2024-09-06 2024-09-06 NH Prague City +420 257 153 435 NH Prague City Mozartova 261/1, 150 00 Prague Prague, 150 00 1,190 € plus tax Hélène Perier https://forum-institut.com/seminar/24128000-unlocking-investment-in-biodiversity-finance/referenten/24/24_12/24128000-biodiversity-finance_perier-hlne.jpg Unlocking Investment in Biodiversity Finance

In the face of constrained EU and national budgets, innovative funding is needed to support the implementation of biodiversity objectives. Be part of the conversation as we unravel the current challenges and explore solutions for financing biodiversity and our future.

Topics
  • International obligations and commitments
  • Financial provisions under the EU policy framework
  • EU Sustainable Finance framework and the EU Green Budgeting framework
  • Current challenges with financing biodiversity in Europe
  • The role of the private sector
  • Maximizing funding opportunities under future reviews of national and regional programmes


Who should attend
In addition to public officials in the ministries of environment, finance, and agriculture in all Member States, we welcome professionals engaged in biodiversity funding from:

  • managing authorities
  • intermediate bodies
  • joint secretariats
  • relevant EU agencies
  • representatives of local communities
  • private sector and non-governmental organizations
Aims and objectives
The finance gap in biodiversity is a pressing issue that needs to be promptly addressed. Budget constraints frequently restrict public funding allocated to biodiversity conservation, while private investments remain modest despite increasing interest in green finance. Due to inadequate financial support, public institutions often struggle to advance their biodiversity objectives.

This event aims to foster discussion and explore viable solutions to the current challenges in financing biodiversity conservation as required by EU and national legislation.
Your benefit

  • Discuss your challenges for implementing biodiversity objectives with EU experts
  • Explore and propose innovative solutions to address the finance gap
  • Exchange best practices with colleagues across the EU

24128000 Biodiversity finance

Unlocking Investment in Biodiversity Finance

Benefits
  • Discuss your challenges for implementing biodiversity objectives with EU experts
  • Explore and propose innovative solutions for the finance gap
  • Our events are ISO certified

Webcode 24128000

Book now

JETZT Buchen

Speakers


Everything at a glance

Appointment

04/12/2024

04/12/2024

Period

9 am - 5 pm

9 am - 5 pm
Venue

Prague

Prague

Fee
Your contact

Dr. Viola Prifti
Conference Manager

+49 6221 500-660
v.prifti@forum-institut.de

Details

In the face of constrained EU and national budgets, innovative funding is needed to support the implementation of biodiversity objectives. Be part of the conversation as we unravel the current challenges and explore solutions for financing biodiversity and our future.

Topics

  • International obligations and commitments
  • Financial provisions under the EU policy framework
  • EU Sustainable Finance framework and the EU Green Budgeting framework
  • Current challenges with financing biodiversity in Europe
  • The role of the private sector
  • Maximizing funding opportunities under future reviews of national and regional programmes


Who should attend
In addition to public officials in the ministries of environment, finance, and agriculture in all Member States, we welcome professionals engaged in biodiversity funding from:

  • managing authorities
  • intermediate bodies
  • joint secretariats
  • relevant EU agencies
  • representatives of local communities
  • private sector and non-governmental organizations

Aims and objectives

The finance gap in biodiversity is a pressing issue that needs to be promptly addressed. Budget constraints frequently restrict public funding allocated to biodiversity conservation, while private investments remain modest despite increasing interest in green finance. Due to inadequate financial support, public institutions often struggle to advance their biodiversity objectives.

This event aims to foster discussion and explore viable solutions to the current challenges in financing biodiversity conservation as required by EU and national legislation.

