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9. Recommen­dations for Nordic decision-makers

Incorporate biodiversity clearly into the mandate of the Nordic Financial Institutions
The global biodiversity situation has deteriorated more severely than the climate situation
Steffen et al. (2015)
, and there is a clear need for financing nature positive initiatives. This needs to be reflected in the mandates of the Nordic Financial Institutions, where biodiversity needs to be integrated at the same level as climate.
Support sub-national authorities in biodiversity financing
Provide guidelines and capacity building on how to incorporate biodiversity considerations in public financing, for example, through green bonds targeted at biodiversity.