CANCELLED- Financing Nature-based solutions as the heart of a green and just recovery for Africa
Friday, 9 July 2021
7:30 AM - 9:00 AM
Virtual (NY Time)

Side Event

CANCELLED

BirdLife International with Nigerian Conservation Foundation (NCF); BirdLife Africa; BirdLife Europe and Central Asia; Nature & Biodiversity Union (NABU, Germany)

The International Monetary Fund (IMF), has estimated the economic impact of the Covid-19 pandemic in Africa as c.$290 billion to 2023. This has the potential to devastate progress towards the SDGs, increasing poverty and community susceptibility to climate change and resulting in further loss of biodiversity due to intensified pressure on natural resources. Transformative change is fundamental in addressing the nature and climate crises and in delivering sustainable development in the region.

The AMCEN Green Stimulus Programme, designed to support post-Covid recovery, recognised the crucial need for programmes with co-benefits for biodiversity conservation, climate action and socio-economic equity to ensure a green and just recovery. These co-benefits can be secured by embracing Nature-based solutions, including, nature restoration, and through a transition to clean energy, nature-friendly agriculture practices, and the adoption of circular economy measures. This transition will need visionary countries to show leadership, through ambitious action and funding on the ground, as well as country partners working in support of this vision through provision of finances.

In this session, we will convene influential thought-leaders in this space to examine how nature-based solutions can drive all aspects of sustainable development in Africa, the reality of the funding needed to support it, and the role the EU and its Member States can play in fostering this Nature positive agenda in Africa.

United Nations