The IORA Secretariat announced the 5th Think Tank Meeting on “Opportunities for using nature, biodiversity and carbon markets to support sustainable management of coastal ecosystems”, which will be held on 10-12 September 2024 in Phuket, Thailand.
The meeting will provide IORA Member States with an opportunity to learn more about the potential to use market mechanisms to finance protection and restoration and generate livelihood opportunities for coastal communities. The objectives of this ‘think tank’ meeting are:
- to convene experts to present on the constraints to and opportunities for using market mechanisms (including nature, biodiversity and carbon markets) to support protection and restoration activities
- to identify the barriers to effective and sustainable nature finance, and potential solutions to those barriers
- to provide a forum where the private sector, policymakers and practitioners can engage in discussions and discuss best practices
- to build awareness and capacity in nature finance in IORA
- to encourage IORA Member States to think about practical extensions of the options discussed in their unique contexts, and
- to exchange information about finance mechanisms and policy frameworks.
The Secretariat wishes to remind the IORA Member States and Dialogue Partners that the deadline for nomination of participant is 5 August 2024. In this regard, the Secretariat kindly requests to nominate their participant for the workshop at the earliest convenience.
(IORA Source)