G20 countries play a pivotal role in the transition to a just and sustainable economy as they represent 85% the world’s economy, and have the ability to collectively address critical economic, social and environmental challenges. They are perfectly placed to lead in implementing global goals, such as those set under the Global Biodiversity Framework (GBF) and the Paris Agreement, by facilitating policy measures and encouraging the support of nature-positive solutions worldwide to progress on these ambitious targets, whilst supporting a just transition.
In a series of three input papers, UNEP FI offers tangible recommendations for the G20 Sustainable Finance Working Group towards a nature-positive economy and a just transition.
- Recommendations from Voluntary Nature-Related Reporting Frameworks: This publication addresses implementation challenges with nature-related reporting, including small and medium-sized Enterprises (SMEs) in emerging and developing economies (EMDEs). Read here.
- Recommendations for Scaling Finance for Nature-based Solutions (NbS): Drawing from lessons learned from UNEP’s most recent annual State of Finance for Nature report, this paper offers the G20 Sustainable Finance Working Group (SFWG) with recommendations for regulatory frameworks that may scale finance for Nature-based Solutions (NbS). Read here.
- Incorporating Just Transition Considerations into Financial Sector Transition Planning: This paper outlines a strategic framework to prompt action on integrating environmental and social aspects into the core of financial institutions’ work as they serve as critical agents of change in the transition to sustainable practices. Read here.