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It has dedicated a C$2 billion envelope to sustainable land management in forest and agricultural land sectors by 2026. Industry collectives, with the assistance of academics and other experts, can help asset owners develop a common understanding of what best practices are and help move companies in the right direction,” he added.
Remco Fischer, Climate Lead at the UN Environment Programme Finance Initiative (UNEP FI), notes that investing in adaptation “could bring opportunities for the private sector”. “First movers could reap the benefits from a market worth an estimated US$2 trillion per year by 2026, especially as climate impacts become increasingly intense and frequent,” (..)
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