5 | Financing resilience and nature-based solutions for mitigation and adaptation
Oct 27, 2022 | 3:45 PM - 5:00 PMGrand Auditorium
Oct 27, 2022 | 3:45 PM - 5:00 PM
Grand Auditorium
Description
IPCC has emphasized in its 6 th Assessment the urgency of immediate and more ambitious action to address both climate and biodiversity loss risks. IPCC has reminded that safeguarding and strengthening nature is more than needed for meeting the Paris Agreement’s goals and key to secure a liveable future. This last report recommends to support nature-based solutions absorbing and storing carbon (natural carbon sinks) but also for cooling cities, providing healthy food for communities, etc. It will require innovative solutions for financing restoring degraded ecosystems and effectively and equitably conserving 30 to 50 % of Earth’s land, freshwater and ocean habitats (according the targets which will be defined at COP 15 in December). How to both address climate change and biodiversity loss and finance NBS? How scaling investment in natural capital? What are the tools and solutions for closing the conservation and restoration finance gap? How to ease and decomplexify blended finance?
