State of Finance for Forests (SFF) report: Unlock. Unleash. Realizing forest potential requires tripling investments in forests by 2030

Published by UNEP, this report tracks global forest finance flows and gaps. With only US$84 billion mobilised in 2023, mainly public, it warns of a US$216 billion annual shortfall to 2030. The report urges governments to use sovereign green bonds, debt swaps and blended finance to crowd in private investment, while expanding integrity-based carbon markets and directing more funding to Indigenous and local communities.

REDD+: A vital tool to protect tropical forests and fight climate change

This report from the REDD+ Business Initiative makes the case for REDD+ as a proven, high-impact mechanism to conserve tropical forests. It outlines its evolution, governance structure, and benefits, including carbon reductions, biodiversity gains, and support for Indigenous communities.

Climate and nature risk report 2025

This Risilience report surveys 500+ sustainability and finance leaders on how large corporations are embedding climate and nature risk into business strategy. It finds growing board-level focus, but also major gaps in finance-grade modelling, Scope 3 integration, and quantifying nature risk.

Catalyzing carbon markets: The role and opportunity for financial institutions

This VCMI-ISFC report highlights how financial institutions can shape, scale, and de-risk high-integrity carbon markets. It outlines eight practical entry points, from fund management to policymaker engagement, to accelerate capital flows and build market confidence amid regulatory and reputational uncertainty.

Unlocking finance for nature-based carbon projects along the capital continuum

Nature-based carbon projects face acute early-stage finance gaps. This report applies the Capital Continuum Framework to match project risk profiles with appropriate financial instruments, from concessional capital and prepayments to credit-backed securitisation. It outlines how carbon finance can serve both catalytic and transitional roles, bridging high-impact landscapes to long-term sustainability. Backed by investor interviews and project case studies, it offers a structured pathway for unlocking finance at scale.

Global study on Indigenous Peoples’ climate contributions (executive summary)

Led by ELATIA with support from the Mohamed bin Zayed Fund, this study offers the most comprehensive mapping yet of Indigenous Peoples’ climate leadership. It distills insights from more than 700 initiatives, highlighting self-determined solutions, nature-based innovation, and climate justice in action. It calls for a radical shift in climate finance and governance, redirecting flows, reframing impact metrics, and ensuring Indigenous Peoples are not just stakeholders, but powerholders in climate decision-making.

2025 Playbook for climate finance: Investing in a thriving planet

TNC’s 2025 Playbook profiles 10 case studies that scale climate finance for nature. Models include blue carbon incubators, community-led MRV, and debt-for-nature swaps. The report offers replicable pathways to align capital with equity, climate resilience, and high-integrity nature-based solutions.

2030 Global Forest Vision: Priority actions for deforestation- and conversion-free finance

The Forest Declaration’s 2025 roadmap offers targeted actions for embedding deforestation- and conversion-free (DCF) standards across the financial system. Tailored guidance is provided for policymakers (fiscal tools, finance alignment), regulators (risk frameworks, stress testing), and investors (portfolio screening, nature disclosure). Designed to accelerate DCF capital alignment by 2030, the paper serves as a companion to the Global Forest Vision and complements national-level priority actions.

2025 state of funding for tenure rights

Compiled by RRI and RFN, this report provides the clearest picture yet of the state of funding for tenure rights between 2011–2024. It maps funding flows, reveals chronic underfunding of Indigenous and local tenure systems, and identifies key trends in disbursement mechanisms. The report offers six actions to rewire donor systems and ensure that more funding reaches the frontline defenders of land and forests. It serves as the data backbone of the global Path to Scale initiative.