The United Nations Environment Program (UNEP) and the Green Finance Institute (GFI) are partnering to present a special podcast series to highlight the role of finance and natural climate solutions in the run-up to COP27.
This five-episode series, Financing Nature: COP27 Special, will raise awareness of the need for private finance to achieve the positive results for nature that we urgently need for climate mitigation and adaptation.
The first episode will air today, Wednesday 5 October, and will feature Sagarika Chatterjee, Secretary of the Glasgow Finance Alliance for Net Zero (GFANZ) and Finance Lead, Climate Action Champions.
“UNEP has identified that if the world is to meet its climate change, biodiversity and land degradation goals, it needs to close a $4.1 trillion financing gap in nature by 2050.
The stakes are higher than ever.
, biodiversity and nature must be at the center of attention.
forefront of the COP27 climate agenda.
Egypt represents a unique opportunity to accelerate the implementation of effective nature-positive solutions for people, economies and the well-being of future generations,” said Susan Gardner, Director of the UNEP Division of Ecosystems.
Investments in nature restoration, protection and nature-based solutions are increasing, but not on the scale required to address the interdependent crises of climate change and biodiversity loss.
“We can and must channel private capital into nature-based solutions.
This will require policy and regulatory support, catalytic capital, and financial innovation.
Ahead of COP27 in Egypt, Financing Nature: COP27 Special will showcase examples of where this is already happening and discuss what we need to do collectively to mobilize capital at scale,” said Dr. Rhian-Mari Thomas, Executive Director of GFI.
Financial nature: COP27 Special will feature leading voices and examples of people offering solutions on the ground.
This includes: Episode 1: Sagarika Chatterjee, GFANZ Secretariat and Finance Leader, Climate Action Champions and José Pugas, Partner and ESG Executive Director of JGP Asset and signatory to the Innovative Finance Initiative for the Cerrado Amazon and Chaco (IFACC) .
The IFACC initiative is working to increase innovative financing for deforestation- and conversion-free agricultural production in South America Episode 2: Andrew Deutz, Director of Global Policy, Institutions and Conservation Financing at The Nature Conservancy and Yasmine Sagita, Director of Sustainability, PT Royal Lestari Utama (RLU), presenting the work of the Tropical Landscape Finance Fund with sustainability bonds and blended finance in Indonesia.
Episode 3: Kaddu Sebbunya, CEO, African Wildlife Foundation and David Cheboriot, E4Impact, Business Support Organization for The Restoration Factory, an initiative working to unlock and increase investment in sustainable land use and forest management in Africa.
Episode 4: Karen Sack, Executive Director, Ocean Risk and Resilience Action Alliance and Yabanex Batista, Deputy Director of the United Nations Global Team on the Global Coral Reef Fund, a catalytic financing instrument for reef-positive investment projects.
Episode 5: Susan Gardner, Director, Ecosystems Division, UNEP