The Welsh Government is developing a new approach to sustainable finance for nature’s recovery. This approach is intended to increase and diversify the funding available so that we can effectively tackle the nature emergency and the pressures that drive biodiversity loss – including climate change, pollution, and unsustainable management of natural resources.
Recognising the concerns that exist about sustainable finance Welsh Government is consulting on a set of principles. These principles are intended to ensure any funding is high integrity, benefits and engages local communities and avoids inappropriate land use change and green washing.
They are designed to be part of a wider approach by Welsh Government to create an enabling environment for high quality ecosystem services markets tailored to Wales’ specific needs and social, cultural and environmental context.
Submit your comments by 3 December 2024: Draft Sustainable Investment Principles | GOV.WALES
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