Science is a key ingredient in ensuring the implementation of Target 19 of the Convention on Biological Diversity (CBD), specifically with evidence-based quality investments in nature-based solutions (NbS). While the relationship between science and business has been evolving, there is still a need to improve dialogue between the two fields to create synergies with substantive impact.
To address this challenge, the Grand Duchy of Luxembourg and CIFOR-ICRAF launched Resilient Landscapes Luxembourg (RLL) with a mission to accelerate and scale up investments in sustainable landscapes for climate action. Leveraging CIFOR-ICRAF’s science and expertise in forestry, agroforestry and biological diversity, RLL focuses on NbS project incubation for environmental resilience.
The side event will emphasize the vital roles of science and biodiversity in accelerating investments in NbS as well as the unique aspects of RLL. This will be done by presenting investment opportunities from RLL’s first incubation cycle, highlighting the core environmental and social benefits of the different NbS projects, hence sparking an appetite for adoption and replication.
The session aims to engage private and public sector participants in conversations around the need to catalyze private investment into high-quality projects with significant biodiversity and climate co-benefits.