The State of Finance for Nature Report by the United Nations Environment Programme (UNEP), World Economic Forum (WEF), Economics of Land Degradation Initiative and Vivid Economics said Investments in nature-based solutions must triple by 2030 and quadruple by 2050.

The report co-funded by the governments of Germany and Luxembourg and released Thursday, warned of irreversible damage to economies, the planet and humanity if the status quo remains unchanged.

The report mentioned that public and private investment must triple to $350bn by 2030 from the current $133bn – or face a $4.1 trillion gap by 2050.

Adolphus Mawolo reports.