{"id":4885,"date":"2022-12-22T21:10:21","date_gmt":"2022-12-22T18:10:21","guid":{"rendered":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/?p=4885"},"modified":"2022-12-22T21:10:23","modified_gmt":"2022-12-22T18:10:23","slug":"cbd-events-discuss-inclusive-wealth-nature-based-climate-solutions","status":"publish","type":"post","link":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/news\/cbd-events-discuss-inclusive-wealth-nature-based-climate-solutions","title":{"rendered":"CBD Events Discuss Inclusive Wealth, Nature-based Climate Solutions"},"content":{"rendered":"<p><strong><span class=\"text -medium -bold -upper -light grid-m-3 grid-s-12\">STORY HIGHLIGHTS<\/span><\/strong><\/p>\n<div class=\"grid-m-9 grid-s-12 \">\n<ul>\n<li class=\"text -light -normal\">An event, convened during the UN Biodiversity Conference in Montreal, Canada, sought to help countries estimate the value of natural capital and biodiversity and explore related data challenges and policy implications.<\/li>\n<li class=\"text -light -normal\">Another event discussed the Nature for Climate Adaptation Initiative, which enhances capacity for nature-based climate solutions implementation, focusing on rights-based, inclusive approaches.<\/li>\n<li class=\"text -light -normal\">Other events addressed the ASEAN Comprehensive Recovery Framework and the CBD Secretariat\u2019s <a title=\"Postdoc \u2013 Forest management planning\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/news\/postdoc-forest-management-planning\">planning of a Knowledge Management<\/a> for Biodiversity Initiative, to facilitate implementation of the knowledge management component of the post-2020 Global Biodiversity Framework.<\/li>\n<\/ul>\n<\/div>\n<p>&nbsp;<\/p>\n<p><a title=\"Call for contributions to support the uptake and use of the IPBES Values and Sustainable Use Assessments\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/news\/call-for-contributions-to-support-the-uptake-and-use-of-the-ipbes-values-and-sustainable-use-assessments\">Assessing\u00a0progress and sustainability<\/a> through conventional economic measures, such as gross domestic product (GDP), fails to capture the value of nature or the long-term sustainability of human activity, and many are calling for a more inclusive measurement of wealth, one that measures the assets that underpin human well-being. This was the message of a side event held during\u00a0the UN <a title=\"Scholarships to Cover Biodiversity Conferences\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/news\/scholarships-to-cover-biodiversity-conferences\">Biodiversity Conference<\/a> (CBD COP 15) in Montreal, Canada.<span id=\"more-413632\"><\/span><\/p>\n<p>The\u00a010 December event themed, \u2018<a href=\"https:\/\/enb.iisd.org\/inclusive-wealth-report-2022-launch-cop-15\" target=\"_blank\" rel=\"noopener\">Inclusive Wealth as a Measure of Sustainability and Equity<\/a>,\u2019 took a deep dive into the concept of inclusive wealth. The event sought to help countries estimate the value of natural capital and biodiversity and explore related <a title=\"Data Visualization Challenge 2019\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/news\/data-visualization-challenge-2019\">data challenges<\/a> and policy implications.<\/p>\n<p>Inger Andersen, <a title=\"Re-advertisement: AAS Executive Director role\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/news\/re-advertisement-aas-executive-director-role\">Executive Director<\/a>, UN Environment Programme (UNEP), said while GDP has\u00a0historically been considered a sufficient measure of wealth and well-being, it does not account for negative externalities, including environmental damage. She described UNEP\u2019s Inclusive Wealth Index (IWI) as the organization\u2019s flagship response to the \u201cBeyond GDP\u201d movement.<\/p>\n<p>Pushpam Kumar, UNEP, introduced the Inclusive Wealth Report 2022, which finds that many parts of the Global South are consuming beyond their means, and natural capital is declining, which is likely inducing inequality.\u00a0He recommended, <a title=\"Call for national experts: strengthening capacity among African forestry stakeholders for implementing REDD+ in Anglophone and Lusophone Africa\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/news\/call-for-national-experts-strengthening-capacity-among-african-forestry-stakeholders-for-implementing-redd-in-anglophone-and-lusophone-africa\">among other actions:\u00a0investing in sustainable natural capital;\u00a0developing a strong community of practice with capacity<\/a> in data and methodology; and\u00a0engaging with financial institutions, treasuries, and development sectors.<\/p>\n<p>During a panel session, the US said his country is working towards connecting environmental and economic indicators with natural capital accounting. The World Bank cited the report titled,\u00a0\u2018<a href=\"https:\/\/openknowledge.worldbank.org\/entities\/publication\/e1399ed3-ebe2-51fb-b2bc-b18a7f1aaaed\" target=\"_blank\" rel=\"noopener\">The Changing Wealth of Nations 2021: Managing Assets for the Future<\/a>,\u2019\u00a0which aims to get natural capital on all countries\u2019 balance sheets. The <a title=\"Global Biodiversity Information Facility (GBIF) invites proposals for project funding\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/news\/global-biodiversity-information-facility-gbif-invites-proposals-for-project-funding\">Global Environment Facility<\/a> (GEF) called for integrating inclusive wealth into all decision-making levels, and noted its work\u00a0to allocate funds to recipient countries by considering alternatives to GDP.