The Summit will bring together delegates from around the world including ministers, environment groups, Aboriginal peoples, business, scientists and community leaders, to consider how to supercharge investment in projects that repair nature.
The Global Biodiversity Framework agreed to by 196 countries at the United Nations biodiversity conference last year was described as the ‘Paris Agreement for nature’. It set a target of US$200 billion per year of funding to be spent on nature repair by 2030.
Protecting and repairing nature is a big job. Government funding plays a critical role, but we can’t do it alone.
Recognising this, the Summit will focus on 3 key themes:
- transparency and reporting – you can’t manage what you don’t measure
- investment in nature – growing business demand
- partnerships and capacity development – increasing landholder participation
The Summit will highlight how clear and consistent rules will enable businesses to invest in and measure projects that repair nature.
Delegates will also consider how to support developing nations, boost First Nations partnership in nature repair and improve policies to increase investment in nature.
According to environment.nsw.gov.au. Source of photos: internet
