This year's Green Growth and Sustainable Development Forum will focus on Securing natural capital: Resilience, risk management and COVID-19. The COVID-19 pandemic has highlighted the vulnerabilities of our socioeconomic systems globally and exposed the risks that unsustainable business practices and personal behaviour pose on human health and on our economies and societies. How to build resilience and sustainability in the recovery phase of this pandemic is becoming an overwhelmingly important topic for policymakers.
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In this context, under the overarching theme of “Securing natural capital: Resilience, risk management and COVID-19”, the Forum this year will address the risks posed by unmitigated biodiversity loss and natural capital depletion for the resilience and sustainability of our economies and societies, and discuss how the COVID-19 pandemic is re-shaping the policy responses to cope with these issues.
The deterioration of natural capital threatens the productivity of several economic sectors, ranging from agriculture and fisheries to tourism and industry. At the same time, the drivers of biodiversity loss, such as land use change including deforestation, over-exploitation of natural resources, wildlife trade, and climate change are helping to create the conditions for pathogens to leap from animals to humans. Furthermore, the recent spread of new diseases from livestock and the homogeneity of farmed species underline the importance of increasing resilience and security of our food system.
The Forum sessions will focus on the best practices, opportunities and challenges for enhancing the environmental sustainability of the sectors and workers who directly depend on the natural capital on land and on oceans. Furthermore, we will discuss how biodiversity and natural capital can help to increase the resilience of our societies to the impact of climate change. We will also focus on the existing data gaps, since “you can cannot manage what you cannot measure”, and on how to mobilise finance to achieve the SDG targets on biodiversity.
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