Investing in land’s future: Financial needs assessment for UNCCD
To identify gaps between current investment pathways and the resources required to effectively implement the Convention, United Nations Convention to Combat Desertification (UNCCD) decision 13/COP.15 requested the Global Mechanism to conduct a financial needs assessment (FNA). This document presents the main report of the assessment, highlighting key findings and trends on the financial needs for the implementation of the Convention, as well as resource mobilization strategies and financial solutions to close the funding gap.
The key findings focus on the following major aspects:
- Growth in investment volume
- Share of investments by source
- Substantial funding gap
- Wider gap seen in stretch goals
- Higher cumulative needs
- Need for speedy interventions
- High cost of inaction
- Potential for high returns on investment
- Much is left to be done
- Benefits of action and progress on Sustainable Development Goals (SDGs)
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