Guyana will host the Second Global Biodiversity Alliance (GBA) Conference and Financing Forum later this month as the country continues to push for greater investment in protecting nature and advancing sustainable development.
The October 30-31 event will be held under the theme “Investing in Nature: From Global Commitments to Practical Action”.
The conference forms part of Guyana Nature and Biodiversity Finance Week and will bring together political leaders, financial institutions, investors, scientists, Indigenous Peoples and local communities to examine how global biodiversity commitments can be translated into practical action.
A major focus will be mobilising public and private financing for biodiversity protection, while ensuring that conservation efforts also support livelihoods and economic development.
The organisers said that discussions will explore financing mechanisms including blended finance, green and biodiversity bonds, carbon and biodiversity markets, and funding through multilateral institutions.
The conference follows the inaugural Global Biodiversity Alliance Summit, which Guyana hosted in July last year and according to the organisers the the second GBA “is positioned to advance the global biodiversity conversation from commitments towards investment, implementation and measurable action”.
They said that the conference will focus on investment mechanisms and the public policies needed to support them, alongside regional discussions and practical financing sessions and that the meeting is expected to conclude with a review of key findings, agreements reached and next steps forward. (CMC)
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