Nature and Water Finance for Climate Action

This high-level event, part of the COP28 Presidency Program, will bring together public and private, conventional and innovative financiers to spotlight key efforts to mobilize finance at scale for water and nature, and to contribute to the delivery of the UN SDGs, the Paris Agreement and the Kunming Montreal Global Biodiversity Framework.

With co-chairs Ngozi Okonjo-Iweala, Mariana Mazzucato and Johan Rockstrom.

Including Commissioner Jo Tyndall as moderator.

Overview

This high-level event will bring together public and private, conventional and innovative financiers to spotlight key efforts to mobilize finance at scale for water and nature, and to contribute to the delivery of the UN Sustainable Development Goals, the Paris Agreement and the Kunming-Montreal Global Biodiversity Framework. The COP28 Presidency will platform related announcements – on impactful policies, funds and initiatives – that are working to build a more robust global financial architecture and advance the implementation of the Sharm-el Sheikh Adaptation Agenda and the 2030 Breakthroughs. COP28 will outline a way forward as a means to accelerate action towards COP30, with a particular focus on water and nature.

Speakers

• Lord Zac Goldsmith, Former UK Minister for Climate and Environment
• Dr Johan Rockström, Director of the Potsdam Institute for Climate Impact Research and Co-Chair of the Global Commission on the Economics of Water
• Ilan Goldfajn, President, Inter-American Development Bank
• Masatsugu Asakawa, President, Asian Development Bank
• H.E. Razan Al Mubarak, UN Climate Change High-Level Champion from the COP28 Presidency
• Dr. Ngozi Okonjo-Iweala, WTO Director General and Co-Chair of the Global Commission on the Economics of Water

Objectives

• Announce initiatives contributing to unlock new and additional funding that scale finance for water and nature.
• Showcase innovative financing models for water and nature finance (including commercial and innovative policies or frameworks that address risks and opportunities).