At the Transformative Action for Nature and People event in New York in September 2021, game-changing new financing commitments for nature and people – including the biggest-ever philanthropic commitment to nature conservation – were announced, in a move seen as crucial to unlock even greater investments in conservation and plug the gap in funding to reverse global nature loss and secure a nature-positive world.
Nine organisations have joined together to pledge $5 billion over the next 10 years to support the creation, expansion, management and monitoring of protected and conserved areas of land, inland water and sea, working with Indigenous Peoples, local communities, civil society and governments. This marks the largest private funding commitment ever to biodiversity conservation.
This commitment to ensure 30 percent of the planet is protected and preserved in the most important places for biodiversity by 2030, has been made jointly by Arcadia – a charitable fund of Lisbet Rausing and Peter Baldwin, Bezos Earth Fund, Bloomberg Philanthropies, Gordon and Betty Moore Foundation, Nia Tero, Rainforest Trust ($500 million), Re:wild, Wyss Foundation ($500 million) and the Rob and Melani Walton Foundation. These private funders have launched the “Protecting Our Planet Challenge.”
World leaders including UK Prime Minister Boris Johnson, German Chancellor Angela Merkel, Costa Rican President Carlos Alvarado Quesada, Colombian President Iván Duque Márquez, and President of Nigeria Muhammadu Buhari, contributed to the event.
More information is available.