Nature-based Solutions (NbS) are increasingly seen as a key driver in tackling climate change. Indeed, COP 30 culminated in a new Global Multirão, which recognised, amongst others, the importance of conserving, protecting and restoring nature and ecosystems towards achieving the Paris Agreement temperature goal and the vital importance of protecting, conserving, restoring and sustainably using and managing nature and terrestrial, marine and mountainous ecosystems for effective and sustainable climate action. Further, important strides were made in the promotion of nature-based solutions, including the launch of UNECE’s practical guide to NbS in order to protect, restore and manage ecosystems, addressing societal challenges while delivering benefits for people and biodiversity.
This webinar will explore the significance of a structured legal due diligence framework within the spirit of key climate change and biodiversity treaties and frameworks , such as the United Nations Framework Convention on Climate Change, the Paris Agreement and the Convention on Biological Diversity and the Kunming-Montreal Global Biodiversity Framework. The webinar will explore comparative examples from various jurisdictions and how NbS fits into Article 6 activities. In doing so, the speakers will identify the core le gal risk domains that must be systematically assessed prior to investments into NbS. These include land tenure and carbon rights, safeguards such as Free, Prior and Informed Consent (FPIC) for vulnerable communities, benefit-sharing, disclosure regimes, permanence and best practices, all of which enable meaningful and impactful capital deployment into NbS.
English
