Posts tagged public development banks
With USD 2.3 billion to spend, this is how public development banks can help biodiversity

Landscape News

August 19, 2021
Public development banks (PBDs) have a vital role to play in promoting greater investment in biodiversity and nature-based solutions in the countries where they lend, according to a new report on biodiversity finance produced ahead of the 15th Conference of Parties (COP15) of the U.N. Convention on Biodiversity (CBD).

Its findings and recommendations are based on research carried out by a team headed by Leon Bennun, chief scientist at The Biodiversity Consultancy and Renaud Lapeyre, an independent expert with World Wildlife Fund (WWF) for Nature France, and funded by the WWF.

The main aim, says Lapeyre, is to support and accompany these banks and their partners in transforming their models toward contributing to nature-positive finance and reducing investments that harm biodiversity.

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How Public Development Banks Can Help Nature

Project Syndicate

November 11, 2020
Public development banks will be critical to global efforts to build back better from the COVID-19 pandemic and its economic fallout. To realize their potential, they should complement their climate investments by setting explicit nature-based goals and targets.

This week’s Finance in Common Summit will mark the first time that leaders of the world’s 450 public development banks (PDBs) come together to discuss how to reorient investments toward sustainable development. Given the current global economic uncertainty and compounding environmental threats, the gathering comes at a critical moment. It is a welcome opportunity to consider how public financial institutions can help steer funding toward conservation and sustainable use of natural resources – thus opening up an asset class that supports both people and the planet.

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