Prince William photographed in Peterborough, England on July 16, 2020.
Kirsty Wigglesworth – WPA Pool | Getty Images News | Getty Images
The British Prince William has underlined the importance of investing in nature in order to combat climate change and protect our planet.
In comments made during a discussion on Thursday at the virtual spring meetings of the International Monetary Fund and World Bank Group, the Duke of Cambridge spoke of what he called the “intrinsic link between nature and climate change”.
“We need to invest in nature through reforestation, sustainable agriculture and supporting healthy oceans as it is one of the cheapest and most effective ways to combat climate change,” he added.
“It removes carbon from the atmosphere, helps build more resilient communities, combats biodiversity loss and protects people’s livelihoods. This is vital if our children and grandchildren are to live sustainably on our precious planet.”
Even so, the prince said, investing in nature “remains a small part of global efforts and represents a fraction of the money spent on combating climate change.”
He said: “You all here at the World Bank and in each of the multilateral development banks play a vital role in supporting a green, inclusive and resilient recovery from the pandemic, assessing nature and putting it at the center of your pandemic work and through increased investment into a future in which the natural world can flourish. “
Williams’ comments come at a time when financial institutions, banks, and other organizations are under scrutiny, calling for a move away from fossil fuels and other sectors that are classified as polluting.
In recent years, ideas related to nature-based solutions (NBS) have gained in importance in some areas.
Described by the European Commission, the executive branch of the EU, as “actions inspired, supported or copied by nature”, examples of NBS are wide and varied.
For example, they could include installing and adding green roofs and walls in urban areas to improve air quality. The restoration of forests and coral reefs could also be classified as a nature-based solution.
A family affair
The Duke of Cambridge isn’t the only member of the British royal family who has views on the environment. In September, his father, Prince Charles, called for a “Marshall-like plan for nature, people and planets.”
On the opening day of Climate Week NYC, the Prince of Wales described the coronavirus pandemic as a “wake-up call we just can’t ignore” and said he has “long observed that people tend to act only when they do . ” a real crisis. “
“Ladies and gentlemen, this (environmental) crisis has been with us for far too many years, condemned, vilified and denied,” he claimed.
“It is now quickly becoming a major catastrophe that will dwarf the effects of the coronavirus pandemic. At this late stage, I see no other way forward than to call for a Marshall-like plan for nature, people and the planet.”
The Marshall Plan, named after former US Secretary of State George C. Marshall, saw the US allocate billions of dollars to rebuild Western Europe after the devastation of World War II.
It was announced on Friday that Prince William’s grandfather, Prince Philip, the Duke of Edinburgh, had died. He was 99 years old.