Strategies to Ensure a Climate-friendly, Resilient and Eco-friendly Economy

Context

Governments around the world have signed the Paris Agreement and adopted measures to protect natural landscapes in the Convention on Biological Diversity. They now need to present the strategies they plan to follow to transform their economies into resilient, low-carbon and eco-friendly systems. At the same time, the significant increase in the resources required by the countries of Africa and Asia is expected to continue in the coming decades. This will result in more greenhouse gas emissions and place ever greater stress on ecosystems and natural resources.

To counteract these trends, paths of economic development need to be coupled with long-term strategies to preserve the climate and biodiversity. International support and the sharing of related experiences make it possible to identify specific ways to achieve resilient, climate-friendly economies. These efforts can factor in objectives related to biodiversity, nature conservation and environmental protection, along with corresponding implementation structures that help ensure climate-compatible development. Meanwhile, potential for natural climate protection can play an integral role in these strategies and be backed up by related measures.

Objective

Governments apply internationally proven approaches in developing resilient, climate-friendly and eco-friendly economies.

Approach

This project is aiding its partner countries in incorporating the potential of natural carbon sinks like forests and peatlands into their climate protection strategies. In the process, experts are analysing economic development paths that strengthen biodiversity and mitigate the effects of climate change.

The project is also supporting pilot approaches to managing natural resources in sustainable, climate-sensitive and environmentally friendly ways that also facilitate local economic growth. In addition, funding options are being formulated with the countries involved in order to disseminate successful methods.

Finally, regional specialist forums are providing opportunities for the relevant technical authorities and stakeholders from the private sector and academia to learn from each other. The project is also helping to refine experiences from individual countries and sharing knowledge at the regional and international levels.

Last update: April 2023