Your benefit

  • Discuss your challenges for implementing biodiversity objectives with EU experts
  • Explore and propose innovative solutions to address the finance gap
  • Exchange best practices with colleagues across the EU

Detailed programme

9 am - 5 pm

09:00 - 09:30

Welcome note and introduction of the participants
Welcome speech by Mr. Ladislav Miko

09:30 - 10:00

Ines Verleye

Biodiversity Finance: International obligations and commitments
  • Biodiversity finance commitments under the Kunming Montreal Global Biodiversity Framework
  • Domestic resource mobilization in the context of the revision of the National Biodiversity Strategy and Action Plans
  • Biodiversity harmful incentives, including subsidies
  • Green budgeting

10:00 - 10:15

Q&A
Time to ask questions and seek expert guidance

10:15 - 10:45

Hélène Perier

Financial provisions under the EU policy framework
  • Overview of EU and Member States biodiversity expenditures
  • Biodiversity in the EU Multiannual Financial Framework
  • EU Sustainable Finance framework and the EU Green Budgeting framework

10:45 - 11:00

Q&A
Time to ask questions and seek expert guidance

11:00 - 11:30 Coffee break


11:30 - 12:15

Andrej Bibic, Petr Havel

Challenges with financing biodiversity in the Member States
  • Spending structure of protected area conservation financing
  • Financing needs of Natura 2000 and the role of Prioritized Action Framework
  • Efforts on the synergical role of different financing schemes and funding gaps

12:15 - 12:30

Q&A
Time to ask questions and seek expert guidance

12:30 - 13:30 Lunch


13:30 - 14:15

Eva Mayerhofer

The role of the private sector
  • Commitments and pledges
  • How to mobilise private financing and nature-positive investments
  • Examples of best practices

14:15 - 14:30

Q&A
Time to ask questions and seek expert guidance

14:30 - 16:30

Workshop "Funding opportunities in view of future reviews of national and regional programmes" (incl. coffee break)
Member States present and discuss the development and implementation of National Biodiversity Finance Plans, Prioritised Action Framework (PAF) and other national plans on biodiversity finance, underlining the difficulties and obstacles they face to mobilize financial resources for biodiversity.

Participants discuss possible solutions and present concrete ways to address the successful uptake and efficient use of such financing.

16:30 - 16:45

Q&A
Time to ask questions and seek expert guidance

16:30 - 17:00

Final discussion
  • Key learnings
  • Open questions

17:00 End of the conference


Optional

Join Dinner

On 3 December, the day of the arrival, we will host a common dinner with the speakers and the participants. If you wish to attend the dinner an additional fee of 100 EUR is required. Please, confirm your attendance in advance.

More information

Why this seminar? Addressing the finance gap in biodiversity

Biodiversity often takes a backseat to more immediate economic issues in policy-making and budget allocations.While this observation may seem self-evident to some, it underscores a critical point: biodiversity is indispensable to all life forms and to the EU economy. Human tendency often leans towards defering major issues in the hope that solutions will emerge, yet biodiversity conservation demands immediate attention far beyond what is commonly perceived. To advance biodiversity objectives, substantial financial resources are essential. Legal frameworks have been initiated at the EU level to address biodiversity concerns, but effective solutions must be accompanied by robust financial investments. Public institutions are major contributors to biodiversity funding although budget constraints limit the amount allocated. Despite a growing interest in impact investing and green finance, private investment remains low.

Under the Kunming Montreal Global Biodiversity Framework adopted in 2022, Parties committed to mobilize at least 200 bn USD/year from all sources in favour of biodiversity, and to eliminate 500 bn USD/year of biodiversity harmful incentives including subsidies. However, current expenditure is estimated at around $100 billion per year, highlighting a substantial shortfall. This disparity between the funds needed to protect and restore biodiversity and the actual financial resources currently available for these efforts is commonly referred as the "finance gap in biodiversity". With this event, we aim to bring together all interested stakeholders and discuss solutions to address current challenges in Europe.

References

1. Convention on Biological Diversity, The Kunming-Montreal Global Biodiversity Framework,available at https://www.cbd.int/doc/decisions/cop-15/cop-15-dec-04-en.pdf

2. United Nations Environment Programme (2021). State of Finance for Nature 2021. Nairobi. You can access the report here: https://www.unep.org/resources/state-finance-nature-2021

3. European Commission, Directorate-General for Environment, EU biodiversity strategy for 2030. Bringing nature back into our lives, Publications Office of the European Union, 2021, https://data.europa.eu/doi/10.2779/677548

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