ADB Participation at the 2024 United Nations Biodiversity Conference (CBD COP16)
Biodiversity and nature-positive investments are key solutions to climate change and sustainable development in Asia and the Pacific. ADB supports developing member countries in implementing key multilateral environmental agreements, including the Convention on Biological Diversity and the Kunming-Montreal Global Biodiversity Framework. ADB is taking a leadership role in implementing innovative financing solutions, such as the supporting development of Nature Solutions Finance Hub, Green and Blue Bonds, and projects related to Nature-based Solutions.
At COP16, ADB co-organized several side events with multilateral and bilateral partners, civil society organizations, and academic institutions. Listed below are the key events led by ADB highlighting best practices and partnerships, including innovative financing on biodiversity and nature, green infrastructure, regional flyway initiative, and natural capital accounting. These events provided a platform for countries and partners to explore collaboration opportunities and scale up efforts to address the triple planetary crisis, i.e., biodiversity loss, climate change, and pollution, through integrated solutions.
For other COP16 MDB Pavilion events, click here.
For more information on COP16, click here.
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 22 Oct 2024 | 22 Oct 2024, 6:15–7:30 p.m., Colombia time (GMT-5) |
People, Planet, Prosperity Project: Mainstreaming Nature in Policy and Investment Decisions Integrating natural capital valuation into policy and investment decisions is essential for sustainable development and the long-term health of ecosystems... |
|
| 22 Oct 2024 | 23 Oct 2024, 1:15–2:30 p.m., Colombia time (GMT-5) |
Financing Biodiversity Conservation in Infrastructure Projects It is estimated that there is a biodiversity financing gap of about US$711 billion per year. In comparison, only about $133 billion was spent on biodiversity... |
|
| 22 Oct 2024 | 24 Oct, 11:30–12:45 p.m., Colombia time (GMT-5) |
Flyways as a Mechanism to Scale Up Nature-Positive Impact in Asia and the Pacific The ADB Regional Flyway Initiative (RFI) is one of ADB’s flagship nature-positive programs, aiming to scale up wetlands' protection and sustainable management... |
|
| 22 Oct 2024 | 25 Oct, 6:00–7:15 p.m., Colombia time (GMT-5) |
Progress and Barriers to Driving a Nature-Positive Renewable Energy Transition: Identifying Enabling Conditions and Policy Gaps Key to the purpose, considerations, and targets of the Kunming-Montreal Global Biodiversity Framework (KM-GBF) and agenda item 25 on biodiversity and ... |
|
| 22 Oct 2024 | 28 Oct, 4:30–5:45 p.m., Colombia time (GMT-5) |
Scaling Up Nature-Positive Investment in Asia and the Pacific Finance for nature continues to be significantly below what is required to bend the curve and restore biodiversity at scale. On Finance Day at COP16, ... |
|
| 22 Oct 2024 | 29 Oct, 6:00–7:15 p.m., Colombia time (GMT-5) |
Protecting Biodiversity Through Environment Safeguards ADB and EBRD are both in the process of updating our safeguard policies, with ADB creating an entirely new Environmental and Social Framework (ESF) with... |
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 23 Oct 2024 | Day 1 Event Recording from the Nature Positive Pavilion at COP16 | Jennifer Romero-Torres, Unit Head of Sustainable Finance Practice Team, Finance Sector Office, ADB as panelist in Day 1 event "The Nature Positive Pavilion at COP16" | |
| 23 Oct 2024 | 23 Oct, 11:30–12:45 p.m., Colombia time (GMT-5) | ADB will present its work in the "Global Wildlife Program" in "Human-Wildlife Conflict" organized by World Bank | |
| 23 Oct 2024 | 23 Oct, 1:15–2:30 p.m., Colombia time (GMT-5) | ADB will present on An Example of a Nature Finance Project from Asia | |
| 23 Oct 2024 | 25 Oct, 2:00–3:00 p.m., Colombia time (GMT-5) | ADB will present in the "Transformation Initiatives Delivering the BGF Nature Positive Mission" | |
| 23 Oct 2024 | 28 Oct, 4:00–5:15 p.m., Colombia time (GMT-5) | ADB will deliver Welcome Remarks and Moderate in "Scaling up Nature-Positive Investment in Asia and the Pacific" | |
| 23 Oct 2024 | 29 Oct, 1:15–2:30 p.m., Colombia time (GMT-5) | ADB will present in "Nature-Based Solution to Enhance Biodiversity and Ecosystem Restoration in Salt-affected Areas: Nexus Approach" | |
| 23 Oct 2024 | 30 Oct, 1:15–2:30 p.m., Colombia time (GMT-5) | ADB will deliver Opening Remarks in "Policy Coherence and Investment: Mainstreaming Natural Capital into the Ministries of Finance, Economy, and Planning" |
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 24 Oct 2024 | Videos | Toward Nature Positive in Asia and the Pacific | |
| 24 Oct 2024 | Videos | ADB Regional Flyway Initiative | |
| 24 Oct 2024 | Videos | ADB Air Quality Initiative |