Ministerial dialogue on finance
-
Tuesday, 3 Dec 2024, 10:00 - 13:00
Unlocking public and private finance for land restoration and drought resilience
The ministerial dialogue addresses the critical need for increased investments to combat land degradation, desertification, and drought, which cost the global economy 10 trillion USD annually. Public finance supports long-term restoration projects, while private finance introduces innovative tools like green bonds and impact investing. Together, public-private collaborations can bridge funding gaps and scale sustainable solutions.
Key focus areas include:
- Repurposing harmful subsidies into incentives for regenerative investments
- Adjusting regulatory frameworks to foster collaboration
- Exploring innovative financial instruments like carbon credits and ecosystem services markets
The dialogue comprises two questions:
Question 1: The business case for land: What are the key challenges that the public and private sector need to collaborate on to scale up investments?
Question 2: Delivering a moonshot moment for land: What concrete actions can be taken to ensure that there is new finance available to support sustainable land management, land restoration and drought resilience?
This dialogue provides a platform for ministers, stakeholders and investors to drive transformative solutions for land restoration and drought resilience worldwide.