As Canada welcomed the world to the COP15 (Conference of the Parties) biodiversity conference in Montreal, on 12 December 2022, Canada announced an investment of Can$18.7 million over 4 years in support of Scaling-up Nature-Based Leadership Platforms. Through the proven partnerships of the International Model Forest Network in official development assistance (ODA)–eligible countries, this investment will support efforts to scale up forest and landscape restoration, enable inclusive landscape governance and equip the next generation of forest leaders to address the twin crises of climate change and biodiversity loss.
The investment represents an allocation of Canada’s five-year Can$5.3 billion climate finance commitment made in 2021 and toward Canada’s commitment that 20 percent of these funds go toward nature-based climate solutions and projects that contribute biodiversity co-benefits.
This investment in the International Model Forest Network will not only help support developing countries in their transition to low-carbon, climate-resilient, nature-positive and inclusive sustainable development but also contribute in part to delivering on Canada’s commitments under the Global Forest Finance Pledge and the Forests and Leaders’ Partnership.
There is no solution to climate change and terrestrial biodiversity loss that does not involve healthy forest ecosystems. Forest ecosystems and how we sustainably manage forests are a key, nature-based solution to many issues, including climate mitigation, biodiversity loss and increased efforts in conservation.
Author:
Publisher: International Model Forest Network
Language: English
Year: 2025
Ecosystem(s): Forests
Location(s): Global
biodiversity climate change finance investment nature-based solutions (NbS) partnership
