7th GLF Investment Case Symposium
How can we raise $200 billion a year for biodiversity and climate? From 21 October to 1 November 2024, global leaders gathered in Cali, Colombia, for the 2024 UN Biodiversity Conference (COP16), tackling critical issues like ecosystem protection, climate action, and food security. The 7th GLF Investment Case Symposium, the largest sustainable finance event in the Global South, explored how to fund these efforts, including the role of emerging tech like Artificial Intelligence (AI) in finding innovative solutions.
About this session
Explore the potential of insurance solutions to close biodiversity financing gaps by providing financial security to ecosystems such as natural reserves, coral reefs and other critical habitats. Governments and conservation organizations often face high recovery costs after natural disasters and are under constant pressure to invest in ecosystem restoration. Insurance mechanisms can offer innovative ways to transfer risks, reduce financial burdens and create sustainable financing strategies for biodiversity.
By highlighting real-world examples, we will demonstrate how nature-based insurance products – often backed by governments and international organizations – are becoming essential tools for preserving ecosystems. The session aims to foster an understanding of how these insurance solutions can not only protect biodiversity but also build resilience against the impacts of climate change.
