Viewing nature as infrastructure is transformative, because it forces us to think in a more systemic way. As we pursue growth and development, we must not only avoid damaging nature; we must also strengthen and enrich it through “nature-positive” investments – all while tapping its vast potential to deliver essential services.
From natural seawalls to mangroves, countries are starting to combat climate change with nature-based solutions. COP28 might drive more of these efforts.
The World Bank Group is working across many fronts to help countries recognise both the value of nature and the risks that would follow from losing it.
Concrete plans and financing will be needed. The COP27 and COP15 summits can also be combined, writes former Colombian president Juan Manuel Santos. Climate change and biodiversity loss must be addressed in tandem.