<\/p>\n<p>The event was organized by the International Institute for <a title=\"Call for Project Grant 2021: Sustainable development and climate change.\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/news\/call-for-project-grant-2021-sustainable-development-and-climate-change\">Sustainable Development<\/a> (IISD), International Development Research Centre (IDRC), and UNEP.<\/p>\n<p>Another\u00a0<a href=\"https:\/\/enb.iisd.org\/nature-based-climate-solutions-enhancing-biodiversity-co-benefits\" target=\"_blank\" rel=\"noopener\">event held on 10 December<\/a>\u00a0discussed nature-based climate solutions (NBCS) and\u00a0the\u00a0<a href=\"https:\/\/ncai.iisd.org\/\" target=\"_blank\" rel=\"noopener\">Nature for Climate Adaptation Initiative (NCAI)<\/a>\u00a0\u2013 funded by Global Affairs Canada and implemented by IISD in partnership with an NbS community of practice \u2013 which enhances capacity for NBCS\u00a0implementation, focusing on rights-based, inclusive approaches. The event examined how to generate <a title=\"FBL 305: Biodiversity Measuring and Monitoring\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/study\/fbl-305-biodiversity-measuring-and-monitoring\">measurable biodiversity<\/a> co-benefits through NBCS, and explored\u00a0the challenges and opportunities in scaling up NBCS, addressing the core themes of social inclusion, gender equity, and biodiversity co-benefits.<\/p>\n<p>An\u00a0<a href=\"https:\/\/enb.iisd.org\/asean-strides-toward-achievement-post-2020-biodiversity-framework\" target=\"_blank\" rel=\"noopener\">event<\/a>, convened\u00a0by the Association of Southeast Asian Nations (ASEAN), focused on the\u00a0<a href=\"https:\/\/asean.org\/wp-content\/uploads\/2021\/09\/ASEAN-Comprehensive-Recovery-Framework_Pub_2020_1.pdf\" target=\"_blank\" rel=\"noopener\">ASEAN Comprehensive Recovery Framework<\/a>\u00a0\u2013 a roadmap to ensure the region\u2019s biological resources are sustainably managed. It highlighted that at least 50% of ASEAN member States are on track to achieve the Aichi Biodiversity Targets, which can help identify areas to scale up efforts to maximize regional contributions to achieving the post-2020 <a title=\"Global Biodiversity Information Facility \u2014 Capacity Enhancement Support Program 2022\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/news\/global-biodiversity-information-facility-capacity-enhancement-support-program-2022\">global biodiversity<\/a> framework (GBF).<\/p>\n<p>Another side event delved into the Convention on Biological Diversity (CBD) Secretariat\u2019s planning of a\u00a0<a href=\"https:\/\/enb.iisd.org\/knowledge-management-biodiversity-initiative\" target=\"_blank\" rel=\"noopener\">Knowledge Management for Biodiversity (KM4B) Initiative<\/a>\u00a0to facilitate implementation of the knowledge management component of the GBF, to enable biodiversity planning, policy formulation, decision making, and implementation processes. It\u00a0provided an opportunity for partners to learn about the KM4B Initiative and how they will be able to participate in and contribute to its <a title=\"African Elephant Conservation Fund invites project proposal\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/news\/african-elephant-conservation-fund-invites-project-proposal\">proposed projects<\/a>. The KM4B will enhance synergies and collaboration among biodiversity-related conventions and organizations on <a title=\"Managing the Eastern Arc Mountain forests for Carbon credits and emission trading; Local knowledge and climate change adaptation project (2007 \u2013 to date).\" href=\"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/research\/managing-the-eastern-arc-mountain-forests-for-carbon-credits-and-emission-trading-local-knowledge-and-climate-change-adaptation-project-2007-to-date\">knowledge management and support Indigenous Peoples and local<\/a> communities (IPLCs) and other stakeholders, including the private sector, to create their own collaborative networks and knowledge exchange programmes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>STORY HIGHLIGHTS An event, convened during the UN Biodiversity Conference in Montreal, Canada, sought to help countries estimate the value of natural capital and biodiversity and explore related data challenges and policy implications. Another event discussed the Nature for Climate Adaptation Initiative, which enhances capacity for nature-based climate solutions implementation, focusing on rights-based, inclusive approaches. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4886,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/wp-json\/wp\/v2\/posts\/4885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/wp-json\/wp\/v2\/comments?post=4885"}],"version-history":[{"count":5,"href":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/wp-json\/wp\/v2\/posts\/4885\/revisions"}],"predecessor-version":[{"id":4891,"href":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/wp-json\/wp\/v2\/posts\/4885\/revisions\/4891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/wp-json\/wp\/v2\/media\/4886"}],"wp:attachment":[{"href":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/wp-json\/wp\/v2\/media?parent=4885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/wp-json\/wp\/v2\/categories?post=4885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cfwt.sua.ac.tz\/ecosystems\/wp-json\/wp\/v2\/tags?post=4885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}