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 Twitter Twitter 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 Case Study Investing for the long term: boosting returns for pension savers Oct 2023 - UK pension savers are locked out of benefitting from the growth of firms in some of the UK’s most vibrant industries. At the same time, these dynamic, growing firms can have trouble accessing the capital they need to grow domestically. Investing for the long term: boosting returns for pension savers Thought Piece Synthetic data solutions: the regulator's progressive mission for combating APP fraud Sep 2023 - Synthetic data-sets provide a ground-breaking tool to help firms test and scale innovative solutions to combat fraud. The FCA and the City of London are delivering a synthetic data-set, focused on Automated Push Payment (APP) fraud solutions, to be hosted on the FCA’s permanent sandbox. Synthetic data solutions: the regulator's progressive mission for combating APP fraud Case Study Carbon Clean │ delivering industrial decarbonisation Sep 2023 - We spoke to Iain Tobin, Chief Corporate Officer at Carbon Clean, about the growing role carbon capture will play in combatting climate change. Carbon Clean │ delivering industrial decarbonisation Case Study Managed Funds Association ⏐ supporting alternative asset managers around the globe Sep 2023 - We spoke to Jillien Flores, Head of Global Government Affairs at the Managed Funds Association about growing demand for alternative investments and the UK's role there. Managed Funds Association ⏐ supporting alternative asset managers around the globe