The world needs to invest massively over the next six years to combat land degradation and desertification, which threaten food security, water resources and ecosystems. The UN estimates that at least $2.6 trillion will be needed by the end of the decade to restore degraded lands and combat desertification.
Climate change, frequent droughts, and growing food needs amid global population growth pose serious risks to the stability of societies.
According to Thiaw, a significant portion of the approximately $1 billion per day needed must come from the private sector. Currently, the sector provides only 6% of the funds needed, while the main burden of financing falls on public resources. Thiaw stressed that the private sector, a major driver of land degradation through food production, must be more actively involved in land restoration.
This global challenge requires immediate action and financial participation from both governments and private companies.
