Head of State Calls for Increased Support and Rewards for Biodiversity Preservation
Posted on June 23, 2023 at 1:04 p.m. by Linda Manga
During the opening of the summit on the new financial pact in Paris, the Head of State made a passionate plea for the reward and preservation of biodiversity. Ali Bongo, the President, emphasized the urgent need for support and better incentives to combat global warming and protect biodiversity.
In a post on his Facebook page, President Bongo highlighted the inadequacy of current financial systems in addressing the dual challenges of climate change and biodiversity loss. He stated, “In the face of the planetary crisis, the financial systems in general are unable to have new financing to adapt to the dual challenge of climate and biodiversity, and that no significant increase in the financing received in favor of the climate has been observed.”
President Bongo called for new financial partnerships that would promote green growth and attract both private and public finance to reward forest conservation and biodiversity. He stressed that incremental progress is no longer sufficient and that a significant leap forward is necessary. “The policy of small steps is no longer enough. We need a big leap forward. Without it, future generations will be doomed,” he asserted.
Following his speech, the Head of State actively participated in a session on the protection of biodiversity. The session was led by representatives of major international financial institutions, heads of state and government, as well as environmental defenders. The participants discussed effective means of financing and explored concrete measures for a fair and united ecological transition.
President Bongo’s plea for increased support and rewards for biodiversity preservation comes at a crucial time when the world is grappling with the devastating effects of climate change and the rapid loss of biodiversity. His call for innovative financial mechanisms and partnerships reflects the urgency and determination to address these pressing global challenges.
As the summit progresses, it is hoped that the discussions and commitments made will pave the way for a more sustainable and resilient future, where the preservation of biodiversity is prioritized and adequately rewarded.
How can new financial partnerships attract private and public investments to preserve forests and biodiversity
Head of State Urges Stronger Backing and Incentives for Protecting Biodiversity
Published on June 23, 2023 at 1:04 p.m. by Linda Manga
During the opening of the summit on the new financial pact in Paris, the Head of State delivered a passionate plea for the preservation and reward of biodiversity. Ali Bongo, the President, stressed the urgent need for increased support and better incentives to combat global warming and safeguard biodiversity.
In a Facebook post, President Bongo pointed out the inadequacies of current financial systems in tackling the combined challenges of climate change and biodiversity loss. He stated, “Given the planetary crisis, our financial systems are simply not equipped to secure new funding to address the dual challenge of climate and biodiversity. We have yet to see any significant increase in financing for climate initiatives.”
President Bongo called for new financial partnerships that would advance green growth and attract both private and public investments for the preservation of forests and biodiversity. He emphasized that incremental progress was no longer enough, and that a significant leap forward was imperative. “Taking small steps is insufficient. We need a giant leap. Without it, future generations will be condemned,” he asserted.
Following his address, the Head of State actively participated in a session on biodiversity protection. This session was led by representatives of major international financial institutions, heads of state and government, and environmental advocates. They discussed effective financing methods and explored tangible measures for a fair and unified ecological transition.
President Bongo’s plea for increased support and incentives to protect biodiversity comes at a critical juncture when the world grapples with the devastating impacts of climate change and the rapid loss of biodiversity. His call for innovative financial mechanisms and partnerships reflects the sense of urgency and determination to address these pressing global challenges.
As the summit progresses, it is anticipated that the discussions and commitments made will pave the way for a more sustainable and resilient future. A future where the preservation of biodiversity is prioritized and appropriately rewarded.
Ali Bongo’s plea for a reward in preserving forests is a significant step towards incentivizing environmental conservation. With mounting threats to our world’s forests, it’s crucial to recognize and appreciate the efforts of those working tirelessly to protect our planet.