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Pioneering study reveals that limiting global warming to 1.5ºC could reduce the global economic costs of climate change by two thirds. If warming continues to 3ºC, global GDP will decrease by up to 10 percent - with the worst impacts in less developed countries.

Private finance is crucial for scaling up forest and landscape restoration projects, but a yearly funding gap of over $700 billion for biodiversity conservation hinders progress. A study led by Sara Löfqvist suggests stronger policy mandates, expanded and diversified markets for restoration benefits, and novel financial instruments are needed.