Despite growing global ambition and commitment to biodiversity conservation under the Kunming-Montreal Global Biodiversity Framework (KMGBF), many countries continue to face a critical financing gap and lack practical pathways to translate biodiversity ambitions into investable opportunities. This event will bring together governments, development partners, investors, standard setters, and capital market practitioners to discuss how nature finance can move from concept to implementation, drawing on real-world examples to demonstrate how scalable financing instruments, strong market infrastructure, and partnerships can mobilize capital for biodiversity outcomes.

The session highlighted the Government of Thailand's pioneering sovereign sustainability-linked bond with a nature-related indicator—the first in Asia and the Pacific. This key performance indicator aims to help achieve at least 30% coverage of terrestrial and inland water protected areas and Other Effective Area-Based Conservation Measures (OECMs) by 2030. The target is aligned with the Kunming-Montreal Global Biodiversity Framework and Thailand's National Biodiversity Strategy and Action Plan. 

Supported by ADB's GSS+ Finance Initiative and the Nature Solutions Finance Hub (NSFH), the transaction served as a demonstration model for the Nature Bond Incubator, a platform under the NSFH that is designed to help governments and other issuers develop a pipeline of nature finance transactions that connect biodiversity outcomes with capital markets. The Nature Bond Incubator was launched during the session.

Not at CBD COP17? Watch the livestream through DevAsia's YouTube channel.