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

by
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.

Tags:

You might be interested in

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.

View all

Leave a Reply

Your email address will not be published.

drc great lakes region
Previous Story

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

water supply maintenance
Next Story

All You Need to Know About Planned Water Supply Disruptions

Latest from Blog

racism slavery

A Disturbing Incident: Recollection of Slavery in a High School Incident

Students at a Cape Town high school were involved in a disturbing mock auction that resembled scenes from slavery. The incident, filmed and circulated on social media, triggered investigations by school officials and widespread indignation. A spokesperson for the Western Cape Education Department confirmed that the students’ actions were not in line with the values and principles of the department or the school. The incident highlights the need for ongoing dialogues about racial equality, mutual respect, and education on the lasting effects of historical crimes such as slavery.

ireland vfs global

The Evolving Global Travel Landscape: A New Chapter for South African and Botswana Nationals

South African and Botswana nationals now need to obtain a visa before travelling to Ireland, following the Irish Department of Justice’s appointment of VFS Global as its official partner for travellers from these two countries. The decision was made in response to a surge in International Protection applications from South African and Botswana nationals, and is aimed at aligning Ireland more closely with the Schengen Area. The move is part of a broader trend of countries modifying their immigration policies to balance security considerations, economic requirements, and aspirations to maintain an opendoor policy.

electric fence south africa

“Spearheading Safety: South Africa’s Revised Electric Fence Regulations”

South Africa’s Bureau of Standards has updated regulations for electric fences, with new rules requiring the use of premiumgrade materials, regular inspection schedules and enhanced testing methods after installation. The SANS 10222–3: 2023 Edition 5.1 requirements also include revised standards for warning sign placement and joint installation. Failure to comply with the standards can result in the denial of insurance claims, while consumers can request the Electric Fence System Installer number from installers and report improper conduct to the Department of Labour.

homelessness cape town

The Unfolding Homelessness Crisis in Cape Town’s Central Business District

The homelessness crisis in Cape Town’s CBD is becoming increasingly urgent, with hundreds of homeless individuals facing eviction. The city’s proposed solution, the Safe Spaces Initiative, provides shelter, meals, and vocational training to homeless individuals and is funded by the city. While some support the initiative as a way to preserve the dignity of the destitute, others argue for more comprehensive solutions, such as repurposing vacant buildings for permanent housing and addressing health and employment issues. The decision of how to tackle this issue has farreaching implications, making it a critical moment for the city.

south africa democracy

Examining the Path of Democracy: South Africa’s Transformation Over Thirty Years

Deputy President Shipokosa Paulus Mashatile emphasized the need for scientific and evidencesupported strategies to handle socioeconomic complexities, identified key issues integral to the nation’s developmental dialogue, including countering the impacts of climate change, capitalizing on the advantages of the African Continental Free Trade Area, and supporting peace initiatives on the continent. The conference reflected on the struggles, achievements, and aspirations of a nation striving to uphold principles of justice, equality, and social transformation.