Finance Solutions for Nature 2025

Contributors Acknowledgements The World Economic Forum and McKinsey & Company would like to extend their gratitude to the following individuals for their valuable contributions to this report. The paper does not necessarily reflect the views of these individuals and/or their organizations. Expert advice is purely consultative in nature and does not imply any association with the takeaways or conclusions presented within this paper. The Global Future Council on Natural Capital 2025/26 The Forum thanks the following members of the Council who provided their guidance and insights throughout the development of this report: Matthew Arnold Global Head, Impact Finance and Markets, The Nature Conservancy Ben Caldecott Founding Director, Oxford Sustainable Finance Group, University of OxfordIlona Szabó de Carvalho Co-Founder and President, Igarapé Institute Akim Daouda Founder, Mwaana Inc. Douglas R. Eger Chairman and Chief Executive Officer, Intrinsic Exchange Group Valerie Hickey Global Director, Climate Change Department, World Bank Kumi Kitamori Deputy Director, Environment Directorate, Organisation for Economic Co-operation and Development (OECD) Claudia Kruse Chief Sustainability Officer, APG Asset Management Dorothy Maseke Head, African Natural Capital Alliance Secretariat; Africa Lead, Nature Finance & TNFD, FSD Africa Gustavo Manrique Miranda Chairman, Premios Verdes; President, SambitoWorld Economic Forum Shivin Kohli Lead, Financing for Nature Alessandro Valentini Lead, Innovative Finance for NatureMcKinsey & Company Martina Beshparova Senior Associate Oisín Campbell Senior Associate Christoph Weigl Engagement Manager Finance Solutions for Nature: Pathways to Returns and Outcomes 43