Date: 15 November 2024
Time: 12:00- 13:00 AZT
Location: Faith Pavilion
This is an official event of the UN Faith Pavilion of the UNFCCC COP29.
Organizer: UNEP
Description: The event focuses on how countries and financial institutions can leverage synergies between nature and climate investments to facilitate policy coherence and integrate financing that will accelerate net zero nature positive (NZNP) action. This discussion on NZNP finance and investment aims at increasing the global ambition to achieve targets in Nationally Determined Contributions (NDCs) for the Paris Agreement and National Biodiversity Strategies and Action Plans (NBSAPs) for the Kunming-Montreal Global Biodiversity Framework, simultaneously. We will hear from speakers on –
How countries could signal consistency in policy and integrate financing for NDCs and NBSAPs,
How development banks and private financiers can facilitate such efforts through existing financing mechanisms and providing incentives and
How global initiatives such as NZNP IP, CFMCA, CNCP and NDC Partnerships could support integrating climate and biodiversity actions to increase financial flows towards NZNP.
