Why ? Finance for Tomorrow, Mirova, IDH
When ? Wednesday November 26 – 16:00 – 20:00
Where ? Natixis Auditorium – 59 avenue Pierre Mendes-France
Given the scale of today’s environmental challenges, the mobilisation of private finance for sustainable land use and so-called ‘Nature Based Solutions’ will be essential to preserve biodiversity and climate. Biodiversity is critical to the sustainability of life on Earth, helping to stabilise the climate, and secure the well-being of human societies. Healthy ecosystems provide shelter, food and medicine, while forests and oceans act as huge carbon sinks. Unfortunately, natural habitats and unique landscapes are being destroyed at an alarming rate, and the cost of inaction is rising. Nature suffers from over-exploitation and underinvestment.
As a result, there is an urgent need to mobilise finance at scale to invest in Nature Based Solutions to the ongoing climate and biodiversity crises.
On the international stage, global responses such as the “New Deal for Nature”, including all stakeholders, need to be supported. The private sector has a key role to play, alongside scientists, civil society and governments. The meetings of IPBES in 2019 and IUCN in 2020 in France are intended to accelerate the momentum from the private sector, towards the COP15 of the Convention on Biological Diversity in China in 2020.