Side event details

The Convention on Wetlands plays a crucial role in the conservation and sustainable use of wetlands globally. However, achieving its objectives requires substantial resources and innovative financing mechanisms. This high-level side event will explore how private sector investments and different types of financial mechanisms can contribute to wetland conservation, restoration, and sustainable management, as well as how Parties can better leverage existing institutional opportunities such as the GEF. By showcasing successful case studies and fostering dialogue between stakeholders, this event aims to catalyze action and partnerships for enhanced engagement of key actors such as development banks, financial institutions and private sector in wetland conservation.


Objective:
Use the findings of the Global Wetland Outlook and the foreseen adoption of the new Strategic Plan as a moment to raise ambition and drive access to a whole new level of funding for wetlands. Encourage Government focal points to consider opportunities to mobilise different types of finance to meet the objectives of the Convention on Wetlands, through building awareness of different mechanisms and facilitating open discussion among actors on the opportunities and challenges. Outcomes could also include recommendations and guidance to Parties on available mechanisms and actions.

Running Order (60 Minutes)

1. Opening Remarks (5 min): Convention on Biological Diversity Secretary General & Host Government Minister
2. Keynote Address (5 min): GEF on mobilizing capital for wetland conservation through the GEF, linked to the Global Wetland Outlook.
3. Panel Discussion (30 min): Case study presentations and moderated discussion on the challenges and opportunities of mobilising different types of finance for wetlands 

• Creating blended finance instruments for wetlands to de-risk capital and unlock commercial capital
• Mainstreaming wetlands into national policy and legislative frameworks to secure long-term investments and access alternative public finance 
• Designing investable wetland projects: how public-private partnerships can unlock investments in wetlands 
• Facilitating corporate wetland stewardship: how wetlands can provide a return on investment.

1. Q&A (10 mins)
2. Closing Remarks (5 min): Convention on Wetlands Secretary General.