Global Initiative on Banking, Business and Biodiversity -- Results of initial assessments and next steps Secretariat of the Convention on Biological Diversity Beijing, 18 October 2002 11/24/2018 SCBD

Overview Request from the Conference of the Parties (decision VI/16, para. 11(d)) Overview of COP decisions related to the global initiative Brief on National Efforts related to banking, business and biodiversity Brief overview of relevant UN initiatives/processes Example: farmers’ involvement in biodiversity activities At its sixth meeting, the Conference of the Parties to the Convention on Biological Diversity requested the Executive Secretary, in collaboration with the GEF, to explore with interested partners opportunities of developing a global initiative on banking, business and biodiversity, taking into account the existing mechanisms and institutions, and other global and regional initiatives or processes, with a view to increasing funding for biodiversity and mainstreaming biodiversity into the financial sector (VI/16, para. 11(d)). Today’s workshop is part of our efforts to respond to this request of COP. We will have presentations on: -- Overview of COP decisions related to the global initiative -- Brief on National Efforts related to banking, business and biodiversity -- Brief overview of relevant UN initiatives/processes -- Example: farmers’ involvement in biodiversity activities Mr. Yibin Xiang and Mr. Pascal Poinlane from our Secretariat and Professor Harold Brookfield from United Nations University will present the results of their assessments. 11/24/2018 SCBD

Brainstorming Corrections/comments/additional information Suggestions for next steps Possible collaboration for further development Seeking financial support for possible regional and international meetings The presentations we just have had provides a picture of where we stand now, mainly by identifying issues to be addressed by the Global Initiative on Banking, Business and Biodiversity. We welcome corrections/comments/additional information, suggestions for next steps, possible collaboration for further development. We are also seeking financial support for possible regional and international meetings to further develop the initiative. Partnership and regional and international meetings are essential to secure wide support for a possible global initiative. Without participation/involvement of relevant stakeholders, it is hard to imagine that any such initiative can be adopted by the Conference of the Parties. Now the floor is open. 11/24/2018 SCBD