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

CompensACTION side event at Global Landscape Forum on climate and ecosystem finance

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

  • The event gives space for highlighting emerging market opportunities for ecosystems services and for building momentum and partnerships towards joint ambitions reaching climate, biodiversity and development goals.
  • The dissemination of good practices and lessons learnt from novel PES 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.

Event Rundown

2:00 pm -
2:05 pm

Welcome & Introduction

Maike Voss – GIZ

Wiebe Smit – Policy and Impact Innovator of Clim-EAT

 

2:05 pm -
2:10 pm

Opening

 

Jan Brix – Senior Policy Officer, German Federal Ministry for Economic Cooperation and Development (BMZ)

2:10 pm -
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

2:30 pm -
2:40 pm

Discussions and Q&A with audience

Moderator :

Wiebe Smit – Policy and Impact Innovator of Clim-EAT

 

2:40 pm -
2:45 pm

Closing Remarks

Wiebe Smit – Policy and Impact Innovator of Clim-EAT

SAVE YOUR SPOT

Don’t miss out on this event. Register now to secure your place and be part of the experience.