Financing a Positive Bioeconomy for Climate, Nature, and People
Big Room
Exploring the potential of a nature-positive bioeconomy to address climate and nature crises by mobilizing global finance, fostering sustainable development, and supporting biodiversity goals, particularly in nature-rich countries.
The event will bring together representatives from the Brazilian G20 Initiative on Bioeconomy, representatives from the incoming South African G20 Presidency, financial actors, FDIs, MDBs and civil society to explore strategies for scaling the bioeconomy, holistically, sustainably and in a way that drives sustainable development and supports the GBF.
This side event will build the understanding of participants on key aspects of the bioeconomy, and address such key issues as:
• What is the current state of the Global Bioeconomy and what is the significance of the G20 Initiative on Bioeconomy (GIB)?
• How can Parties to the CBD, the private and financial sectors, and civil society, engage with the GIB and help achieve its aims?
• What are the financial instruments and innovations needed to support a sustainable Bioeconomy?
• How do we finance the bioeconomy in support of sustainable development to quickly scale investment where it’s urgently needed? What are the challenges in doing this in and how can these be overcome?
• What policies (trade, investment, debt terms, concessional finance etc) need reforming or removing to unblock a pathway to bioeconomy?
• How can the G20 High-Level Principles on Bioeconomy ensure that the right social and environmental safeguards are embedded in the future development of the bioeconomy?