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CompensACTION: Mobilizing finance for climate, biodiversity, and food security through innovative payment for ecosystem services schemes

12 October 2023
14:00 - 14:45 EAT
Nairobi, Kenya
Side-Event at Global Landscape Forum on 12th of October in Nairobi
About The Event
Join us for insightful presentations on the CompensACTION Initiative and exchange experiences with partners on pioneering payment for ecosystem services schemes.
To revolutionize agriculture, we must shift from a one-dimensional food-centric system to one providing multifaceted services. Smallholder farmers play a vital role in preserving ecosystems and should be fairly compensated. This entails blending agricultural income with payments for positive environmental impacts. Financing, sourced both publicly and privately, holds the power to transform food systems by eliminating inefficiencies.
Launched under the German G7 presidency in 2022, the CompensACTION Initiative envisions a world where agricultural producers worldwide, especially smallholders in developing countries, receive fair compensation for their multifunctional services. This empowers them to earn a sustainable income by selling their produce and receiving payments for ecosystem services.
Event Objective
Event Rundown
2:05 pm
Welcome & Introduction
Maike Voss – GIZ
Wiebe Smit – Policy and Impact Innovator of Clim-EAT
2:10 pm
Opening
Jan Brix – Senior Policy Officer, German Federal Ministry for Economic Cooperation and Development (BMZ)
2:30 pm
Lightning Talks
Moderator :
Wiebe Smit – Policy and Impact Innovator of Clim-EAT
Pannelists:
Ma. Eliza J. Villarino – Research Fellow Alliance of Bioversity International and CIAT
Aaron Munzaa – Strategy and Finance Director; Soil-Carbon Certification Services (SCCS)
Lucy Emerton – Director Conservation Economics & Finance, Environment Management Group
Christiane Ehringhaus – Senior Sector Economist for Agriculture and Rural Development · KfW
2:40 pm
Discussions and Q&A with audience
Moderator :
Wiebe Smit – Policy and Impact Innovator of Clim-EAT
2:45 pm
Closing Remarks
Wiebe Smit – Policy and Impact Innovator of Clim-EAT
