Even though the global economy depends on a stable climate and reliable ecosystem services, businesses and financial institutions are not required or incentivised to invest in nature. Central banks and supervisors could change that trajectory simply by fulfilling their financial-stability mandate.
The UN has declared 2025 the International Year of Glaciers' Preservation as climate change speeds up ice loss not only in the Arctic and Antarctica, but in Asia's Hindu Kush Himalayas, which is warming three times the global average rate.
The ‘rights of nature’ is an allied approach, but nature needs something with more and broader teeth, that can elicit a moral and political consensus on the need for nature conservation.
Countries which govern half the world's territorial oceans have yet to integrate ocean-focused solutions into their nationally determined contributions, or NDCs, due for an update by February 2025.