Organizers: COP28 Presidency, CBD COP15 Presidency, NDC Partnership, NBSAP Accelerator Partnership, UN Climate Change High-level Champions, UN CBD Action Agenda Champion
This ministerial event will bring together governments to discuss the importance, challenges, and opportunities in adopting a synergetic approach in the design and implementation of their national climate and biodiversity plans and strategies, in support of achieving the goals of both the Paris Agreement and the Kunming-Montreal Global Biodiversity Framework, as well as the Sustainable Development Goals. It will also bring together leading existing or newly launched country-led partnerships and initiatives across climate, biodiversity, and land use action to exchange best practices and share opportunities to enhance collaboration, in order to support countries as they submit revised National Biodiversity Strategies and Action Plans (NBSAPs) in advance of CBD COP16 in 2024, and new Nationally Determined Contributions (NDCs) at COP30 in response to the Global Stocktake (GST) at COP28.
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To reach the scale that is needed and will put forward a Presidential agenda to showcase specific innovate approaches to close the finance gaps, especially where it is needed the most. This will include scaling up private financing for investing into climate transition to support inclusive as sustainable economic growth.
This thematic day at COP28 will focus on three key aspects: scaling up efforts, improving access, and enhancing affordability. This will involve reforms to the international financial system, the delivery of enhanced concessional support, the development of sustainable finance markets, and strengthening voluntary carbon markets. Additionally, COP28 will introduce trade as a means for climate-smart, equitable growth, including supply chain decarbonization, transition, and resilience.
We must also address the challenges that hinder financial support for women, girls, and marginalized groups. This includes ensuring a fair transition and finding solutions to broaden access to finance. The program will also examine accountability mechanisms to turn promises and ambition into tangible results.
The main objectives for this day are:
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