?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.title=The+economic+and+financial+risks+of+implementing+the+'30x30'+Global+Biodiversity+Framework+targets&rft.creator=Kedward%2C+Katie&rft.creator=Poupard%2C+Adam&rft.description=The+Global+Biodiversity+Framework%E2%80%99s+%E2%80%9830x30+targets%E2%80%99+aim+to+restore+and+conserve+30%25+of+degraded+ecosystems+by+2030%2C+as+part+of+broader+efforts+to+halt+and+reverse+nature+loss.+The+macrofinancial+risks+of+conservation-related+land+use+constraints+economies+remain+underexplored%2C+yet+increased+competition+between+land+uses+calls+into+question+potential+trade-offs+between+economic+development+and+ecosystem+protection%2Frestoration.+This+paper+first+presents+a+novel+conceptual+framework+articulating+the+channels+by+which+a+transition+to+implement+the+30x30+targets+may+affect+economic+and+financial+stability.+A+key+finding+of+this+framework+is+that+the+importance+of+productive+land+to+primary+commodity+production%2C+as+well+as+the+specific+role+land+plays+within+the+financial+system%2C+means+that+land-related+transition+policy+shocks+impose+additional+and+distinct+risk+transmission+channels+compared+to+climate-related+policy+shocks.+Next%2C+the+paper+uses+a+simple+cluster+analysis+approach+to+explore+which+countries+and+regions+might+be+most+exposed+to+increased+land+competition+between+conservation+and+economic+activities%2C+indicating+where+macrofinancial+risks+might+be+most+likely+to+emerge.+Our+results+suggests+that+risks+are+likely+to+be+disproportionately+skewed+towards+low-+and+middle-income+countries%2C+that+generally+have+a+higher+proportion+of+lands+of+conservation+importance%2C+a+higher+exposure+to+land+competition+pressures%2C+and+a+lower+adaptability+of+the+economy+to+pressures+on+the+food+system.+Our+findings+contribute+to+the+growing+literature+on+nature-related+transition+risks+and+also+provide+crucial+insights+for+policymakers+advancing+green+transition+strategies.&rft.publisher=UCL+Institute+for+Innovation+and+Public+Purpose+(IIPP)&rft.date=2024-10-16&rft.type=Working+%2F+discussion+paper&rft.language=eng&rft.source=++++(UCL+Institute+for+Innovation+and+Public+Purpose%2C+Working+Paper+Series++2024-13).+UCL+Institute+for+Innovation+and+Public+Purpose+(IIPP)%3A+London%2C+UK.+(2024)+++++&rft.format=text&rft.identifier=https%3A%2F%2Fdiscovery.ucl.ac.uk%2Fid%2Feprint%2F10200098%2F1%2FKedward_wp_2024_13.pdf&rft.identifier=https%3A%2F%2Fdiscovery.ucl.ac.uk%2Fid%2Feprint%2F10200098%2F&rft.rights=open