Investing in Nature to Build Back Better Partners Synthesis Report
Summary
The report argues that India's post-pandemic recovery should prioritize 'building back better' by investing in natural capital and nature-based solutions (NbS). It examines the role of public and private finance, the need for a green finance taxonomy, and the importance of integrating biodiversity values into agriculture, infrastructure, and sub-national climate action plans. Key focus areas include land restoration targets, the conservation of wetlands within the Central Asian Flyway, and the mitigation of illegal wildlife trade.
Key insights
- India has set a target to restore 26 million hectares of degraded lands by 2030, which has the potential to create 4-5 million jobs.
- Land degradation causes a significant economic loss for India, estimated at 2.5% of its annual economic output.
- The 15th Finance Commission increased the weightage of forest cover in the tax devolution formula from 7.5% to 10% for the year 2021, resulting in transfers of approximately USD 11.5 billion (INR 85,518 Crores) to states.
- There is a significant funding gap for biodiversity conservation in India, with an annual requirement of USD 16.5 billion compared to an available USD 10 billion.
- The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is identified as a primary tool for mainstreaming biodiversity and land restoration, particularly through soil and water conservation and plantations.
- India's role in the Central Asian Flyway (CAF) is critical, as nearly 71% of the flyway's migratory waterbirds use India as a stopover site.
- Conviction rates for wildlife crimes in India are extremely low, at less than 2.5%, due to factors such as under-resourced forensics and the perception of the crime as a low priority.
- The report suggests that India's economic stimulus package is largely supply-side focused and lacks a 'green' orientation, with only approximately 1.5% of the package directly supporting green projects.
- State Action Plans on Climate Change (SAPCCs) in India have historically struggled with a lack of robust institutional mechanisms, outcome-based financing, and integration into sectoral planning.
- Linear infrastructure development in India often leads to habitat fragmentation; the report advocates for a 'landscape approach' to identify corridors for animal movement over the next 20 to 30 years.
Cite the original document
- APA
- Climate Policy Initiative (2021). Investing in Nature to Build Back Better Partners Synthesis Report. https://www.climatepolicyinitiative.org/wp-content/uploads/2021/06/Investing-in-Nature-to-Build-Back-Better.pdf
- Chicago
- Climate Policy Initiative. Investing in Nature to Build Back Better Partners Synthesis Report. 2021. https://www.climatepolicyinitiative.org/wp-content/uploads/2021/06/Investing-in-Nature-to-Build-Back-Better.pdf.
- Wikipedia
- {{cite report |author=Climate Policy Initiative |title=Investing in Nature to Build Back Better Partners Synthesis Report |date=June 2021 |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2021/06/Investing-in-Nature-to-Build-Back-Better.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatepolicyinitiative2021investing, author = {{Climate Policy Initiative}}, title = {{Investing in Nature to Build Back Better Partners Synthesis Report}}, institution = {Climate Policy Initiative}, year = {2021}, month = jun, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2021/06/Investing-in-Nature-to-Build-Back-Better.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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