The event was attended by different sectors and stakeholders involved in biodiversity protection.
The Economic Commission for Latin America and the Caribbean (ECLAC) participated in the conference on Financing communities for biodiversity conservation and restoration, held June 7-8 in Mexico City and organized by the Bank of Mexico, UNDP-BIOFIN, GIZ and ECLAC, with the support of the Euroclima program.
The meeting was attended by various stakeholders involved and interested in biodiversity conservation and restoration who addressed the challenges and barriers of decentralized biodiversity financing, particularly with the leading of local communities and indigenous peoples, key actors in the custody of ecosystem health.
The initial panel focused on the impact and dependencies of ecosystem services on the financial systems of Mexico and South Africa, giving a clear message of the dependence of the economy on biodiversity. The conference also considered the in-depth discussion on legal aspects, working between communities, proposals for socio-economic projects that are environmentally sustainable, nature-based solutions (NBS), among others, for the restoration and decentralized conservation of biodiversity, attending and promoting the convergence of the needs and expectations of local communities and investors.
The event was attended by a diverse group of experts, investors, government authorities, representatives of local communities, indigenous peoples, non-governmental organizations, and multilateral agencies for a total of 15 conferences.
ECLAC was represented by Santiago Lorenzo, head of the Economics of Climate Change Unit of the Sustainable Development and Human Settlements Division, who moderated the panel "Stakeholders in decentralized financing for biodiversity restoration and conservation".
Participants had the opportunity to share their experiences and knowledge, analyze current financing models and explore innovative mechanisms that can support biodiversity conservation and restoration.
The event is available at the following links: