The coalition aims to mobilise $10 billion by 2030 to restore up to 5.5 million hectares of degraded land. This demonstrates a growing global recognition that biodiversity-rich communities can lead sustainable economies if given access to capital.

Credits: Unsplash; Author: Anna Roberts;

The coalition plans to invest $500 million in forest community businesses, recognising them as central players in the bioeconomy. The coalition’s backers include public banks, global financial institutions and philanthropists, signalling a shift in how forest conservation and bioeconomy are financed.