From Grey to Green: Better Data to Finance Nature in Cities - State of Finance for Nature in Cities 2024

        From Grey to Green: Better Data to Finance Nature in Cities - State of Finance for Nature in Cities 2024


          Article summary

          The State of Finance for Nature in Cities 2024 report: From Grey to Green: Better data to finance nature in cities, highlights the need for better data and tools to help cities integrate Nature based Solutions (NbS) into their financial and planning frameworks. The report showcases how investments in urban nature can support cities in addressing climate change, biodiversity loss, and land degradation, with global NbS financing needing to rise from USD 200 billion to USD 542 billion by 2030. Through case studies and an innovative Urban NbS Framework, this report guides cities on how to track, budget, and scale their investments in nature, offering a path toward greener, more resilient urban futures.

          In a nutshell, this resource offers:

          • An explanation for why it is important to track NbS in city government.
          • City case studies about tracking NbS. 
          • A framework for tracking NbS. 

          How to use this resource:

          • As a model for including NbS in city accounting processes. 
          • As a roadmap for increasing investments in NbS

          Author: United Nations Environmental Programme

          Date published: 2024

          Citation: United Nations Environment Programme (2024). From Grey to Green: Better Data to Finance Nature in Cities - State of Finance for Nature in Cities 2024. https://wedocs.unep.org/20.500.11822/46453.

          Resource is available online here.

           

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