GEF Early Action Support Webinar Series – Webinar #7: Biodiversity Finance: Exploring public and private finance opportunities for NSBAPs

Organizers:

 Languages: English, French, Spanish, Russian
Date: 5 December 2023
Sessions: 1 session
Commitment: 90 min

Webinar 7 Meet the Experts Access the Early Action Support Project PageQ&A

The ambitious targets Kunming-Montreal  Global  Biodiversity  Framework (GBF) aim to create a system where businesses, the finance sector, and governments align financial flows to achieve a nature-positive future.  This webinar is aimed at supporting CBD Parties to better understand the possible application of public and private finance to their NBSAP revision and update. During this webinar, the United Nations Development Programme Biodiversity Finance Initiative (UNDP BIOFIN) and United Nations Environment Programme  Finance Initiative (UNEP FI). BIOFIN and UNEP FI will provide an overview of the partnership and its goals, will introduce the recently released briefing note, and will gather information from the audience about which topics they would like to learn more about and what they would like to gain from this partnership. BIOFIN countries will share practical applications of the work, and UNEP FI will showcase examples with representation from the private sector. A  facilitated question and answer session will follow.

We are also excited to share that UNDP BIOFIN and UNEP FI aim to strengthen support for countries via a Public-Private Community of Practice for Nature and Development Finance. This partnership will engage public and private actors to share thought-leadership and best practices on emerging topics and challenges related to biodiversity finance, including debt sustainability, debt for nature conversions, the biodiversity credit markets, nature-based solutions, the voluntary carbon market, sustainability-linked bonds and loans, and impact finance.They have also released a briefing note on how Parties can use the NBSAP review and update period to successfully engage public and private finance simultaneously. This will help prepare financial institutions to play their role in contributing to the goals and targets of the Kunming-Montreal Global Biodiversity Framework in their respective countries.

Webinar objectives

This webinar: 

• Provide an overview of BIOFIN and UNEP FI  partnership, Public-Private Community of Practice for Nature and Development Finance.
• Present examples of BIOFIN and UNEP FI country experiences, including successes and challenges Launch joint UNEP FI and BIOFIN UNDP briefing note for countries: Engaging private finance in the NBSAP review and financial planning: Sign-posts for policy-makers.
• Gather information needs from countries to further support EAS Project work on component 4.

Sessions

The webinar will be offered in English with interpretation in French, Spanish, and Russian. Webinar recordings will be available in the Course Content section on this page. 

Webinar agenda

Questions?

For more information or if you have any questions, please contact Alexis Legigand at alexis.legigand@undp.org.