The report quantifies the value of mangroves as an asset for investors, and proposes a blueprint to embed this value in the financing of climate adaptation of vulnerable cities. In doing so, Earth Security is proposing to use nature-based solution as a cost-effective way to close the gap in financing of $65 trillion that cities need to upgrade their infrastructure to deal with climate change by 2030.
The report was launched with a webinar that brought together partners from the finance sector, identifying leverage points from global banking, development finance, and philanthropy to move the agenda forward. The panel provided further insight into the development of this agenda, which Earth Security is taking forward with its partners.
Zoë Knight, Managing Director, Group Head, HSBC Centre of Sustainable Finance, HSBC
Elizabeth Lloyd, Chief Impact Officer, CDC Group
Maya Ziswiler, Executive Director, Programs and Social Finance, UBS Optimus Foundation, UBS
Dr Eszter Mogyorósy, Head of Innovative Finance, ICLEI - Local Governments for Sustainability
Jaffer Machano, Head of Municipal Finance, UN Capital Development Fund (UNCDF)
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