Biodiversity loss and climate change threaten the foundations of development and development co-operation is responding. Scaling private action for biodiversity offers a unique opportunity to drive additional finance towards “nature-positive” outcomes, while strengthening climate resilience through nature-based solutions and supporting long-term development goals. However, scaling private action requires more than finance. It also means shifting harmful activities, creating enabling conditions, fostering effective public-private engagement and innovative financial approaches.
This session will explore three key entry points where development co-operation can add value:
1. Setting enabling conditions - through policy signals, regulatory frameworks and market incentives that guide private capital.
2. Promoting private engagement - by strengthening partnerships with private actors in donor countries and local actors, such as trade unions, MSMEs, smallholder farmers and artisans, to align investments with biodiversity and climate goals.
3. Mobilising private finance - by using development finance strategically, including blended finance approaches, to de-risk and crowd in private investment.
Bringing together governments, development actors and private sector leaders, this session will showcase practical experiences and highlight pathways for development co-operation to catalyse private finance and align practices for the climate-biodiversity nexus in developing countries.
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