The Kunming-Montreal Global Biodiversity Framework (GBF) was adopted at end of 2022. This landmark agreement should be considered as our 'peace treaty with nature'. The goals align with the Paris climate agreement’s calls on the private sector actors to play a key role in halting and reversing nature loss by 2030.  

Goal D of the GBF mirrors the Paris equivalent for 2.1.C and calls upon financial resources available to implement the agreement. Particular attention is drawn to support more vulnerable countries, progressively closing the $700 billion per year finance gap for biodiversity. UNEP’s State of Finance for Nature report calls for tripling investments in nature-based solutions by 2030. Delayed action is not an option in the face of the devastating effects of climate change, the extinction crisis, and severe land degradation globally. But where do we begin?  

In this webinar, we present the headline outcomes of the GBF for the financial sector. We will also zoom in on how financial institutions, via blended finance solutions, can help to substantially and progressively increase the level of financial resources to implement national biodiversity strategies and action plans in line with target 19. Project developers and conservation organisations will showcase innovative solutions already contributing to closing the global biodiversity funding gap, and dive into the role that sovereign sustainability-linked bonds can play. 

Speakers include Jessica Smith (UNEP-FI), Sonya Likthman (Federated Hermes Limited), Gregory Watson (Inter-American Development Bank), Richard Speak (Finance Earth) and others. 

Download the program of this webinar here on the website of the Finance for Biodiversity Foundation.