About GLF Nairobi 2023: ‘A new Vision for Earth’

The GLF Nairobi 2023 Hybrid Conference, held on October 11 and 12, convened global thought leaders to set the stage for COP28, the upcoming UN Climate Change Conference. This pivotal event mobilised action on critical issues affecting humanity, biodiversity, and our planet.

The conference featured two focused days: Day 1 centered on “Africa’s Sovereign Solutions,” exploring pathways to a sustainable and prosperous future for the continent. Day 2, dedicated to climate, aimed to craft a “Survival Guide for a Planet in Crisis,” paving the way for a fairer world ahead of COP28.

GLF Nairobi brought together a diverse coalition of influential voices, ranging from scientists, activists, and Indigenous leaders to financiers, women, youth, policymakers, and private sector representatives. As a united front, we collectively championed change and passionately advocated for meaningful action in these pivotal times.

About Dragons Den Plenary

The Dragons Den Plenary  featured innovative nature-based solution companies presenting their initiatives to a panel of expert judges, focusing on environmental impact, financial viability, and scalability. The meeting stressed the existential threat of biodiversity loss and the climate crisis, advocating for a new vision for Earth prioritizing all life forms. Speakers called for radical measures, including habitat restoration and reducing carbon emissions, with an emphasis on reforming access to climate finance through multilateral banks.

The East African Development Bank was proposed as a partner for action, emphasizing the need for tangible steps over mere rhetoric. The meeting underlined the importance of collective action to address environmental challenges and transition away from fossil fuels toward renewable energy sources.

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About GLF Nairobi 2023: ‘A new Vision for Earth’

The GLF Nairobi 2023 Hybrid Conference, held on October 11 and 12, convened global thought leaders to set the stage for COP28, the upcoming UN Climate Change Conference. This pivotal event mobilised action on critical issues affecting humanity, biodiversity, and our planet.

The conference featured two focused days: Day 1 centered on “Africa’s Sovereign Solutions,” exploring pathways to a sustainable and prosperous future for the continent. Day 2, dedicated to climate, aimed to craft a “Survival Guide for a Planet in Crisis,” paving the way for a fairer world ahead of COP28.

GLF Nairobi brought together a diverse coalition of influential voices, ranging from scientists, activists, and Indigenous leaders to financiers, women, youth, policymakers, and private sector representatives. As a united front, we collectively championed change and passionately advocated for meaningful action in these pivotal times.

About this session

Hosted by the East African Development Bank. The session explored climate finance access for local communities and featured expert panelists discussing climate challenges and the role of multilateral banks. They emphasized the urgency of climate action, discussed innovative solutions like small-scale renewable energy projects, and stressed the importance of financial collaboration. The meeting also highlighted the impact of climate change on agriculture and the need for practical solutions.local

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Carbon Finance Learning Track 1

The Carbon Finance Learning Program is a series of webinars that gathers inputs from carbon finance experts, while also providing insights through real-life case studies.

Learning track 1 on carbon finance targets economic actors, local project developers, and young professionals/students, and seeks to increase understanding of key carbon finance aspects while highlighting the opportunities for local action. 

This program is organized in the framework of the Luxembourg-GLF Finance for Nature Platform and was launched during the platform’s Digital Forum on Sustainable Finance for Nature-based Solutions.

Further your career and explore GLF’s Landscape Academy

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GLF Climate: Frontiers of Change

Download the session resources

White paper – Securing Indigenous rights in the transition to a green economy

Presentations – Mining justice and the clean energy transition and First Peoples Worldwide

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Presentation by Payal Sampat, Earthworks

At GLF Climate 2022: Frontiers of Change along the 27th United Nations Climate Change Conference (UNCCC), held from 6 November until 18 November 2022 in Sharm El Sheikh, Egypt.

