The Nature Conservancy welcomes the recent NSW Government’s Natural Capital Statement of Intent.
Alison Rowe, Managing Director for The Nature Conservancy Australia (TNC) said that the Natural Capital Statement of Intent is a positive signal sent by the NSW government to investors.
“In Australia as in many parts of the world, recent years have been particularly challenging for communities. While the memories of the 2019 bushfires are still very vivid in everyone’s minds, floods have ravaged entire regions and are currently threatening people’s homes and lives in other parts of the country,” said Ms Rowe.
“Never has the depth of our shared dependence on a healthy environment been clearer. And never has it been more vital to call for follow-through on pledges to address the climate and biodiversity emergency.”
In 2020, the Financing Nature report by The Nature Conservancy, the Paulson Institute and the Cornell Atkinson Center for Sustainability, estimated that a nature-positive road to 2030 requires that we close the $700-billion-plus global financing gap now.
“Communities, governments, organisations like TNC and the private sector are already on the move to support nature-based solutions like reforestation, wetland restoration, and mangrove recovery,” Ms Rowe said.
“However, to finance the existing gap, investors need to be presented with opportunities to invest in the nature economy. These opportunities can only be created through strong inclusive partnerships between governments, the financial, corporate, conservation and agricultural sectors. The Nature Conservancy is looking forward to hearing more about the NSW Government’s plan to create these new markets and to work collaboratively on innovative and impactful financial solutions that will back the success of our conservation efforts.“
The Nature Conservancy is a global conservation organisation dedicated to conserving the lands and waters on which all life depends. Guided by science, we focus on getting things done efficiently and with the greatest positive impact for conservation. We’re a trusted organisation working in more than 70 countries and territories around the world on innovative solutions to our world’s toughest challenges so that nature and people can thrive together. To learn more about The Nature Conservancy in Australia, follow us on Facebook.