The Amazon biome is under threat. The World Wildlife Fund estimates that 27% – more than a quarter – of the Amazon biome will be without trees by 2030 if the current rate of deforestation continues. Frequently, there is a false dichotomy made between economic growth and ecosystem health. However, recent initiatives have shown that this is not true. The case for realigning the interests of markets, people and planet has been amply made for decades, and is now widely recognized through the SDG framework of the UN. Increasingly, actors are aware that it is possible to both manage natural capital well and increase equitable growth. In this session, Thomas Lovejoy and Virgilio Viana will share the latest trends and challenges in green financing to align natural capital, financing and policy. The session will be moderated by the CEO of the Inter-American Development Bank’s innovation lab, Irene-Arias Hofman.
Speakers:
– Dr Thomas Lovejoy, University Professor of Environmental Science and Policy, George Mason University
– Dr Virgilio Viana, Director General, Sustainable Amazon Foundation
– Moderator: Irene Arias-Hofman, Chief Executive Officer, IDB Lab