The economy depends on nature. Nobody puts it on the books.
Half of world output depends on living systems. We measure what the economy takes from nature, what it does to it, and what that is worth, company by company, fund by fund, and we publish it.
US$231,481 every second. US$7.3 trillion a year flows directly against nature, more than thirty times what flows toward it.
What we publish, and when.
Free to read, every figure with its source and date. Our tools and advisory work pay for it, and ratings are never for sale.
From 19 OctoberNature Balance SheetsWhat each listed company takes from nature, does to it, and has at risk
From 19 OctoberThe Nature QuadrantEvery company placed by its dependency on nature and its impact on it
During COP17Fund Truth 2026Every fund sold as biodiversity or nature, rated on its holdings
LiveThe Nature TickerWhat the world finances against nature and for it, with sources
ThursdaysThe BE BriefOne chart, one number, one argument, by email
The Nature Ticker
US$7.3tn a year of private finance and public subsidies flowing directly against nature. UNEP, State of Finance for Nature 2026.
US$220bn a year into nature-based solutions. Nine-tenths of it is public money. UNEP, 2026.
Nature needs US$571bn a year by 2030. It is getting 38.5% of that. UNEP, 2026.
19 to 30 October 2026. The ISSB has said it will publish its nature disclosure proposals for comment in October. Nature becomes an accounting line item.
30 December 2026. Soy, palm oil, cocoa, coffee, beef, rubber and timber sold into the EU must be proven deforestation-free. The regulation.
Over half of world GDP is moderately or highly dependent on nature. WEF and PwC, Nature Risk Rising.
For every dollar spent protecting nature, more than thirty are spent degrading it.
One seed for every US$10 million financed against nature today. Every thirty-fourth seed is green: that is everything the world invests in nature-based solutions. The head fills through the day at the real rate. 0 seeds so far today.
The other side of the ledger.
What the world is putting back: money, area, restoration, deals and disclosure. Smaller numbers, and every one of them growing. Sources at the foot of the page.
US$6,976 every second: US$220bn a year into nature-based solutions, the figure that has to reach US$571bn by 2030.
Governments put in US$197bn of the US$220bn. Nine-tenths of what nature gets is taxpayers' money.
US$23bn a year from companies, banks and funds. The part that has to grow fastest.
Sovereign debt swapped for nature: Seychelles, Belize, Barbados, Gabon, the Galápagos, the Bahamas, El Salvador, Ecuador's Amazon. About US$1bn of it through The Nature Conservancy's six Nature Bonds alone.
Organisations in 56 countries have adopted the TNFD's nature disclosures, including asset managers with US$22.4tn under management. TNFD, November 2025.
Each one is a policy or a deal a reader could copy. More in the Solutions strand of the notes.
The Nature Balance Sheet for the world's largest companies.
What each company takes from nature, what it does to it, what it discloses, and what that is worth at risk, the Extinction Discount. Free to read. Independent. Methodology public. Every company sees its scores ten working days before we publish, with a right of reply.
How the scores workThe BE Brief
One chart, one number, one argument. Thursdays. Be first to see the Nature Balance Sheets, the Nature Quadrant and Fund Truth 2026.
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Notes
All notesSources and method
- UNEP, State of Finance for Nature 2026 (22 January 2026; 2023 data): finance flows directly harmful to nature US$7.3tn a year (US$4.9tn private, US$2.4tn public subsidies); nature-based solutions US$220bn a year; US$571bn a year needed by 2030.
- WEF and PwC, Nature Risk Rising (January 2020): US$44tn of economic value generation moderately or highly dependent on nature.
- CBD COP17, Yerevan, 19 to 30 October 2026. IFRS and ISSB: nature-related disclosure exposure draft for public comment in October 2026, drawing on TNFD. EU Deforestation Regulation: applies to medium and large operators from 30 December 2026.
- UNEP, State of Finance for Nature 2026 (as above): of the US$220bn a year into nature-based solutions, US$23bn is private and about US$197bn public; investment must rise 2.5 times by 2030.
- UNEP-WCMC and IUCN, Protected Planet Report 2024 (28 October 2024): 17.6% of land and inland waters and 8.4% of the ocean and coastal areas in documented protected and conserved areas; growth since 2020 of more than twice the area of Colombia. Target: 30% by 2030, Kunming-Montreal Global Biodiversity Framework, target 3.
- IUCN, Bonn Challenge at fifteen (17 November 2025): over 210 million hectares pledged by more than 60 countries, subnational governments and private partners, against a 350 million hectare goal by 2030. India (29 June 2026): 21.76 million hectares under restoration.
- Debt conversions for nature, at least US$1.8bn committed to conservation, our sum of three published figures: The Nature Conservancy, six Nature Bonds projects (15 December 2024), about US$1bn of conservation funding across Seychelles, Belize, Barbados, Gabon, the Bahamas and Ecuador's Amazon; Pew, the Galápagos conversion (May 2023), more than US$450m over about 20 years; LatinFinance, El Salvador (completed late 2024), US$350m over 20 years for the Lempa river basin. Smaller bilateral swaps under the United States' Tropical Forest and Coral Reef Conservation Act are not included.
- TNFD, TNFD Adopters (November 2025): over 733 organisations across 56 countries and areas; asset managers overseeing US$22.4tn; listed companies with US$9.4tn of market capitalisation.
- What works: World Bank, Costa Rica's forest conservation pays off (16 November 2022), forest cover "close to 60% of the country, having shrunk as low as 40% in 1987", and CBD, Costa Rica's payments for environmental services programme, adopted in 1997 under Forestry Law 7575 and funded mainly by a tax on fuel sales; State House Seychelles, 30% of the EEZ designated (26 March 2020), 410,000 km²; NACSO, communal conservancies, 86 conservancies covering 166,184 km² with about 244,587 people.
The counters divide annual figures evenly across the year (US$7.3tn over 31,536,000 seconds is US$231,481 a second). Real flows are lumpy; the rate is the honest average. How the scores behind the Balance Sheets, the Quadrant and Fund Truth are built is set out on the Method page; corrections are listed on the Corrections page.