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• The total annual climate finance mobilized in Africa in 2020 was only USD 29.5 billion. The amount of climate finance in Africa falls dramatically short of what is needed to implement Nationally Determined Contribution (NDCs) in the region.
• Meeting Africa’s climate finance needs will require significantly higher levels of investment, especially from the private sector. The private sector must play a more prominent role in closing the climate finance gap in Africa.
• Barriers to financial market depth, governance, project-specific characteristics, and enabling skills and infrastructure are some of the challenges that have stifled private investment in African climate solutions to date.
• Innovative climate finance structures can be deployed to improve capital efficiency and overcome the barriers to finance which have stifled investment to date.

Overcoming barriers to climate finance

Given their specific characteristics, financial instruments and mechanisms should be deployed depending on the unique geographic and sectoral context of an investment opportunity.

This paper provides detail on such innovative instruments that have been launched across the continent:

• TerraFund for AFR 100 has deployed a standardized process to deploy early-stage catalytic finance and technical assistance to spur the growth of grassroots innovators operating in the challenging land restoration sub-sector.
• The Sub-National Climate Finance Initiative uses a blended private equity instrument that targets a 20:1 private-to-public finance leverage ratio for its investments in mid-sized climate infrastructure projects.
• Kenyan real estate developer Acorn has financed its green student housing portfolio by launching three separate capital markets instruments to attract a range of investors with different risk profiles.
• Revego Africa Energy has aggregated a diversified portfolio of operating renewable energy assets into Africa’s first YieldCo, providing an avenue for risk-averse and hard-to-reach institutional investors to fund climate solutions.

Learn more about The International Climate Finance Accelerator (ICFA) Luxembourg

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Jenn Pryce is President and CEO of Calvert Impact Capital. For nearly 25 years, Calvert Impact Capital has strived to make markets work for more people, more often, by investing in communities overlooked by traditional finance. They have raised more than $2billion from 18,000+ investors, putting capital to work around the world to finance everything from solar panels in Tanzania and small businesses in Texas.

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About GLF Climate 2021

Hosted digitally and in Glasgow alongside COP26, the GLF Climate 2021 hybrid conference made a unanimous call for ambitious, concrete action to stop the climate crisis.

Attended by 4,386 digital participants from 145 countries, along with 481 in-person participants at the University of Glasgow, the event featured 400 leading scientists, activists, Indigenous leaders, financiers, youth, and government leaders.

Across 67 plenaries, interactive sessions, launches, and climate talks, GLF Climate: Forests, Food, Finance – Frontiers of Change explored the potential of three key climate solutions: forest restoration, resilient food systems, and sustainable finance. Messages spread on social media rallied 41.34 million people around concrete ways to address the climate emergency as quickly as possible.

Biomass power generation and land restoration with bamboo

Indonesia is ambitiously targeting a 23% renewable energy mix by 2025, leveraging its abundant local resources, such as geothermal, biomass, hydro, solar, wind, and oceanic currents. The country sees biomass, with its flexible plant size and load-following capabilities, as a viable substitute for diesel power plants, particularly in regions like Timor Island.

By employing fast-growing leguminous trees on degraded land, biomass production not only generates power but also addresses environmental concerns, such as soil erosion and landscape fertility. To maximize benefits, a community-based business model is proposed, involving local communities in biomass production, boosting income, and simultaneously reducing greenhouse gas emissions. This approach positions biomass power generation as a catalyst for sustainable energy, economic empowerment, and ecological restoration on a significant scale.

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Nature embodies different concepts for different people, including biodiversity, ecosystems, Mother Earth, systems of life and other analogous concepts. Nature’s contributions to people embody different concepts, such as ecosystem goods and services and nature’s gifts. Both nature and nature’s contributions to people are vital for human existence and good quality of life (human well-being, living in harmony with nature, living well in balance and harmony with Mother Earth, and other analogous concepts). While more food, energy and materials than ever before are now being supplied to people in most places, this is increasingly at the expense of nature’s ability to provide such contributions in the future, and frequently undermines nature’s many other contributions, which range from water quality regulation to sense of place. The biosphere, upon which humanity as a whole depends, is being altered to an unparalleled degree across all spatial scales. Biodiversity – the diversity within species, between species and of ecosystems – is declining faster than at any time in human history.

Find out more here.

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