CAS 2021 Anchoring Event – Nature-Based Solutions

On demand on CAS TV – from Ottawa, Canada

This Anchoring Event on Nature-Based Solutions (NBS), hosted by the Governments of Canada and Mexico, demonstrates the value of NBS as means to drive resilience, highlight local participatory approaches as bases for long-term success, develop ways to scale impact with innovative financing approaches and models, showcase key Action Track deliverables, and inspire others to take action towards COP26. Vanguard partners share insights and experiences.

This Anchoring Event builds on a series of various preparatory events from all over the world led by the Governments of Canada and Mexico.

Nature-Based Solutions
The so-called Sand Motor, or sand engine, on the North Sea coast at Kijkduin, the Netherlands.

Event programme overview

  • Scene setting by the co-lead of the Action Track on Nature-Based Solutions, Canada and Mexico
  • From Local Action to Global Solutions: United Nations Ecosystem Initiatives
    The Executive Director of the UN Environment Programme highlights new UN ecosystems initiatives and how NBS are truly global solutions with many co-benefits.
  • Indigenous Leadership and Local Solutions
    Leaders from Mexico, Canada, Kenya, Nigeria and the Netherlands discuss the experiences of Indigenous Peoples, local communities and youth in working with nature to build resilience.
  • Opportunities and Challenges to Advance Nature-Based Solutions for Adaptation
    The Canadian Minister of International Development and the CEO of the World Resources Institute discuss the importance of public and private sector leadership to scale up NBS.
  • Scaling Impact: Innovative Financing Models
    Public and private sector leaders explore innovative approaches to financing NBS projects.
  • Accelerating Action in 2021 and Beyond
    Officials from the Global Environment Facility and the Government of the United Kingdom encourage audience members to work with nature to help address climate change in the lead-up to this year’s UN Climate Change Conference (COP26) and in the future.

Outcomes

The Special Climate Change Fund (SCCF) of the GEF approved a USD-2-million novel project to support monetary valuation of Nature‐Based Infrastructure (NBI), with the objective of demonstrating its economic case and catalysing more public and private investment. The project is co‐financed by the MAVA Foundation and implemented by UNIDO with International Institute for Sustainable Development (IISD). The project will set up an NBI resource centre, take a system‐based approach to demonstrate monetary valuation of up to 46 nature‐based infrastructure investments, and develop a massive open online course and database to support future valuations. The project is expected to benefit more than 100,000 climate-vulnerable people and support the management of nearly 20,000 hectares of land for climate resilience.

A new Global Ecosystem‐based Adaptation Fund, supported by Germany and implemented by UNEP and the International Union for Conservation of Nature (IUCN), was developed with an initial capitalisation of EUR 15 million, and the first call for proposals is expected in 2021. Through a rapid- delivery mechanism, the Fund will provide seed capital that aims to catalyse the scaling up of ecosystem‐based adaptation. The Fund will focus on support to non‐state actors, with the expectation that they will often need to work closely with national and local governments. We recruited a vanguard group of countries, including Canada, Ethiopia, Mexico, the Netherlands, and Peru, to plan and/or implementing large‐scale NBS action for climate adaptation. WRI and partners have worked with this vanguard group to garner commitments to action that will yield benefits to the majority of people in each city by 2030. The scaled‐up action, commitments, and ambitions from these cities are showcased at CAS 2021 and COP26 to build support for city‐led NBS initiatives and inspire other cities to act.

A Project Preparation Facility (PPF) is designed that will build a pipeline of city‐led NBS projects for climate adaptation that are positioned to access large‐scale infrastructure finance and capital markets. The facility will provide financial and technical assistance to city leadership, civil society, and infrastructure operators to plan and design bankable NBS for climate resilience and human wellbeing.

More outcomes

Download an overview of CAS 2021 outcomes and results. More per-session deliverables are also accessible from the Summit outcomes page.

Speakers

This event presents a variety of high-level speakers.

Partner organisations

Asian Development Bank

www.adb.org

Global Center on Adaptation

www.gca.org

Global Environment Facility

www.thegef.org

Government of Canada

www.canada.ca

Government of Mexico

www.gob.mx

Government of Peru

www.gob.pe

Government of the United Kingdom

www.gov.uk

Indigenous Information Network, Natural Justice Network

www.indigenous-info-kenya.net

National Institute of Ecology and Climate Change

-

National Institute of Indigenous People, Mexico

-

Swiss Re

www.swissre.com

The Cree First Nation

-

United Nations Environment Programme

www.undp.org

World Resource Institute

www.wri.org

Youth4Nature

www.youth4nature.org