COP26: The Value of Nature to People and Planet
Published at : November 08, 2021
The nature loss and climate change crises are two sides of the same coin: the two are intrinsically linked and reinforce each other. Climate change is one of the main drivers of biodiversity and ecosystems services loss as, even under a 1.5-2°C global warming scenario, biodiversity is expected to be hard hit (IPBES, 2019). Conversely, the loss of nature contributes to climate change. The World Bank’s flagship analytical work, including The Changing Wealth of Nations 2021, The Economic Case for Nature (2021), and the approach paper Unlocking Nature-Smart Development (2021) highlight some of the future risks posed by climate change and nature loss, and underscore the importance of investing in nature. The event will discuss how nature loss is an economic and development issue, and how it is linked to climate change, as well as pathways to undertake both nature and climate-smart development in the future, including through expanding our economic toolkit beyond GDP to account for the wealth provided by nature. Learn more: http://wrld.bg/qMAo50GGqq0
🗣️ Speakers
- Karin Kemper, Global Director, Environment, Natural Resources and Blue Economy Global Practice, Environment
- Mari Pangestu, Managing Director, Development Policy and Partnerships, World Bank
- Alfred Okot Okidi, Permanent Secretary, Ministry of Water and Environment, Uganda
- Moderator: Elisabeth Mealey, Communications Manager for Sustainable Development, World Bank
📑 Agenda
00:00 Welcome! COP26: The Value of Nature to People and Planet
04:55 World Bank’s analytical work valuing natural capital
17:27 Nature and economic planning in Uganda
20:33 Natural capital as a key priority for the World Bank
24:43 Drivers of nature loss in Uganda
30:04 World Bank's efforts in putting a value on natural capital
35:14 Protecting Uganda's forests / Innovative financing tools
39:48 The connection with the UN Biodiversity COP
46:03 Closing remarks
As COP26 takes place in Glasgow, UK, the clock is ticking for high-impact climate action to deliver on the promises of the Paris Agreement. World leaders and national delegations, representatives from businesses, civil society and youth are gathering to tackle the climate crisis. The World Bank Group will be there, taking part in key discussions over the two weeks. Join us! https://live.worldbank.org/wbgatcop26
ABOUT THE WORLD BANK GROUP The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. http://www.worldbank.org
🗣️ Speakers
- Karin Kemper, Global Director, Environment, Natural Resources and Blue Economy Global Practice, Environment
- Mari Pangestu, Managing Director, Development Policy and Partnerships, World Bank
- Alfred Okot Okidi, Permanent Secretary, Ministry of Water and Environment, Uganda
- Moderator: Elisabeth Mealey, Communications Manager for Sustainable Development, World Bank
📑 Agenda
00:00 Welcome! COP26: The Value of Nature to People and Planet
04:55 World Bank’s analytical work valuing natural capital
17:27 Nature and economic planning in Uganda
20:33 Natural capital as a key priority for the World Bank
24:43 Drivers of nature loss in Uganda
30:04 World Bank's efforts in putting a value on natural capital
35:14 Protecting Uganda's forests / Innovative financing tools
39:48 The connection with the UN Biodiversity COP
46:03 Closing remarks
As COP26 takes place in Glasgow, UK, the clock is ticking for high-impact climate action to deliver on the promises of the Paris Agreement. World leaders and national delegations, representatives from businesses, civil society and youth are gathering to tackle the climate crisis. The World Bank Group will be there, taking part in key discussions over the two weeks. Join us! https://live.worldbank.org/wbgatcop26
ABOUT THE WORLD BANK GROUP The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. http://www.worldbank.org
world bankinternational developmentpoverty