Biodiversity and the ecosystem services it provides are the foundation of our economies and our well-being. Despite their invaluable benefits, biodiversity continues to decline, generating increasing costs and risks to society, economies and business  Accelerated action is needed to strengthen biodiversity policies and translate commitments to effective implementation. Mobilising finance at scale is essential to support these efforts and deliver effective biodiversity outcomes to halt and reverse biodiversity loss.

Ahead of the 17th Conference of the Parties to the UN Convention on Biological Diversity in Armenia, this Green Talk Live presented latest OECD analysis on global biodiversity finance from all sources - public and private; domestic and international. Drawing on experiences and good practices insights worldwide, it also exploreed how to mobilise public and private finance for biodiversity, examining a range of instruments and mechanisms across the real economy and the financial sector.   

What do the latest data reveal on global biodiversity finance flows? How can biodiversity finance data and reporting be improved to ensure greater consistency, international comparability, coverage and transparency? How can public and private finance be mobilised at scale and deployed effectively to support biodiversity objectives?

At our OECD Green Talks LIVE webinar on Monday 5 October from 3:30-4:30 pm CEST, we discussed these questions and more. The webinar drew on two OECD publications: An overview of global biodiversity finance, and Mobilising Public and Private Finance for Biodiversity: Good Practices in Unlocking Capital for Nature.

Following a presentation by the OECD, a panel of experts shared their reflections and country insights.