🗓️ 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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Saturday 04 Sep 14:45 - 15:30 |
H3 - OFB – Office français de la biodiversité | Esprit parc national – la marque des parcs nationaux de France |
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Exhibition Event |
Economic and financial systems |
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WOMEN & THE TRADITIONAL - POWERFUL ACTORS AND DRIVING FORCE FOR CHANGE IN RURAL ENVIRONMENTS |
en, fr |
Speaker Pitch |
Landscapes Rights and governance Economic and financial systems |
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Wednesday 08 Sep 15:00 - 16:00 |
H3 - Vital Sites for a Protected Planet | The circular economy - a transformative approach to tackle key drivers of biodiversity loss: Official launch of the EU Circular Talk |
en |
Exhibition Event |
Economic and financial systems |
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Tuesday 07 Sep 11:00 - 12:00 |
Virtual Channel 8 | How can challenge funds advance knowledge, learning, innovation and technology to support biodiversity and development? |
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Thematic Stream Session |
Economic and financial systems Knowledge, innovation and technology |
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Tuesday 07 Sep 11:00 - 12:30 |
Virtual Channel 2 | Making money from governing the commons: private sector investment in local resource management in Ghana, India and Bolivia |
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Thematic Stream Session |
Landscapes Economic and financial systems |