Today, at the 2024 United Nations Biodiversity Conference, Conservation International, The Nature Conservancy, The Pew Charitable Trusts, Re:wild, The Wildlife Conservation Society, and World Wildlife Fund in the US announced the formation of a coalition to scale climate and conservation outcomes through the use of sovereign debt conversions.
The Context
The world is facing dual crises: rapid biodiversity loss and devastating impacts of climate change, both affecting human wellbeing. Protecting nature is key to solving these crises, but solutions are costly, and time is running out. For the first time in human history, more than 200 nations have united around a common goal to conserve 30% of their land and water and…