Accounting for Nature - Regionalprogramm Energiesicherheit und Klimawandel in Asien und Pazifik
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In the Asia Pacific region, biodiversity loss is closely linked to unstainable agricultural activities and deforestation. Southeast Asia has the highest rate of deforestation, followed by Africa and South America. It is well recognized that the protection of the biodiversity and ecosystems is essential to the economic development of the emerging markets in this subregion. Thus, the national governments have taken steps to mitigate the negative impacts on biodiversity, but a significant gap has been identified in finance to achieve their biodiversity targets. Policies and mechanisms to increase funding for conservation are subject to improvement. Meanwhile, compared with other regions in the world, development banks in Asia were found to be most exposed to biodiversity risks. There are increasing calls for the private sector to reassess the impact of their portfolios on biodiversity to enhance investments and actions for nature based solutions.