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Side Event #1729

Status: PUBLISHED

Date Thursday
2016.12.15 @ 18:15
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Room Contact Group 8 Meeting Room
Universal Building, main floor
Capacity: 45 people
Conference COP 13 / CP-COP-MOP 8 / NP-COP-MOP 2
Meetings(s)
COP-13
Thirteenth meeting of the Conference of the Parties to the Convention on Biological Diversity
Title Mainstreaming through Natural Capital Accounting and Resource Mobilization in Southern and Eastern Africa
Hosts
GDSA | CI | RESMOB | GIZ | NA | MET |
Topics
National Biodiversity Strategies and Action Plans (NBSAPs)
National Reports
Indicators
Capacity-building
Scientific and Technical Cooperation
Financial Mechanism and Resources Mobilization
 

 

The side event will introduce progress on Natural Capital Accounting (NCA) and Resource
Mobilization in Africa at both the regional and national level, highlighting African experiences how biodiversity can be mainstreamed into decision-making using NCA and Resource Mobilization. In particular, it will highlight some best practices and novel methodologies that have been implemented in Africa and
discuss how resource mobilization can be used to ensure the sustainability of NCA efforts. A key emphasis will be on the link between NCA and decision makers as well as between NCA and international commitments made by African countries.

The presentations will feature speakers from both government delegations and key entities working
on NCA in Africa. When relevant, linkages to NBSAPs, Agenda 2030, and Agenda 2063 will be made, particularly as it relates to biodiversity conservation. The presentations will profile evidence-based approaches to address externalities in Africa’s development models and will stress the critical role of NCA and resource mobilization to attain inclusive and sustainable development in Africa.

 

The objective of this side event is to put ongoing initiatives in Southern and Eastern Africa in the spotlight and to discuss how to build up on the existing initiatives and strengthen synergies among them.

 

 

Background

Natural Capital Accounting has been recognized as an important tool for evidence-based policy making about the role of nature and biodiversity within sound economic planning and development activity. NCA allows decision-makers to consider natural capital, inclusive of biodiversity, alongside other economic
sectors such as agriculture, forestry, fisheries, and tourism. As such, NCA has been identified as one of the useful frameworks for the purpose of monitoring and reporting on the United Nations post-2015 development agenda as well as for mainstreaming biodiversity and natural capital into decision-making.

 

Available evidence indicates that significant gaps remain in finance for biodiversity management, for countries to scale up their efforts and achieve the 20 Aichi Targets defined in  the CBD’s Strategic Plan for
2011-2020. At national level resource mobilisation focusses on determining the financial needs to fully implement the National Biodiversity Strategy and Action Plans, defining the resource gaps and to formulate national resource mobilisation strategies including specific implementation plans for introducing
economic instruments and other policy options to fill the resource gap.

 

The Gaborone Declaration for Sustainability in Africa (GDSA) is an action platform established by 10 African countries “to ensure that the contributions of natural capital to sustainable economic growth, maintenance and improvement of social capital and human well-being are quantified and integrated into development and business practice.” The GDSA has begun the process of launching a regional Community of Practice on NCA in Africa alongside a series of partners, GIZ being one of them.

 

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