2009-08-Tokyo

Public Seminar on International Market-based Instrument to Finance Biodiversity Conservation

05 Aug 2009
Japan Bank for International Cooperation
Tokyo, Japan

A Public Seminar on Biodiversity, Economy and Business: “International Market-based Instrument to Finance Biodiversity Conservation” was held on August 5, 2009, co-organized by JBIC, EcoTopia Science Institute of Nagoya University, the Institute for Global Environmental Strategies (IGES), ResponsAbility, Inc. (RAI) and the Japan Overseas Investment Institute (JOI).

The Seminar served as a forum of vibrant discussion on the green development mechanism (GDM), an innovative international financing mechanism for conserving biodiversity, and biodiversity offset, which implement a biodiversity conservation plan to offset impacts on biodiversity by a development project.

More than 170 participants from business and industry, the research community and civil society groups attended the Seminar, indicating growing interest in biodiversity conservation leading up to the Tenth Meeting of the Conference of the Parties (COP10) to the Convention of Biological Diversity (CBD) to be held in Nagoya in 2010.

Background document (in Japanese)

Seminar website (in English): http://www.jbic.go.jp/en/about/topics/2009/0831-02/index.html