🗓️ 3-11 SEPTEMBER 2021 |
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Market approaches that create economic incentives have been widely used to encourage positive outcomes for nature conservation. Such approaches include natural capital accounting to quantify benefits from natural systems; valuing biodiversity and ecosystem services; and encouraging the financial sector to invest in natural systems in order to generate financial returns.
Ecosystem accounting and market driven approaches have proved useful in enabling the public and private sectors to more accurately recognise impacts on nature and promote positive conservation outcomes. However, these approaches are not without challenges, including accounting for social values, influencing public policy and priorities, and securing sustainability. How can the use of ecosystem accounting and economic valuation methods be mainstreamed to better understand the drivers of biodiversity loss? How can economic analyses be more effectively integrated into policy and decision-making at the national level? And, what are its implications for livelihoods, employment, development and governance?
Mobilising conservation finance remains a challenge, despite the growing consensus of the need to close the current financial gap, both for climate and nature. How do we shift from construing nature conservation as a cost to framing it as an investment in a sustainable future? How do we change the way in which we measure economic returns? How can investments from the private sector in key ecological systems be enhanced? How do we ensure improved access to financial resources for conservation efforts at all governance levels? Also, how can environmental and social safeguards used by the financial sector be improved to advance nature conservation and protect the rights of indigenous people and local communities?
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Date | Room | Title | Features | Session type | Themes | Favourite |
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Tuesday 07 Sep 13:30 - 15:30 |
Virtual Channel 10 | Conservation Action Café - 2030- When economic and finance systems are in service of nature |
en |
Conservation Action Café |
Economic and financial systems |
|
Thursday 09 Sep 11:30 - 12:15 |
H3 - France Nature Environnement | Biodiversité : quelle place dans les démarches RSE des entreprises ? |
fr |
Economic and financial systems |
||
Tuesday 07 Sep 14:00 - 15:00 |
H3 - Conservation Finance Pavilion | Presentation of the evaluation of AFD/FFEM supports to CTFs |
en |
Exhibition Event |
Economic and financial systems |
|
Tuesday 07 Sep 16:15 - 17:00 |
H3 - Mediterranean solutions | From words to actions - implementing financial mechanisms for conservation needs in the Mediterranean |
en |
Exhibition Event |
Economic and financial systems |
|
Monday 06 Sep 11:00 - 12:30 |
H8 - 4 Martinique | Conservation Trust Funds as one way of safeguarding high biodiversity areas – what is innovative about the Legacy Landscapes Fund |
en |
Thematic Stream Session |
Economic and financial systems |