Report
State of Finance for Nature in Cities 2023
In this publication, UNEP and the Penn Institute for Urban Research outline gaps and opportunities for financing Nature-based Solutions in cities, best practices from around the world, and actions that can be taken to scale up investments in nature.
Nature-based solutions can help cities become more resilient, healthy and equitable. But for urban nature to reach its full potential, investments need to be substantially scaled up. In 2020, NbS received just 0.3% of overall spending on urban infrastructure, and investments are unequally distributed across and within cities.
To take stock of urban NbS investments, UNEP and the Penn Institute for Urban Research developed the State of Finance for Nature in Cities: Summary for Local Policymakers. The publication outlines gaps and opportunities for NbS financing in cities, best practices from around the world, and actions that local governments, financial stakeholders, private sector and knowledge partners can take to scale up investments for nature in cities.Â
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Unlocking investment in nature for a just urban transformation
Organized in parallel to the World Economic Forum (WEF) annual meeting in Davos, this webinar highlighted the findings of UNEP's latest "State of Finance for Nature" report and explored what's needed to accelerate the financing of urban nature.
UrbanShift at CBD COP16: From Setbacks to Solutions—How Cities Lead on Biodiversity
Drawing from the experiences of GEF cities, including under UrbanShift, and GenerationRestoration cities, this event focused on how cities are taking transformative action to address their challenges and navigating around roadblocks to change.
Accelerating Nature-Based Solutions in Brazilian Cities
This practice note from WRI Brasil shares insights from the program's Nature-Based Solutions Accelerator.
Scaling up Urban Climate Finance through Multi-level Governance
Centering on the launch of the UrbanShift 2023-2024 Annual Report, this UNEP-led webinar will highlight learnings and best practices for strengthening urban resilience.
