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IPBES assessments: economic and financial systems need to evolve to protect biodiversity and support transformative change
This briefing summarizes two 2024 IPBES assessments, highlighting that over half of global GDP (USD 58 trillion) depends on nature, yet financial systems continue to prioritize harmful activities. While USD 7 trillion is invested annually in biodiversity-damaging activities and subsidies for such sectors reach up to USD 3.3 trillion, biodiversity conservation receives only USD 135-200 billion. The reports argue for a systemic transformation—including pricing externalities, reforming debt for low-income nations, and closing a funding gap of up to USD 1 trillion per year—which could potentially create USD 10 trillion in business value and 395 million jobs by 2030.
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Document type: Briefing