Biodiversity COP16: Success or Failure? What's Next - especially for Finance?

Biodiversity COP16: Success or Failure? What's Next - especially for Finance?

2024-12-09T18:00:00+00:00

2024-12-09T19:30:00+00:00

https://www.hecalumni.fr//medias/image/thumbnail_127888239673e239b8d9e4.jpeg

COP16 on Biodiversity concluded on November 1st in Cali, Colombia. Touted as the "COP of Implementation" following the landmark Kunming-Montreal agreement at COP15, the conference ended with mixed outcomes. While some progress was made, key issues remained unresolved, notably the proposed creation of a dedicated biodiversity fund for developing nations. Disagreements over the risk of fragmenting existing financial structures prevented consensus. This dispute underscored a persistent funding gap, which continues to be a major obstacle to achieving global biodiversity targets and ensuring equitable funding access to Global South countries.In our last webinar, held during COP16 (replay available here - in French), we explored the key biodiversity issues driving ongoing negotiations, including their impact on businesses. This upcoming event will take a deeper dive into the outcomes of COP16 on biodiversity and identify the next steps, particularly for the finance sector:What happened at the COP16 in Cali? Why does finance seem to be lagging behind?How can we fund the necessary efforts from both business and government perspectives?What are the key success factors for effective collaboration between public and private stakeholders?To address these questions, we are thrilled to have with us : Diana Diaz, Lead of knowledge services and Sandra Perdomo, Manager of public policy and international affairs at the Instituto Humboldt, Colombia.David Vaillant (H98), BNP Paribas Asset Management Global Head of Finance, Strategy and Participations, Member of the International Advisory Panel on Biodiversity CreditsMarco Arlaud (E25), BIOFIN Global Deputy Manager at UNDP. The Biodiversity Finance Initiative is a UN and European Union-funded program, covering over 130 countries. Its goal is to mobilize funding for national biodiversity strategies.Following an introduction from this inspiring panel, we will engage in collective intelligence sessions to explore possible next steps with a focus on the specific roles of corporations, governments & individuals. Our outputs will be then commented by the Panelists.The event will be held in English in a hybrid format (in-person in Paris and online).For participants in Paris, the conversation will be followed by a networking cocktail.Meet us on December 9th at 19:00 (Paris time), at Schoolab (15, rue de Milan 75009 Paris).Check your local time here: https://www.timeanddate.com/Camila Amaya Castro & Valentine Japiot, on behalf of the club HEC Transition Xavier Weber, on behalf of the club HEC Public Action

https://www.hecalumni.fr/en/event/biodiversity-cop16-success-or-failure-what-s-next-especially-for-finance/2024/12/09/11894