If the world is to significantly reduce the risks and impacts of climate change, it must hold the increase in the global average temperature to well below 2°C above pre-industrial levels and endeavour to limit the temperature increase to 1.5°C.
This report by the World Economic Forum and McKinsey outlines the potential for natural climate solutions (NCS) to address the converging crises of climate change and nature loss, while also helping to deliver sustainable development in line with the UN Sustainable Development Goals (SDGs) – providing equitable livelihoods, advancing education and equality, and improving natural resource management.
The report explores the opportunities and challenges involved in NCS, providing detailed guidance on the role policymakers and businesses can play in curbing climate change. It also seeks to create discussion with stakeholders on the role of NCS to mitigate both climate and nature crises, as well as appropriate implementation strategies to build trust and confidence in the market.