The 5th Global Conference on Biodiversity Finance: A Pathway towards a Sustainable Future

1 min read
global conference biodiversity finance

The 5th Global Conference on Biodiversity Finance is set to take place on May 9th, 2023, in Cape Town, South Africa. The event is a joint effort between the South African Government and the United Nations Development Programme (UNDP) and will mark the 10th anniversary of the Biodiversity Finance Initiative (Biofin). The conference aims to bring together representatives from member countries, government officials, private sector stakeholders, experts, and academics to explore opportunities for biodiversity finance solutions and investments in Biofin countries and regions.

Keynote Address

Ms. Barbara Creecy, Minister of Forestry, Fisheries, and the Environment, will deliver the keynote address at the conference. The event will also feature an opening session with esteemed speakers such as the Under-Secretary General of the UN, the executive director of UNEP, Ms. Inger Andersen, Ms. Karen Cope of Brazil, and H.E. Chan Somaly of Cambodia. Video messages from the Federal Minister for the Environment in Germany, Steffi Lemke, and the CEO of the Global Environment Fund, Carlos Manuel Rodriguez, will also be presented.

A Platform for Collaboration

The conference will provide a platform for attendees to share experiences and engage in technical discussions. The exchange of ideas will inform global audiences and inspire future initiatives in the realm of biodiversity finance. The conference will bring together all 41 Biofin countries and provide valuable insights and potential avenues for future growth.

UNDP’s Biodiversity Finance Initiative

The UNDP’s Biodiversity Finance Initiative has played a crucial role in providing technical assistance and capacity building to support long-term policy solutions. These efforts enable Official Development Assistance (ODA) eligible countries to overcome barriers and secure an equitable nature-positive economic transition. The initiative contributes significantly to the UN’s Sustainable Development Goals (SDGs) centered around poverty reduction, climate change, and gender equality.

Funding and Media Attendance

The conference has received support from the UNDP’s ‘Nature, Climate, and Energy’ (NCE) funding window, with a contribution of £2 million earmarked for Phase II of the Biofin program. The media is invited to attend this landmark event, which will take place at the Table Bay Hotel in Cape Town from 9h00 to 10h30 on May 9th, 2023. The conference promises to be an insightful and engaging exploration of the vital role biodiversity finance plays in our global environment and the innovative solutions it can offer to help build a more sustainable future for all. Through valuable discussions and networking opportunities, attendees will have the chance to learn from each other and collaborate on new strategies and solutions to drive progress in biodiversity finance.

A Russian-Spanish journalist and Cape Town native, channels his lifelong passion for South Africa into captivating stories for his local blog. With a diverse background and 50 years of rich experiences, Serjio's unique voice resonates with readers seeking to explore Cape Town's vibrant culture. His love for the city shines through in every piece, making Serjio the go-to source for the latest in South African adventures.

Leave a Reply

Your email address will not be published.

Previous Story

The Struggle for Peace and Security in the Democratic Republic of Congo and the Great Lakes Region

Next Story

All You Need to Know About Planned Water Supply Disruptions

Latest from Blog

Unveiling the #WhoSpeaksForUs Movement in Cape Town

The WhoSpeaksForUs movement in Cape Town is a campaign organized by SWEAT to advocate for the decriminalization of sex work and equal representation for marginalized communities in politics. Last Thursday, over 50 sex workers and civil rights champions organized a protest in front of Parliament to demand their voices be heard. With the upcoming elections, there is concern among sex workers about whether the political leaders will champion their cause, and various advocacy groups have joined together to fight for equal rights and representation. The movement serves as a desperate cry for equality and a demand for political leadership that mirrors the complex society it serves.

The Cradle of Tranquility: Paternoster and the Gonana Collection

Experience the serene and sustainable Gonana Collection in the peaceful fishing village of Paternoster, where each of the seven properties is powered by solar energy and offers a warm embrace of the idyllic environment. Discover a tapestry of sustainability woven from unrefined local materials and collaboration with local craftsmen. Embrace the Gonana lifestyle and contribute to the evolution of travel in this sanctuary for contemplation and mindfulness where nature and elegance intertwine.

A Golden Display: South Africa’s Fynbos Triumph at the 2024 Chelsea Flower Show

South Africa’s Fynbos plant species won the gold medal at the 2024 Chelsea Flower Show, earning the country its 37th top award for fynbos displays since 1976. The fynbos species are a significant source of revenue through exports, generating around R85 million in revenue. The success at Chelsea and the thriving fynbos industry narrate a deeply inspiring story of South Africa where the beauty of nature intertwines with the lives of the communities that cultivate it, culminating in a harmonious blend of growth, diversity, and prosperity that transcends national boundaries.

A Homage to Fallen Heroes: Honoring MK Freedom Fighters

The unveiling ceremony in Soweto honored 21 former MK Freedom Fighters who served in the Umkhonto we Sizwe operations between 1986 and 1990. The event was a reminder of the sacrifices these men made during a tumultuous chapter in South Africa’s history and a crucial component of a constitutional mandate that compels South Africans to acknowledge past wrongs and salute those who bore the brunt in the pursuit of justice and independence. As South Africans, it is our duty to ensure their legacy perseveres by extending our support to the veterans and their families.

Upholding Traditions: Cape Town’s Youth Connect with Their Past

Cape Town’s Arts and Culture and Environmental Planning and Sustainability Branches collaborated to offer a unique heritage education programme for young people, allowing them to connect with their roots and learn about the city’s history. The programme included engaging and immersive activities, such as educational sessions at the Attic Exhibition and guided tours of the Company’s Garden. This initiative aims to promote social harmony and unity, inspire curiosity in environmental planning and sustainability careers, and encourage the youth to shape a sustainable and cultured future.