The State of Nature in Local Spending and Fiscal Priorities: How cities can track nature-based investments

Partnerships for co-creation of knowledge and research
Empower cities to act, raise ambition, and scale implementation
Knowledge-sharing on a specific topic, method, and/or output
Awareness-raising on a specific topic, method, and/or output

Amanda Lloyd

Program Director, Global Programs

23 Jun | 12:20–12:45
organization
Penn Institute for Urban Research
country
United States of America
Reference: 
CR9-05
Finance and Implementation
Research Papers (25-minute session)
Conference room 9 (CR9)

Summary

Working with the UN Environmental Programme Cities Unit and Generation Restoration cities, researchers at the University of Pennsylvania investigated the State of Finance for Nature in Cities, highlighting the need for better data and tools to help cities integrate Nature based Solutions (NbS) into their financial and planning frameworks. Initial results were published in 2024 and preliminary profile testing was conducted for all 24 Generation Restoration Cities 2025.

Investments in urban nature and nature-based adaptation solutions are undervalued and undercounted. When investments are undercounted, they are less likely to be considered high-value, cost-effective spending priorities for limited resources. By mapping and tracking types of nature investments in cities and across city budgets, practitioners can better understand the role of nature in their mission, objectives and services, and more effectively advocate for further investments.

During the I4Cities session, we will present the methodology and framework as well as the lessons learned from the 24 profiles created for the Generation Restoration Cities

Event files

Partners

Organization
Country
Penn Institute for Urban Research
United States of America

Session panelists

Panelist
Role
Organization
Country
Amanda Lloyd
Program Director, Global Programs
Penn Institute for Urban Research
United States of America
Sharon Gil
City Unit, Lead for Cities and Regions
United National Environmental Programme
France
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