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AFD Group at COP 16
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When
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From Monday october 21 2024 to Friday november 1 2024
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Where
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Centro de Eventos Valle del Pacifico, Cali, Colombie
The 16th Conference of the Parties (COP16) to the Convention on Biological Diversity (CBD) is being held from October 21 to November 1, 2024, in Cali, Colombia. It should give concrete form to the commitments made following COP15, two years after the signing of the Kunming-Montreal framework agreement for the adoption of a new global strategic framework that will set the objectives to be achieved by 2030.
AFD Group, which has set its sights on being a pro-nature public development bank, is participating in COP16 to promote the adoption of an ambitious framework and to encourage all financial players to align themselves with it. At the event, AFD Group will reaffirm its desire to double its biodiversity financing by 2025 and to devote at least 30% of its climate financing to biodiversity.
COP16 is a unique opportunity to make headway in preventing the collapse of biodiversity at the global level.
- Finalization of the Global Framework implementation
COP15 established a mechanism to monitor the implementation of the Kunming-Montreal framework. It involves reporting on the progress made on the commitments made by States. This mechanism is based on national strategies, reports based on common indicators and a global stocktake planned for 2026. COP16 should finalize the aspects of the implementation mechanism, including the indicators of the “monitoring framework” and the methods for organizing the global stocktake. There will also be discussion on the issue of how non-state actors will highlight the role of their actions.
- Mobilization of financing
The Kunming-Montreal Framework Agreement set ambitious financing targets, with an overall goal of $200 billion per year from all sources and a gradual increase in international financing for developing countries, to reach $30 billion per year by 2030.
- Mechanism for benefit sharing linked to the use of digital sequence information (DSI)
COP15 expanded benefit sharing to dematerialized forms of genetic resources. COP16 will have to establish forms for a multilateral sharing mechanism to provide a framework for these benefits. The aim is to ensure legal certainty for DSI users and to maintain free access to data, particularly for research.
When?
Monday, October 21, 2024 to Friday, November 1, 2024
Where?
Centro de Eventos Valle del Pacifico, Cali, Colombia
Monday, Oct. 21
11:30–12:45 - Ocean Finance at Scale
Speaker: Caroline Piquet, Climate Expert, Climate and Nature Division, AFD
Watch it live
Tuesday, Oct. 22
11:30–12:45 - Open data for biodiversity: accelerating monitoring and action
Speaker: Caroline Piquet, Climate Expert, Climate and Nature Division, AFD
Watch it live
Wednesday, Oct. 23
11:30–12:45 - Regional flyways as a mechanism to scale up nature-positive impact in Asia and the Pacific
Speaker: Marie-Cécile Thirion, Deputy Manager; Agriculture, Sustainable Development, and Biodiversity Division, AFD
Thursday, Oct. 24
11:00–12:30 - Reconciling nature conservation and development: how to build an enabling environment & meet biodiversity targets
Speaker: Marie-Cécile Thirion, Deputy Manager; Agriculture, Sustainable Development, and Biodiversity Division, AFD
11:30–12:45 - Ocean Finance at Scale
Speaker: Caroline Piquet, Climate Expert, Climate and Nature Division, AFD
11:30–12:30 - Safeguarding climate resilient coral reefs for GBF Target 3 and beyond
Speaker: Serge Snrech, Deputy Manager, Climate and Nature Division, AFD
More information
11:30–12:45 - Regional flyways as a mechanism to scale up nature-positive impact in Asia and the Pacific
Speaker: Marie-Cécile Thirion, Deputy Manager; Agriculture, Sustainable Development, and Biodiversity Division, AFD
Watch it live
13:30–14:45 - Panel Alimentacion y Biodiversidad
Speaker: Karen Colin de Verdière, Environment and Agriculture Expert, Andean and Amazonian countries, AFD
15:00–16:00 - Reconciling nature conservation and development: how to build an enabling environment & meet biodiversity targets
Speaker: Karen Colin de Verdière, Environment and Agriculture Expert, Andean and Amazonian countries, AFD
11:00–12:30 - Safeguarding Climate-Resilient Coral Reefs for GBF Target 3 and Beyond
Speaker: Serge Snrech, Deputy Manager, Climate and Nature Division, AFD
More information
Friday, Oct. 25
10:45–12:15 - Flagship report: agroecology & conservation
Speaker: Marie-Cécile Thirion, Deputy Manager; Agriculture, Sustainable Development, and Biodiversity Division, AFD
More information
13:15–14:45 - Upscaling bioeconomy in Ecuadorian Amazonian regions
Speaker: Karen Colin de Verdière, Environment and Agriculture Expert, Andean and Amazonian countries, AFD
Sunday, Oct. 27
11:30–13:30 - Integrating nature into sovereign debt
Speaker: Hélène Djoufelkit, Deputy Executive Director, Sustainable Development Solutions, AFD
More information
Monday, Oct. 28
10:30–11:30 - Banking on Nature Positive – Forward-looking pathways for public and private banks and financial regulators to contribute towards a nature-positive agenda
Speaker: Nicolas Picchiottino, Secretary General, IDFC; Manager, Public Development Banks Division, AFD
More information
16:00–17:45 - Financing the GBF: Opportunities for Public-Private Finance
Speaker: Marie-Hélène Loison, Deputy CEO of AFD
Watch it live
16:30–17:45 - Scaling up nature positive investment in Asia and the Pacific
Speaker: Jean-Noel Roulleau, Biodiversity Expert, Climate and Nature Division, AFD
More information
13:20–14:30 - Caribbean MPAs managers networks lead the way: Towards a regional roadmap to reach Target 3
Speaker: Marie-Cécile Thirion, Deputy Manager; Agriculture, Sustainable Development, and Biodiversity Division, AFD
More information
Tuesday, October 29
09:30–17:30 - Action Day 30*30
Speaker: Naig Corzannet, Biodiversity Finance Advisor; Agriculture, Sustainable Development, and Biodiversity Division, AFD
14:30–15:30 - Linking climate & biodiversity finance and insurance
Speaker: Marie-Hélène Loison, Deputy CEO of AFD
Wednesday, Oct. 30
10:30–11:40 - The recognition of the Rights of Nature: key leverage to preserve ecosystems and human rights
Speaker: Farid Lamara, Expert in Human Development/Strategic Management, AFD
More information
11:30–12:45 - FICS Financial Innovative Lab
Speaker: Mathilde Bord-Laurans, Manager, Climate and Nature Division, AFD
13:20–14:40 - Enhancing Nature-based Solutions for Climate Change and Biodiversity: A Policy Framework for the Rio Conventions
Speaker: Mathilde Bord-Laurans, Manager, Climate and Nature Division, AFD
More information
Thursday, Oct. 31
18:00–19:15 - Reporting on GBF Target 15: What Biodiversity Measurement Approaches Can Help Public Development Banks?
Speaker: Lamine Sow, Director, AFD Bogota Field Office, Colombia
Watch it live
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