Join our speakers for a digital roundtable on the need to disclose risks and dependencies and ensure that existing pressures on nature are minimized while financing projects that regenerate life. They will share their best practices and present the products they have put in place to participate in the biodiversity challenge. Finally, they will discuss the still prospective subject of the "positive nature" certificate market.
Description and context
Biodiversity has been eroding for decades. There is no need to quote the figures of the IUCN, the WWF or the UNEP to be convinced. It is enough to note the decline of fish in the ocean, of birds in the fields or more globally, of insects. The economy, which is mostly directly or indirectly dependent on the living fabric of our planet, must imperatively and structurally transform itself in order to reduce the pressures it exerts on nature, or risk collapse. The financial sector must therefore ensure that it participates in the transformative change of an economy that can today be considered predatory, and reduce the risks to the production of global public goods and to financial stability.
The Montreal-Kunming Biodiversity Accord, also known as the "Peace Pact for Nature," adopted in mid-December 2022, calls for halting biodiversity loss by 2030 and regaining it by 2050. The international community has agreed to redirect global financial flows to "nature positive" projects by mobilizing a total of at least $200 billion for biodiversity by 2030. Notable in this decision is the opening up of a fund called the "Global Biodiversity Framework Fund" hosted by the Global Environment Facility, starting in 2023, to "rapidly mobilize and disburse" new and additional funding resources from all possible sources: public, private, multilateral banks, etc. The Agreement suggests using various private financing mechanisms such as payments for ecosystem services, debt for nature swaps and bio-credits.
This webinar, organized jointly by the Sustainable Finance Institute and Finance Montreal, will address the financing of the global framework for biodiversity and the implementation of the Global Biodiversity Framework resulting from the Montreal-Kunming Agreement. Join our speakers for a digital roundtable on the need to disclose risks and dependencies and ensure that existing pressures on nature are minimized while financing projects that regenerate life. They will share their best practices and present the products they have put in place to participate in the biodiversity challenge. Finally, they will discuss the still prospective subject of the "positive nature" certificate market.
Program
Speakers
Moderators
This online presentation will be given in French.
The webinar link will be provided the day before the event.