Organizers :COP28 Presidency, ICLEI, CCT, IUCN, UNEP Cities Unit, Nature Positive Initiative & Partnership, World Bank Global Platform for Sustainable Cities (GPSC), Nature4Climate
Adaptation and resilience must be addressed locally. This session will feature successful and forthcoming policy and financing led by local and subnational stakeholders to encourage sustainable land use, protect biodiversity and critical ecosystems, enhance human health and well-being, water quality and security, and incentivize nature-based solutions to foster and create an enabling environment for nature-positive development and climate resilience.
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To reach the scale that is needed and will put forward a Presidential agenda to showcase specific innovate approaches to close the finance gaps, especially where it is needed the most. This will include scaling up private financing for investing into climate transition to support inclusive as sustainable economic growth.
This thematic day at COP28 will focus on three key aspects: scaling up efforts, improving access, and enhancing affordability. This will involve reforms to the international financial system, the delivery of enhanced concessional support, the development of sustainable finance markets, and strengthening voluntary carbon markets. Additionally, COP28 will introduce trade as a means for climate-smart, equitable growth, including supply chain decarbonization, transition, and resilience.
We must also address the challenges that hinder financial support for women, girls, and marginalized groups. This includes ensuring a fair transition and finding solutions to broaden access to finance. The program will also examine accountability mechanisms to turn promises and ambition into tangible results.
The main objectives for this day are:
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