Mozambique Renewables together, with partner Pamoja Moçambique, has developed a hybrid cooking stove that runs entirely on agri-residues to eliminate the use of wood and charcoal as cooking fuels. The projects will be funded through the creation of high-quality Carbon Credits that meet multiple UN SDG’s and include numerous additionalities and are verified by the Gold Standard. Furthermore, our Local communities no longer need to cut trees to provide fuel so we can start the process of re-establishing community forests that combine conservation with food production from agroforestry to ensure their long-term viability.
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The question is not if we move, but if we are able to move quickly enough, and if we are able to move together and create the right alliances,” said Carole Dieschbourg, Luxembourg’s Minister for the Environment, Climate and Sustainable Development, in her opening address at the fourth GLF Investment Case Symposium in 2019. ‘Financing green’ and ‘greening finance’ are two sides of the same coin, and they enable us to respond to the above challenge by providing an opportunity for increased coherence and depth in efforts to achieve ecosystem restoration objectives and zero-deforestation value chains while delivering the mitigation and adaptation benefits our planet requires.
As the World Bank defines it, ‘financing green’ refers to the financing of projects that contribute – or intend to contribute – to the conservation, restoration, and sustainable use of biodiversity and its services to people. Meanwhile, ‘greening finance’ is centered on directing financial flows away from projects with a negative impact on biodiversity and ecosystems, and towards projects that mitigate the negative impact – or pursue positive environmental impact as a co-benefit. This plenary will examine ways to hasten the move towards the adoption and incorporation of Nature-based Solutions (NbS) and sustainable land-use approaches in sustainable finance practices while exploring new opportunities to help increase financing for sustainable land use activities.
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In this session, Cultural Survival and the Global Landscapes Forum seek to bring Indigenous women leaders to speak about their leadership in addressing climate change: how we are advocating for this work at the national, regional, and international levels, what we are doing at the community level and share our success stories.
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There are no easy wins or silver bullets in forest conservation. Community forest landscapes are inherently complex ecosystems made up of often competing interests for limited and contested resources. The only way sustainable change can be achieved in this environment is by putting community perspectives at the heart of any intervention design discussion and accepting that nature is complex and multilayered. During this session, the host, Plan Vivo hopes to dispel myths around community forestry projects, showing that complexities are necessary, and must be thoroughly considered and navigated if such projects are to truly deliver impact for people, nature and climate.
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Local change agents, youth and small initiatives, working on ecosystem restoration often struggle to attract funding for their innovative projects. In this session with donors and funding partners, we will explore how to bridge the finance gap between small projects and financial flows.
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The Global EverGreening Alliance is announcing a partnership that will launch a landmark carbon program to restore landscapes across six African countries as part of its Restore Africa initiative. As pioneers for multi-sector collaboration, we’re driving Natural Capital Investment to support the transition to climate-smart landscapes through the most simple and scalable approaches.
Join Restore Africa representatives for a launchpad event announcing the details of the project, including a video and insights from crucial players in the restoration sector. With the support of the Alliance’s 60+ members, financial institutions are stepping up as global climate leaders to prove what is possible.
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Smallholder communities, cooperatives and small enterprises produce up to 60% of the world’s food. They also meet their demands for fuelwood, fodder and other tree and forest products, and trade surpluses locally and beyond. However, smallholders are rarely consulted when designing value chain or conservation-driven investment initiatives, and such investments tend to benefit only those who directly contribute to the company or donor goals. And though the local economy is stimulated, limited attention is given to ‘the bigger picture, including the need to move towards social equity and sustainable landscape management. Farmers also have limited access to finance for improving and diversifying their production, and which would discourage the need to move to frontier areas.
Landscape analysis of financial flows has confirmed that landscape-level investments do improve average income, but they rarely contribute to maintaining or enhancing essential ecosystem services on which communities directly depend, and do little to enhance food security or the capacity to adapt to climate change. In a study in 2019, barriers were identified that restrict smallholder access to finance and hinder food system transformation, but few successful examples were documented.
Now, after coordinating seven case studies of locally-led initiatives in 2021, we can see how locally driven initiatives have been able to overcome challenges of risk, scale, locally appropriate financial and non-financial services, etc. To better address how both local needs and international objectives can be achieved, results from selected case studies are used in this session to answer two key questions.
(a) How to make local innovations complementary to internationally driven initiatives?
(b) What investment mechanisms address the finance needs of all actors at the landscape level?
Join us to learn the answers to these questions, through the presentation of two cases, a joint discussion with a researcher, an NGO and an impact investor about the lessons to be learned with participation from the audience through responding to guided questions and a Q&A session. In the end recommendations for a way forward for a framework for locally-led, inclusive financing mechanisms that enable the inclusive transformation of the food systems will be given.
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The International Climate Finance Accelerator (ICFA) is a unique public-private partnership created in May 2018 in Luxembourg with the aim to support and scale innovative and high-impact climate solutions by accelerating first- and second-time fund managers with a developed and tested investment strategy focusing on key climate areas. The ICFA responds to the operational, administrative, and financial barriers faced by nascent fund managers and the strong need to bring investable climate finance projects to fund investors. A total of 23 climate fund managers have been onboarded to the program, who are expected to raise well over one billion euros in assets under management. The panelists will showcase their funds and their acceleration journeys so far.
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To counteract the climate and biodiversity crises it will not be enough to establish deforestation-free supply chains. It will be necessary to develop nature-positive supply chains, which actively support healthy ecosystems. Pioneering projects have showcased that supply chain transformation is possible. Together with project implementers and representatives from private businesses, this session illustrates innovative approaches and examines existing barriers for upscaling. The identified possibilities and barriers will also be discussed in the broader context of a much-needed transformative change of today’s economic and financial systems to address underlying socio-economic drivers.
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Join a discussion between Indigenous Peoples leaders who support a new perspective in the climate financing architecture that can directly support indigenous and local communities. They will share guiding principles needed to ensure that forest conservation finance from the public and private sector is distributed equitably and directly to forest communities.
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