Chaired by the World Bank with support from PROGREEN, the role of the UN Decade Finance Task Force is to catalyze actions which can contribute to unlocking the capital needed to meet the Decade’s goals. The Task Force will coordinate and develop impactful research, tools, datasets, projects, and partnerships. It will take steps to increase awareness and foster political will in the public or private sectors, in support of scaling up investment in ecosystem restoration. The work of the Task Force falls under four key pillars:
- Pillar 1. Government and Sectoral Policy Levers
- Pillar 2. Knowledge, Data, and Tools
- Pillar 3: Financial Sector Regulation, and Initiatives
- Pillar 4: Financial Markets and Investment Instruments
The Task Force's first publication: Unlocking Restoration Finance — A Stocktake Report provides an overview of the current challenges to and opportunities for increasing public and private investment in restoration and looks at innovative approaches to financing restoration activities. The report also lays out a draft roadmap of actions the FTF will take to overcome challenges and contribute to scaling investment in restoration.
Unlocking Financing Solutions for Ecosystem Restoration, watch the complete recorded event.
The World Bank's chairing of the Finance Task Force is supported by PROGREEN, a global partnership that works on strengthening the management of forests, promoting sustainable agriculture to reduce deforestation and land degradation, and seeking to lessen the impact of sectors such as infrastructure, transport and mining on the land.