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A GLOBAL ROADMAP FOR A NATURE-POSITIVE ECONOMY
The economy is the primary driver of nature's degradation.
If we are to meet global goals for nature, we urgently need a nature-positive economy – an economy that operates within planetary boundaries and no longer incentivises the overexploitation of nature.
Responding to this challenge, the Global Roadmap for a Nature-Positive Economy is a comprehensive agenda for action highlighting the global-level economic reforms needed to facilitate an equitable transition to nature-positive.
The Roadmap will launch in October 2024 ahead of COP16 in Colombia.
This Roadmap will stimulate discussion and action, especially in areas where progress towards a nature-positive economy is lacking, by engaging and informing policymakers in national and international fora. Governments and stakeholders aligned with this Roadmap will be critical in championing a nature-positive economy.
The loss of nature poses major economic risks and costs, but reshaping economic incentives will create investment opportunities in nature-positive production and consumption and sustainable development pathways.
If we are to continue thriving on this planet, achieving a nature-positive economy is not an option, but a necessity.
Responding to this challenge, the Global Roadmap for a Nature-Positive Economy is a comprehensive agenda for action highlighting the global-level economic reforms needed to facilitate an equitable transition to nature-positive.
The Roadmap will launch in October 2024 ahead of COP16 in Colombia.
Why We Need a Roadmap
Individual countries will find it difficult to tackle biodiversity loss in isolation, as the rules and incentives embedded in the global economic and financial system do not support the aims set out under global goals for nature. To confront this challenge, we need an agenda for action to transform the enabling policy environment that determines investments in nature.This Roadmap will stimulate discussion and action, especially in areas where progress towards a nature-positive economy is lacking, by engaging and informing policymakers in national and international fora. Governments and stakeholders aligned with this Roadmap will be critical in championing a nature-positive economy.
The loss of nature poses major economic risks and costs, but reshaping economic incentives will create investment opportunities in nature-positive production and consumption and sustainable development pathways.
If we are to continue thriving on this planet, achieving a nature-positive economy is not an option, but a necessity.
“The Roadmap takes a pragmatic approach to transformation, setting out an agenda for action. The world and its governments must act now to reshape the global rules of the game. The status quo and our global economies are actively contributing to the devastation and degradation of nature. By taking action now, we can seek to create a nature positive economy that secures our future on this planet.”
Karen Ellis, Chief Economist at WWF-UK
CONTACT
For further information or to get involved, please contact Vassilis Gkoumas at vgkoumas@wwf.org.uk.
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What Our Supporters Are Saying
"It has never been clearer that we need a renewed economic model — one that no longer incentivizes the overexploitation of nature and instead prioritizes human well-being and ecological harmony. The Global Roadmap for a Nature-Positive Economy responds to this challenge by laying out a clear and collaborative path to transform our economy into a force for restoring and sustaining nature."
"This roadmap highlights the critical intersection between finance, nature, and sustainable investing. We endorse this roadmap as a crucial knowledge product for aligning financial flows with nature-positive goals. This is essential not just for biodiversity, but for the long-term health of our economies and the future of responsible investment."
“The state of nature is at a critical juncture. Halting and reversing the biodiversity loss crisis requires changes in unsustainable economic models, and energic action to align activities with nature recovery pathways. This Global Roadmap for a Nature-Positive Economy should be welcome by Financial Institutions and other major economic actors, as it highlights key pillars to enable this transition to a global nature positive economy."
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Pillars of the Roadmap
Global, science-based nature-positive transition pathways need to be mapped out to guide actors on what the transition to nature-positive should look like in key sectors of the economy. These are needed at both the global and national level — as already exists for the net-zero transition — and should take into account interactions with other sectors and competing demands on resources.
The development of international data sources and agreed-upon metrics to measure progress towards nature-positive, sustinability reporting and accountability mechanisms, and natural capital accounting frameworks that reflect the value of nature to local communities and rights-holders and facilitate the international scale-up of financing for nature-positive outcomes and investment in nature.
Changes to private capital markets needed to shift private financial flows away from nature-negative activities and towards nature-positive ones, which should include reforms to global financial regulatory frameworks to support the transition.
Expansion of the role of international financial institutions (IFIs) and development financing institutions (DFIs) in supporting and incentivizing the nature-positive transition and nature-positive development.
Trade policies and incentives to support equitable progress towards, and financially reward, higher environmental standards in goods traded, and appropriate governance frameworks for managing the global commons.
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LONDON CLIMATE ACTION WEEK 2024
WWF, in collaboration with the UN Climate Champions team and the World Economic Forum, hosted a panel event on June 26 at London Climate Action Week 2024 introducing the Roadmap and discussing the urgent need for a nature-positive economy, the barriers to achieving this, and positive strides that are being made by governments and non-state actors towards a nature-positive economy.
THE CALL FOR THE ROADMAP AT STOCKHOLM+50
Together with UNEP-WCMC, WWF launched the call for the Roadmap at a Stockholm+50 side event in June 2022. At the event, the Ministers of Environment for Nigeria, Finland and Colombia called for concrete actions towards a nature-positive economy, establishing the urgency of a politicall mandated and inclusive process to draft and advocate for a Global Roadmap for a Nature-Positive Economy.
This event discussed the global governance gaps that hinder economies from achieving these commitments and targets, and how this gap can be addressed alongside net zero governance reforms.
This event discussed the global governance gaps that hinder economies from achieving these commitments and targets, and how this gap can be addressed alongside net zero governance reforms.
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