Responsible investment to combat land degradation emerges from Dragons’ Den
The World Bank
Restoring degraded land could inject $84 billion a year to the global economy, according to researchers, but public resources fall short of unlocking this potential.
Enter the Land Degradation Neutrality (LDN) Fund, which aims to help fill the funding gap by investing in projects on land rehabilitation and sustainable land management worldwide. The scope of its initial target is $300 million.
A first-of-its kind mechanism, the fund was initially presented at the 2016 Global Landscapes Forum (GLF) Investment Case Symposium in London as part of the “Dragons’ Den” competition, and it aims to leverage public resources to raise private money.
Through the initiative, public funders are expected to de-risk investments by private investors while simultaneously advancing climate and sustainable development goals.
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