In the face of increasingly likely dangerous climate change, many developing countries are designing green economy or low-emissions development strategies, but are simultaneously on a course of investment locking them into high-emission infrastructure.
The Sustainable Development Goals and Paris Climate Agreement have brought considerable focus on poverty reduction and climate change. Central to both poverty and climate, yet receiving much less attention is natural capital: life on land (SDG 15) and life in the water (SDG 14).
Overreliance on investment in the so-called ‘brown economy’ between the late 20th and early 21st centuries led to a state of financial imbalance and was a contributing factor in the global financial crises of 2008.
The United Nations Environment Programme (UNEP), Economics of Land Degradation (ELD) Initiative hosted by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), and the Tropical Forest Alliance 2020 (TFA) hosted at the World Economic Forum, have issued a call for best practices on the