UN warns of £200 billion annual funding gap to prevent global land degradation

The UN warns that £200 billion more is needed annually to combat global land degradation, with current funding falling far short. An estimated £260 billion is required each year to address the escalating problem, but only £56 billion is currently mobilized, risking food security and increasing conflict. The UN Convention to Combat Desertification highlights the need for new financing solutions beyond public budgets, involving the financial sector and private capital.