CompensACTION: Mobilizing carbon finance for food security and environmental benefits

A side-event at The Africa Climate Week, Nairobi

8 September 2023
8 September 2023
13:30 - 14:30 EAT
Karre Mountain, KICC, Nairobi, Kenya

About The Event

Join us at our event to learn about the essential paradigm shift required to transform agriculture and food systems.

Discover how compensating smallholder farmers for their multifunctional services can positively impact nature and climate-positive agriculture. Explore the CompensACTION initiative, launched under the German G7 presidency, which aims to provide fair compensation for agricultural producers, especially smallholders, in developing countries. Gain insights into innovative carbon-based compensation schemes that leverage public and private climate finance to create climate-effective food systems. Learn about replicable and scalable solutions that align with climate and Sustainable Development Goal targets.

Be part of this session to explore best practices, lessons learned, and the opportunity to engage in partnership under the CompensACTION Initiative to accelerate impact and secure a sustainable and climate-resilient future for Africa.

Event objective

  • The event provides the unique opportunity to highlight emerging markets actions for private finance and to build momentum and partnerships towards joint ambitions reaching climate and development goals.
  • Representatives of project implementers, government, private sector, financial institutions will discuss on basis of their implementation experiences and formulate framework conditions that need to be established for mobilising carbon finance for smallholder farmers.
  • The dissemination of good practices and lessons learnt from novel carbon payment schemes that serve farmers’ needs, will further contribute to sustainable agri-food systems.
  • The session will serve as an opportunity for partnership engagement under the CompensACTION Initiative to jointly leverage funding and accelerate impact.
Time (EDT)
Topic
Speaker
2:05 pm - 2:20 pm

Discussions and Q&A with audience

2:20 pm - 2:25 pm

Rapid-fire statements from speakers on how to make carbon finance work for small-holder farmers.

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Co – hosts