Posted: 14 Sep 2023 Resource Type: Research Report Download Back 1st London currently sits at the topof the Global Green Finance Index Halting and reversing the depletion of our natural environment will require a coordinated global response. The 2022 Kunming-Montreal Global Biodiversity Framework (GBF) agreement was a watershed moment for nature, and a catalyst for governments to start putting in place clear targets and roadmaps to improve our relationship with the natural world. With a significant financing gap for nature (upwards of £200 billion per year) it is clear that coordinated action between public and private sectors is needed. The City of London Corporation, in collaboration with PwC, and with support from the Green Finance Institute present this new report “A global centre for nature finance” which outlines our vision for an innovative and world leading centre for nature finance that supports the ambition of the GBF. This report evaluates the readiness of the UK to take on this role and the required next steps. Mapping the current UK nature finance ecosystem, including market tools, participants, and the enabling infrastructure, it presents a roadmap for the UK to build on its position as a leading centre for green finance and become a global centre for nature finance. Our ambition is for the City of London to become the one-stop-shop for countries and companies looking for capital and expertise to meet their climate goals. The aim of this report is to develop a roadmap for the UK as a global capital for nature finance and wield a significant opportunity to drive investment in nature-related projects to transition to a global economy that is fair, decarbonised and balanced with nature. Chris Hayward, Policy Chairman, City of London Corporation 3x current annual investments in nature-based solutions needed by 2030 70,000 people in England estimated to be working in the fields of conservation, environment and adjacent areas 55% of global GDP, equivalent to about £45.8tn, is moderately or highly dependent on nature. Vision for economic growth Anchoring the UK as a leader in sustainable finance Anchoring the UK as a leader in sustainable finance Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Stay in touch Sign up to our mailing list to make sure you're the first to hear about news, reports, and events relating to financial and professional services from the City of London Corporation. Sign up now Related content Thought Piece How the UK can help to put Saudi Arabia on an accelerated path to a sustainable future Jul 2024 - How the UK's expertise in sustainable finance and global infrastructure financing can help accelerate Saudi Arabia on its path to a sustainable future. How the UK can help to put Saudi Arabia on an accelerated path to a sustainable future Research Report The City of London Corporation's work in support of financial and professional services: annual review 2023/2024 Jul 2024 - The City of London Corporation's annual review on the extensive programmes of work in the UK's financial and professional services industry in 2023/2024. The City of London Corporation's work in support of financial and professional services: annual review 2023/2024 Thought Piece Harnessing the power of London for global climate action: Reflections on London Climate Action Week 2024 Jul 2024 - London Climate Action week is a global moment that sees leaders, organisations and communities from across the world descend on London to drive climate action. Here are some highlights from myself and the City of London sustainable finance team. Harnessing the power of London for global climate action: Reflections on London Climate Action Week 2024 Research Report City statistics briefing Jul 2024 - The City Statistics briefing looks at the City of London's role as a global business hub for financial and related professional services. City statistics briefing