On the WWF website, navigate to the 'Climate Finance' program page. Explain how WWF addresses the estimated annual funding gap for nature-based solutions, including their three main areas of expertise and the two major international funds they are accredited to work with. State the estimated funding gap.
Navigate to 'worldwildlife.org'. Navigate to the 'Climate' section of the website. From the 'Climate' section, navigate to the 'Climate Finance' program page. Identify the estimated annual funding gap for nature-based solutions (NbS). Identify WWF's three main programming expertise areas related to climate finance. Identify the two leading multilateral funds for which WWF is an accredited entity. Synthesize all identified information into a concise answer explaining how WWF addresses the funding gap.
State that the estimated annual funding gap for nature-based solutions (NbS) is $700+ billion. Explain that WWF addresses this gap through its long history of implementing landscape-level conservation activities, including initiatives like the Project Finance for Permanence (PFP) approach. List the three main programming expertise areas: Multilateral/bilateral climate finance; Promoting innovative ways to combine climate funding with conservation funding in priority landscapes and seascapes; and Corporate climate finance and environmental markets. Identify the two leading multilateral funds as the Green Climate Fund (GCF) and Global Environment Facility (GEF).