The Indian Institute of Management Bangalore (IIMB) will host the Biodiversity Finance Plan International Workshop on ‘Sustainable Production and Consumption and Novel Economic Instruments for Biodiversity Conservation’, on November 17 and 18, 2017 in their campus. The workshop will be led by Prof A Damodaran, Department of Industrial Policy and Promotion’s IPR Chair at IIM Bangalore.
Participants in the workshop will include representatives of BIOFIN member countries, international organisations, academics and policy makers dealing with issues relevant to the theme of the workshop. It is envisaged that the deliberations of the workshop would result in providing strategic policy direction for the preparation of an effective Biodiversity Finance Plan.
The five main sessions of the workshop will include overview session on BIOFIN, novel economic instruments and sustainable production and consumption; current economic instruments utilised in BIOFIN countries; landscape or biome-based approaches to biodiversity conservation; market access instruments to enhance sustainable production and consumption, and mainstreaming development programmes for sustainable production and consumption.
The workshop seeks to address issues like how biodiversity finance solutions can contribute to sustainable consumption and production, and what the main biodiversity finance solutions are, that have demonstrated a positive impact on sustainable consumption and production.
The international workshop is being organised under the auspices of the Ministry of Environment, Forest and Climate Change (MOEFCC) in partnership with the Convention on Biological Diversity, Montreal, BIOFIN Global, the National Biodiversity Authority, the UNDP and Indian Institute of Management Bangalore.