"Ultimately, the speed with which the new sustainable financial system develops will be decided by the ambitions of governments’ climate policies. Governments can reinforce the efforts in the private sector by setting clear and credible climate policies, which will provide more certainty to the market, crowd in private investment and ensure that private financial markets pull forward adjustments from the future. This will minimise costs and smooth adjustments." Building a Private Finance System for Net Zero - Priorities for private finance for COP26.
"The potential for private capital to support biodiversity conservation will only be realized if appropriate governmental policies, regulations, and incentives are in place." Financing Nature: Closing the Global Biodiversity Financing Gap