"We need to talk about biodiversity" series. Countdown to Cali. Private sector contributions to resource mobilization.

Aligning financial flows with the Kunming-Montreal Global Biodiversity Framework (GBF) is crucial for addressing harmful financial practices while upscaling finance that positively impacts nature and biodiversity. Resource mobilization for the GBF involves both public and private sector contributions, with the upcoming COP16 negotiations playing a pivotal role in defining the monitoring framework for the resource mobilization indicator (Indicator D3). This framework will assess the effectiveness of private sector support for biodiversity, ensuring alignment with the GBF’s objectives and contributing to global conservation efforts. Effective monitoring and alignment of financial flows require a clear understanding of the definitions, frameworks, and practices that qualify as biodiversity finance. This webinar will present two key papers: the UNEP FI and Finance for Biodiversity Foundation’s (FfB) nature-positive paper and the EU Business & Biodiversity Platform’s paper on business models and investment for nature. Additionally, the webinar will provide insights into what to expect at COP16 in Cali, Colombia, and will feature a panel discussion on how financial institutions can enhance and track positive impact finance. For any related questions, please contact: • Natasha Boric, Finance for Biodiversity Foundation, natacha.boric@financeforbiodiversity.org • Jessica Smith, UNEP FI, jessica.smith@un.org • Sylvaine Rols, PRI, sylvaine.rols@unpri.org • Anne-Marie Bor, EU Business & Biodiversity Platform, a.bor@nextgreen.nl • Martha Bailon, EU Business & Biodiversity Platform, m.bailon@nextgreen.nl