![Unlocking Nature-Smart Development : An Approach Paper on Biodiversity and Ecosystem Services Unlocking Nature-Smart Development : An Approach Paper on Biodiversity and Ecosystem Services](https://interlace-hub.com/sites/default/files/styles/scale_to_300px_square/public/images/news/zinko-hein-qshdqcjzhoa-unsplash_1.jpg?itok=rgw_N1NF)
News
8 August 2021
The World Bank has just released a new approach paper, Unlocking Nature-Smart Development, framing the management of biodiversity and ecosystem services as a development issue, from both the risk and opportunity perspectives.
It proposes six global response areas aimed at rebalancing nature and economic prosperity:
● Engage economic and financial decision makers
● Integrate nature and nature-based solutions into sector investments
● Enhance local benefits of conserving and sustainably managing nature
● Mobilize finance
● Produce metrics and decision support tools
● Leverage partnerships