We need to talk about biodiversity” series. Countdown to Cali. Private sector contributions to resource mobilization
Detalles
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Aligning financial flows with the Kunming-Montreal Global Biodiversity Framework (GBF) is crucial to tackling harmful financial practices, while scaling up financing that positively impacts nature and biodiversity. Resource mobilization for MGB involves contributions from both the public and private sectors, and the upcoming COP16 negotiations will play a key role in defining the monitoring framework for the resource mobilization indicator (Indicator D3). This framework will assess the effectiveness of private sector support to biodiversity, ensuring alignment with MGB objectives and contributing to global conservation efforts. Effective monitoring and alignment of financial flows requires a clear understanding of the definitions, frameworks and practices that are considered biodiversity finance. Two key documents will be presented in this webinar: the nature-positive document of UNEP FI and Finance for Biodiversity Foundation (FfB) and the document on business and investment models for nature of the EU Business & Biodiversity Platform. In addition, the webinar will provide insight into what to expect from COP16 in Cali, Colombia, and will feature a panel discussion on how financial institutions can improve and track positive impact finance. |
