Global experts to convene in Washington for discussions on future of sustainable finance
- Impact Area
The World Bank
More than 250 financial experts, policymakers and environmentalists will meet in Washington on May 30 to tackle the challenge of funding the restoration of more than 2 billion hectares of degraded land worldwide, a footprint larger than South America.
Land degradation is estimated to cost the global economy from $2 to $4.5 trillion a year, while economic benefits of restoration efforts are an estimated at $84 billion a year, according to a 2017 research paper published in Environmental Research Letters, and statistics from World Resources Institute.
Delegates at the third annual “Global Landscapes Forum (GLF) Investment Case Symposium: Building the Investment Case for Sustainable Landscapes and Restoration,” hosted by the World Bank, will explore the investment potential contained in millions of hectares of degraded land.
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