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Driving resilience: mobilizing finance for climate and biodiversity amid geopolitical tensions

The escalating triple crises of climate change, biodiversity loss, and pollution are making the upcoming years crucial for paving a way to planning and mobilizing investments for building sustainable economies and improving people’s health, well-being and security. Every year, as efforts to reduce greenhouse gas emissions and prevent biodiversity loss fall short, the gap between required actions and the implementation of effective policies continues to grow. Despite the urgency, rising international conflicts complicate the achievement of global agreements. Due to geopolitical tensions in the region, a focus on Central-Eastern Europe and the EU Eastern Partnership countries is essential, particularly in understanding how to uphold ambitious green initiatives amidst ongoing challenges.  

The mobilization of finance emerges as a critical lever to speed up responses to interconnected climate and biodiversity risks, ensuring progress toward sustainability goals during periods of geopolitical tension. Countries must commit to investments in nature, fostering a transformative approach that addresses the interlinked challenges of climate change and biodiversity loss synergistically. 

Agenda

Welcome, agenda and theme introduction

Moderator: Lauri Tammiste, SEI Tallinn Centre Director

Keynote

Dirk Messner, President of the German Environment Agency, SEI global board member (TBC)

What forms of multilateral cooperation and strategic partnerships are essential at the global, regional, and national levels to accelerate societal transformation towards sustainability in the light of geopolitical disruptions? How could regional and national governments adapt their transition finance strategies to balance economic growth, sustainability and resilience amid geopolitical challenges?

Looking ahead to COP29 on climate and COP16 on biodiversity
  • Arnold Kreilhuber, UNEP’s Regional Director for Europe

Reflections on what was agreed upon last year and where we currently stand. Have the necessary steps been taken based on previous COPs to improve the status of climate and biodiversity, and what areas still require further attention.

Research for enhancing coordinated action on biodiversity and climate agendas
  • Lauri Tammiste, SEI Tallinn Centre Director

How the SEI research can showcase the benefits of coordinated action on biodiversity and climate.

Regional opportunities and challenges in enhancing environmental policies and balancing climate and biodiversity-related efforts in times of geopolitical tensions
Panel discussion and Q&A

The panel discussion will focus on finance and implementation: how regional geopolitical tensions hinder collective action on tackling climate change and biodiversity loss? What could be efficient strategies to mobilise finance to tackle both the biodiversity and climate crises, and ensuring investments into one do not hinder the other? What are the opportunities and challenges the region is facing?

  • Arnold Kreilhuber, UNEP’s Regional Director for Europe
  • Keit Pentus-Rosimannus, Member of the European Court of Auditor
  • Iordanka-Rodika Iordanova, Moldova Minister of Environment (2022.-2024)
Closing remarks

Lauri Tammiste, SEI Tallinn Centre Director

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