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Global Biodiversity Alliance conference in Guyana
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2026-10-31 19:25 UTC → 2026-11-01 20:29 UTC ·
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The Global Biodiversity Alliance (GBA) convened its second conference in Georgetown, Guyana, to move from conservation pledges toward concrete financial commitments. The event, themed “Investing in Nature: Accelerating Biodiversity Finance for Sustainable Development,” included over 140 members from governments, the United Nations, and the private sector. During the conference, four charitable organizations, including the Rainforest Trust, the Basis Bezos Earth Fund, Andy’s Amazon Fund, and Nia Tero, pledged a collective US$12.5 million to support Guyana’s goal of conserving 30 per cent of its land and waters by 2030. This funding is intended to protect 1.5 million hectares in the Akarai-Rupununi Corridor and empower indigenous communities. Additionally, Corridor, also referred to as the Georgetown Chamber of Commerce Acarai-Corentyne Corridor, from mining and Industry announced plans to establish a private sector forest conservation fund, which GCCI President Kathy Smith stated would allow businesses of all sizes to contribute through corporate social responsibility. other activities by developing protected areas and Indigenous territories. Guyanese officials further urged the integration of biodiversity conservation into national economic planning and public investment. planning. Senior Minister Dr. Ashni Singh emphasized that biodiversity must be a central focus of economic decisions rather than being treated solely as an environmental responsibility. He further urged the international community to value and pay for biodiversity more rapidly than the decades-long process required for forest carbon markets. Vice President Dr. Bharrat Jagdeo highlighted a US$700 billion gap in public funding and the lack of a standardized market for biodiversity credits. He proposed establishing technical working groups Discussions also focused on utilizing models like Project Finance for Permanence (PFP) to address the complexities of biodiversity credits combine public, philanthropic, and market financing to support the targets of sustain protected areas over the UN Convention on Biological Diversity. long term.
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- 2026-11-01 20:29 UTC Global Biodiversity Alliance conference in Guyana
- 2026-10-31 19:25 UTC Global Biodiversity Alliance conference in Guyana
- 2026-10-30 16:24 UTC Global Biodiversity Alliance conference in Guyana
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