Signs of ecological decline and climate disruption are intensifying. We are in a time of great unravelling, but also of potential renewal. The direction we take will be shaped in large part by how we redesign our financial system.

Over the past decade, nature finance has moved rapidly into the mainstream. New funds, standards and markets are emerging at pace. Yet the underlying logic of risk, return, and growth remains unchanged, and continues to deepen inequality and drive ecological breakdown.

Mobilising more capital will never be enough if finance itself is not redefined and reimagined.