The 7th GLF Investment Case Symposium, as it happened
In Cali, Colombia, and online, we gathered over 2,000 participants from 108 countries, along with almost 100 speakers and 91 global and local partner organizations, at the 7th GLF Investment Case Symposium, Rewarding Nature: A Roadmap to Finance the Biodiversity Plan.
Held alongside the 2024 UN Biodiversity Conference (COP16), the global event explored how to fund efforts to stem and reverse biodiversity loss by 2030.
Missed the event? You’re in luck – all hybrid and online sessions are now available to stream on demand.
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WHAT PEOPLE ARE SAYING
Last year, we called our respective governments to carry out structural reforms, especially an ecological fiscal reform. You can raise a lot of money, but it is about political will, not only technical. For example, Nigeria is over 180 million people. If you take only 5 cent per bottle of beer and water consumed daily – let’s say 80 million bottles, how much money will we raise at the end of the day, after a year?
Théophile Zognou
CEO, Sangha Tri-National Trust Fund; President, Consortium of African Funds for the Environment (CAFÉ)
To incentivize the private sector, we must address the perceived risk. Normally, private actors perceive biodiversity-related projects as high risk. We also need to address the uncertainty of the financial returns related to the early stages of biodiversity projects. Here is where blended finance plays a pivotal role by making biodiversity-related projects much more attractive and viable.
Camila Silva Arango
Technical Assistance Manager, Finance in Motion.
Finance is a crucial catalyst element. We need to make sure that money is mobilized for conservation, biodiversity and to support the cultures that safeguard biodiversity.
Ane Alencar
Director of Science at IPAM
Financing Indigenous Peoples is a global political commitment today, but we need to transform it into reality. Many Indigenous Peoples, organizations, movements and local communities are conducting a debate process to create Indigenous-owned funding mechanisms.
Kleber Karipuna
Executive Coordinatorm The Articulation of Indigenous Peoples of Brazil (APIB)
For AI to be innovative, we need to first clearly identify the problems we want to solve. Cross-sector partnership is essential to drive such innovation. For example, the private sector offers the capital and knowledge, academia adds the deep research and technical expertise, and local innovators bring regional context.
Gabriela Gutierrez
Founder and CEO, Tabs AI
Whether it’s carbon credits or conservation projects, our lands are being dispossessed, or we lack full and effective participation in decision making. All projects that happen on Indigenous territories should be based on co-creation. You should work as equals with Indigenous Peoples – not impose an agenda from the outside.
Emil Sirén Gualinga
Member of the Kichwa People of Sarayaku, Ecuador
We have to find back the spirit of the 1992 Rio Earth Summit and work together on all levels. The Luxembourg government has many ongoing initiatives between the private and the public sector, where the co-benefits are essential — the economic, the social and the ecological. We need to strengthen the rights of local communities, Indigenous Peoples, women, and children globally.
Serge Wilmes
Minister of the Environment, Climate and Biodiversity & Minister for the Civil Service, Luxembourg
Recap: the Biodiversity COP16
What’s your vision for Earth?
From 21–31 October 2024, the GLF team was in Cali, Colombia to cover this year’s UN Biodiversity Conference (COP16) and watch world leaders hash out the next steps for the Global Biodiversity Framework.
PAST GLF INVESTMENT CASE SYMPOSIA
GLF–Luxembourg Finance for Nature 2023
GLF Climate 2021
GLF Luxembourg 2019
GLF Washington, D.C. 2018
GLF London 2016
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