Series: ADB at CBD COP17 From Commitment to Capital: Scaling Nature-Positive Investment through the ADB–EU Partnership in the Nature Solutions Finance Hub 26 October 2026 Armenia The interconnected crises of biodiversity loss, climate change, and environmental degradation continue to threaten economic prosperity, resilience, and sustainable development worldwide. Countries have made ambitious commitments under the Kunming-Montreal Global Biodiversity Framework (KMGBF), the Paris Agreement, and the Sustainable Development Goals—yet translating them into bankable, on-the-ground investment remains this decade's defining challenge. CBD COP17 sharpens that challenge: it is the first Global Review of KMGBF implementation, and delegates will look less for new pledges than for evidence that partnerships and financing models are working. Nature is increasingly recognized as central to the solution. Investment in ecosystem conservation, restoration, and nature-based solutions can deliver biodiversity, climate, food security, disaster-risk, and livelihood benefits simultaneously. Scaling that investment, however, requires stronger partnerships, better project preparation, and de-risking instruments that make nature bankable—coordinated action among governments, multilateral and bilateral development partners, and the private sector. The European Union’s Global Gateway Strategy and the European Green Deal have opened new space for exactly this kind of collaboration with multilateral development banks. At the same time, ASEAN and the wider Asia and Pacific region face rising demand for nature-positive investment that can advance biodiversity, climate, and development objectives together, through instruments that link public and private capital to measurable nature outcomes. Launched at the 28th United Nations Climate Change Conference (COP28), the Asian Development Bank’s (ADB) Nature Solutions Finance Hub (NSFH) was created to close this gap: its mandate is to catalyze $5 billion in nature-positive investment by 2030 across Asia and the Pacific, using blended finance, project preparation support, and market-building tools to turn NbS into investable assets. In December 2025, the European Commission and ADB signed a formal agreement for a €15 million blended finance package to NSFH—€5 million in technical assistance and €10 million in investment grants—which is among the Hub’s first major catalytic contributions, and is ring-fenced for ASEAN countries facing acute biodiversity and climate pressure. Ten months on, that partnership has become the anchor for a broader coalition. The Agence Française de Développement (AFD) and the German Agency for International Cooperation (GIZ) are engaging as partners; the OPEC Fund for International Development (OPEC Fund) is a key cofinancing partner; and ASEAN institutions are increasingly active in shaping how the Hub’s pipeline is structured and owned regionally. This side event is the first opportunity to bring that coalition together publicly, and to show CBD COP17 delegates what a functioning nature finance partnership looks like in practice. Program and Learning Materials 26 October Session / Activity Title Speaker(s) Opening Welcome Remarks and Setting the Scene Yoko Watanabe, Director, Nature and Environment, ADB Opening Opening Remarks Monika Hencsey, Director for Green Diplomacy and Multilateralism, Directorate-General of Environment, European Commission Opening Opening Remarks Yevgeniy Zhukov, Director General, Climate Change and Sustainable Development Department, ADB Panel Discussion on Partnerships, Pipeline Development, and Progress Round 1 – Partnerships and Replication: How partnerships translate into practice and open a broader coalition for nature Moderator: Aaron Vermeulen, Global Finance Practice Lead, WWF International Panelists: Vong Sok, Head of the Environment Division, Assistant Director of the Sustainable Development Directorate, ASEAN Socio-Cultural Community Department, ASEAN Secretariat Yoko Watanabe, Director, Nature and Environment, ADB Kyosuke Inada, Director General for Sustainability Management, JICA Panel Discussion on Partnerships, Pipeline Development, and Progress Round 2 – Pipeline Development and Progress: How NSFH partners support investable nature-positive investments that contribute to biodiversity conservation and sustainable progress in ASEAN and the wider region Moderator: Jennifer Romero-Torres, Principal Sustainable Finance Specialist, Unit Head, Sustainable Finance, ADB Panelists: Audrey Rojkoff, Director for the Climate and Nature Division, Agence Française de Développement Alexander Haack, Director, Climate Change, Rural Development, Infrastructure, GIZ Valerie Herzog, Senior Climate Change Specialist, OPEC Fund for International Development Juha Siikamaki, Chief Economist and Director of Economy and Finance Team, International Union for Conservation of Nature Audience Interaction Partner Reactions and Open Discussion Closing Closing Reflections Jerome Montemayor, Executive Director, ASEAN Centre for Biodiversity Closing Event Wrap-up Yoko Watanabe, Director, Nature and Environment, ADB Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Event Coordinator/s NSFH Team Klaus Prochaska Duncan Lang Pailyn Tan Related Full Agenda ADB Organizer/s Climate Change, Nature, and Environment Division Read Also ADB @ CBD COP17 Joint Multilateral Development Bank Pavilion NSFH Participation at the United Nations Biodiversity Conference 2026 (CBD COP17) Nature Solutions Finance Hub flyer Partner Organization/s European Union ASEAN Centre for Biodiversity Association of Southeast Asian Nations (ASEAN) Topics Climate Change Environment Finance