The Development Finance Forum is KfW Development Bank's most important expert forum that regularly focuses on a current topic related to development cooperation. This time it is about the connection between climate and biodiversity protection, two crises that are closely related and can only be solved together as a whole.
This high-level expert conference will take place on 6 and 7 October at KfW’s Frankfurt offices. Experts from all over the world, from all disciplines and institutions involved – from politics, science, the private sector and civil society – will work together to establish a discourse on how to bring the two issues closer together at both the political level and the level of implementation.
Keynote speakers are Johan Rockström, Director of the Potsdam Institute for Climate Impact Research and co-author of the latest report “Earth for All” by the Club of Rome, Jochen Flasbarth, State Secretary at the Federal Ministry for Economic Cooperation and Development (BMZ) and Bruno Oberle, Director General of IUCN.
The formats range from keynote speeches given during plenary sessions to specialist working groups and presentations of innovative solutions in a Future Lab. This is expected to result not only in an analysis of the current situation, but should also provide forward-looking insights into the nexus of the two topics.
The conference will take place in good time before two major international conferences: the UN climate summit in Sharm-el-Sheikh, Egypt, in November and the major COP15 biodiversity conference in Montreal, in December. One of the issues on the agenda at the climate summit will be the continuation of the “Glasgow Climate Pact” from last year, in which the parties confirmed the 1.5 degree target. The parties also committed to increase international climate financing. In Canada, the Conference of the Parties wishes to set 21 specific goals for biodiversity conservation by 2030 in a “Post-2020 Global Biodiversity Framework”, for instance, the goal to protect 30% of the Earth’s surface by then.
It will only prove possible to both limit global warming to 1.5 degrees and to reverse the trend in species loss by achieving progress in each of these areas, respectively. That is why it is crucial to establish connections at all levels. The Development Finance Forum is intended to provide key information on how to better harness this connection, especially in practical implementation.
After the long period of social distancing due to the coronavirus pandemic, it also offers an opportunity for bilateral exchange, networking and discussion opportunities in an informal atmosphere.