Humanity cannot wait to solve climate change before addressing the biodiversity crisis; these twin crises must be solved together.
On July 21, 2022, Edelman Global Advisory hosted the Paulson Institute, the Taskforce on Nature Markets, and the Nature Conservancy for a partnered webinar defining the concept of nature markets and exploring them as potential avenues to deliver net-zero, nature-positive, and equitable outcomes. Watch the video below to hear our experts' insights.