The Business and Biodiversity Forum took place during the UN Convention on Biological Diversity COP14 in Sharm El-Sheikh, Egypt on 15-16 November. The GEF participated in panel discussions on 'Finance and Investing' and 'Business Engagement Post 2020 – A New Deal for Business and Nature.' Discussions explored the need and means to flow investments into biodiversity positive projects, as well as build a unified vision for the post 2020 agenda.
"To unlock financial flows [for biodiversity projects] you need to have return, low-risk, and high-scalability. If these three conditions are met, we can move money. As a global community, we need to work on these three conditions if we want to accelerate change: landscape investments, for instance, must become more attractive in terms of returns, less risky, and much more scalable," says Renat Heuberger, CEO, South Pole, who attended the event.
You can read more about the main takeaways of the event here and watch the interview with Renat and opinions from other experts below:
Business Engagement Post-2020 – A New Deal for Business and Nature from IISD Reporting Services / ENV on Vimeo.