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Events

China MEE - World Bank Workshop on Resource Mobilization in the Convention on Biological Diversity: Harnessing Private Finance

November 4-5, 2019

Beijing, China

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  • Biodiversity and ecosystems are being lost and degraded at an alarming rate. Recognizing this challenge, the World Bank is supporting the Parties to the Convention on Biological Diversity in the development of a post-2020 Global Biodiversity Framework to be adopted at the fifteenth Conference of the Parties (COP15) in Kunming, China in 2020. COP15 will not only take stock of the progress and shortcomings in the implementation of the current Strategic Plan for Biodiversity and the Aichi Biodiversity Targets (2011-2020), but also represents a once-in-a-generation opportunity for transformative action.

    One of the key issues the post-2020 biodiversity framework will seek to address is resource mobilization. Biodiversity is facing a major financing gap as it continues to rely heavily on public funding, failing to attract private finance at scale. Bridging this gap means that a significant amount of finance for sustainably managing, using and conserving biodiversity will need to come from the private sector moving forward and the barriers to private investment will need to be addressed.

    A workshop on “Resource Mobilization in the Convention on Biological Diversity: Harnessing Private Finance” was held in Beijing on November 4-5, 2019 with support of the World Bank, the Ministry of Ecology and Environment (MEE) of China and the Foreign Environmental Cooperation Center (FECO). The objective was to provide technical insights on the role of private sector finance in resource mobilization in the context of the post-2020 global biodiversity framework, to be adopted at the 15th Conference of the Parties (COP15) to the Convention on Biological Diversity (CBD) in Kunming. The workshop examined the key obstacles to, and the enabling environment required for, private sector investment in biodiversity and ecosystems at scale. It also showcased a range of innovative financial instruments that are emerging to connect private capital to environmentally-responsible projects.

  • Day One: Monday 4 November 2019

    Opening remarks

     

    Zhang Wencai (DG, Department of International Economic & Financial Cooperation, MOF)

    Cui Shuhong (DG, Department of Nature and Ecology Conservation, MEE)

    Benoît Bosquet (Regional Director Sustainable Development, World Bank)

    Karin Kemper (Global Director Environment, Natural Resources and Blue Economy, World Bank)

    Yu Lifeng (DDG, Foreign Environmental Cooperation Center, MEE)

    Yang Ping (Deputy Director, Market Division, People’s Bank of China Research Bureau).

    Workshop overview and objectives

    Gianni Ruta (Senior Environmental Economist, World Bank)

    Session 1: The context: preparing for the post-2020 global biodiversity framework

     

    Moderator: Liu Ning (DDG and CBD Negotiator, MEE)

    Markus Lehmann (Senior Programme Management Officer, CBD Secretariat)

    Edward Perry (Biodiversity Policy Analyst, Environment Directorate, OECD)

    Tracey Cumming (Resource Mobilization Expert, CBD and BIOFIN)

    Zhang Huiyuan (Director, Chinese Research Academy of Environmental Sciences)

    Ralf Becker (Policy Officer, German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety)

    Session 2: Paving the way for private finance: financial sector policies and instruments

     

    Moderator: Liu Ning (DDG and CBD Negotiator, MEE)

    Abayomi Alawode (Head of Finance, Competitiveness and Innovation, World Bank)

    Yang Ping (Director, Market Division, People’s Bank of China Research Bureau)

    Christoph Nedopil Wang (Senior Research Fellow, International Institute of Green Finance)

    Fang Zhi (Deputy Secretary General, China Environmental Protection Foundation)

    Yuan Wei (Operations Officer, IFC, SBN Asia Coordinator)

    Benoît Blarel (Practice Manager, Environment, Natural Resources and Blue Economy, World Bank)         

    Session 3: Measuring the impact of investing in biodiversity

     

    Moderator: Abayomi Alawode, Head of Finance, Competitiveness and Innovation, World Bank

    Ma Jun (Director, Center for Finance and Development, Tsinghua University)

    Niu Hongwei (Chief Conservation Officer, Paulson Institute)

    Sebastien Paquot (Head of Section – Counselor Climate and Environment, European Commission)

    Zhao Yang (Project Officer, FECO, MEE)

    Frank Hawkins (Director, IUCN)

    Gianni Ruta (Senior Environmental Economist, World Bank)

    Sha Song (Specialist, China Partnerships, World Economic Forum)

    Summary of Day 1

     

    Abayomi Alawode (Head of Finance, Competitiveness and Innovation, World Bank)

    Day Two: Tuesday 5 November 2019

     

    Session 4: Innovative mechanisms for financing biodiversity: experience to date

     

    Moderator: Gianni Ruta, Senior Environmental Economist, World Bank

    Jin Leshan (Professor, China Agricultural University)

    Karen Möhring (Sector Economist, KfW)

    Kalina Miller (Senior Investment Officer, IFC)

    Irina Likhachova (Senior Operations Officer, IFC)

    Eric Letsinger (CEO, Quantified Ventures)

    Andrew Deutz (The Nature Conservancy)

    Colette Grosscurt (Responsible Investment Officer, ACTIAM)

    Working session: informing the post-2020 global biodiversity framework

     

    Moderator: Gianni Ruta, Senior Environmental Economist, World Bank

    Generating revenues flows on the ground. What should the private sector do to unlock the supply of bankable projects? What challenges remain and require other actors to engage?

    Public policies. For a project to become bankable, what real sector policies are required? What financial sector policies are required?

    Resource mobilization. What roles should the banking and financial sectors play? What are the possible new sources and vehicles of private finance?

    Summary of the workshop and key messages for the post-2020 global biodiversity framework

     

    Moderator: Gianni Ruta, Senior Environmental Economist, World Bank

    Liu Ning (DDG and CBD Negotiator, MEE)

    Closing

     

    Moderator: Jing Xin (Division Director, MEE)

    Liu Ning (DDG of MEE and CBD Negotiator, MEE)

    Karin Kemper (Global Director Environment, Natural Resources and Blue Economy, World Bank)

    Benoît Bosquet (Regional Director Sustainable Development, World Bank).