Global experts to convene in Washington for discussions on future of sustainable finance
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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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