The UNCTAD World Investment Forum (WIF) 2023, from 16 to 20 October, will convene more than 7,000 stakeholders from 160 countries to rally investments for climate action, food security, the energy transition, supply chain resilience and productive capacity growth, particularly in the poorest countries.
NatureFinance is partnering with the WIF to make sure that nature-related risks and opportunities are high on the agenda.
Financing an Equitable Nature Economy
Date: 19th October 2023 │ Time: 16:00 to 17:30 GST │ Location: Abu Dhabi National Exhibition Centre │ Register │ ADD TO CALENDAR
About the Event
Our US$105trillion global economy is 100% dependent on nature.
At the same time, nature loss is accelerating under pressure from an extractive global economy and the destructive impacts of climate change. In response, there has been a rise of ‘nature markets’, with nature is increasingly priced into economic activities.
This historic shift towards valuing nature could catalyse a nature economy where markets work for people and the planet or it could cause further damage to nature, worsen the climate crisis and deepen inequities. To shape an equitable, nature positive economy we need to rewire the system to properly reflect nature’s value and benefits in our financial system and prioritise investments in nature to reap those benefits.
Since its inception in April 2022, the Taskforce on Nature Markets has identified and highlighted both the potential and dangers of nature markets. In its final report launched at the 2023 Brazil PanAmazonic Summit, the Taskforce set out 7 ambitious recommendations that can be actioned by policy makers, market actors and citizens to catalyse a global nature economy in the 21st century.
This World Investment Forum session will highlight and debate pathways for ’Financing an Equitable Nature Economy’, recognizing the need for an effective measure of the state of nature to deliver nature and climate goals – a theme that is already high on the COP28 agenda being set by the Presidency together with UNFCCC.
The event will also explore the increasing awareness from policymakers, regulators, central banks and financial institutions that rapid action must be taken on nature and climate as two inextricably linked challenges with serious implications for monetary and financial stability.
Speakers:
Eva Ramos Pérez-Torreblanca,Director, Environmental Analysis and Economics, Environment Agency, Abu Dhabi
Feven Tsehaye,Founder, Chakka Origins
Gilles Bernard Bonneveau,CEO Special Advisor, SouthBridge Investments
Ilona Szabó de Carvalho,Chief Executive Officer, Igarapé Institute
“As the world faces multiple crises, we urgently need investment stakeholders worldwide to ignite action, unlock more funds and channel them to vital sectors key to reducing the effects of these crises”
Rebeca Grynspan, UNCTAD Secretary-General and member of the Taskforce on Nature Markets
Analysis of four specific nature markets (food, credits, illegal and finance) and 7 recommendations for policy makers, market actors and citizens to catalyse a global nature economy.
General requirements for nature-related disclosures and recommended disclosures structured around four pillars: governance, strategy, risk and impact management, and metrics and targets.
Find out more about Landler, an outcome-based asset class which rewards land stewards for regenerative practices.
Find out more about Restor, is an online platform and hub for restoration and conservation projects around the world.
