Biodiversity Investments for Sustainable Development
Organised by
- Secretariat of the Convention on Biological Diversity
- United Nations Development Programme
- Government of the Republic of Korea
- Government of Mexico
Summary
The Convention’s High-level Panel report on the Global Assessment of Resources for implementing the Strategic Plan for Biodiversity 2020 concluded that biodiversity is central to goals relating to the conservation and sustainable use of terrestrial and ocean ecosystems and should be integrated, along with biodiversity-related targets and indicators, in all relevant SDG focal areas. The World Economic Forum Global Risks Report found that four of the eight worst global risks are ecosystem-based. Therefore investments in biodiversity need to be substantially increased which in turn will result in enhanced development benefits. For example, at a global scale, the removal of harmful fisheries subsidies, which currently amount to an estimated US$19.2 billion, would contribute to obtaining a net gain in returns to fisheries of US$124.8 billion by 2020, thereby providing significant development benefits.
The side-event, officially launching the HLP report, will include opening remarks by the CBD Executive Secretary, a presentation from a member of the HLP, remarks by Foreign Affairs Minister of the Republic of Korea and representative of the COP 12 President, remarks by the Administrator of UNDP and a keynote speech by the Minister of Environment and Natural Resources of Mexico in his capacity as incoming COP 13 President.
Related Information
Contact
For inquiries regarding this side event, please contact
- Ravi Sharma, ravi.sharma@cbd.int