29 November 2024 | 08:30 - 09:30 ET | 14:30 - 15:30 CET
This webinar will explore how nature’s role in climate mitigation could close the financing gap for nature and where climate benefits can be included in existing biodiversity action.
It will explore the opportunities presented by connecting the dots between nature based solutions, policymakers and financial institutions through seeing water as a way to reduce emissions. As well as how to overcome barriers: for example not all climate mitigation measures can be accounted for, making the benefits unquantifiable and in turn somewhat invisible to policymakers and climate financing alike.
Nature-based solutions are critical to slow climate change: degradation and loss of peatlands alone result in greater emissions than the entire aviation sector.
Emissions categorized under agriculture, forests and land use (AFOLU) are estimated to produce 21% of total emissions, but receive less than 4% of mitigation finance. Bridging this gap could be crucial to meeting Target 19 of the Kumming Montreal Treaty, to ‘Mobilize $200 Billion per Year for Biodiversity From all Sources, Including $30 Billion Through International Finance’.
Target 19 even goes as far as specifying the need to optimize the co-benefits and synergies of finance targeting the biodiversity and climate crises. Land systems mitigation measures can be cost effective and generate substantial win-wins among water, biodiversity, social, and other sustainability goals.
Agenda and Speakers TBC
Convenors
Water Initiative for Net Zero
International Union for Conservation of Nature