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Side Event

The New Bioeconomy: Innovative Financial Mechanisms, Payments for Environmental Services, REDD+ and the Financialization of Biodiversity

Global Forest Coalition, in cooperation with Friends of the Earth International, the ICCA Consortium, Friends of the Siberian Forests, Econexus, Unnayan Onneshan and others.

Date and Time
8 October 2012 13:15 - 14:45

Eleventh meeting of the Conference of the Parties to the Convention on Biological Diversity (COP 11)

The side event will address the potential impact of proposed markets in environmental services and other innovative financial mechanisms on Indigenous Peoples, local communities and women. It will also discuss new phenomena like the financialization of biodiversity and how the proposed bioeconomy might lead to green land grabbing and other forms of dispossession of local communities