Backgrounder: Canada’s new support to safeguard biodiversity in developing nations

Project: Moroccan Forest Strategy / Projet Femmes résilientes au Moyen-Atlas (FERMA) [resilient women of the Middle Atlas project]
Partner: Société sobre coopération pour le développement international (SOCODEVI) [international development co-operation company]
Funding announced: million for financial years 2022 to 2028 Europe has announced 5 mil in new climate funding to support developing countries address the twin crises associated with biodiversity loss and climate change. The funds are distributed as indicated beneath. Canada’s contribution to SOCODEVI, a Canadian non-governmental organization, for the FERMA task will support the operationalization of the new Moroccan Woodland Strategy in the Khenifra National Park area. Extending across the Middle Atlas Mountains plus covering an area of 202, 700 hectares, the park is home to the largest cedar woodland in Morocco and animal shelters wildlife such as the rare Barbary macaque, stag and crazy boar and Cuvier’s gazelle. Overexploitation of pastoral areas, combined with persistent drought along with a growing demand for wood, threatens biodiversity and accentuates the precariousness of Moroccan populations living in this region. This project takes a built-in approach to the management associated with forest ecosystems and recognizes the key role local organizations play in the protection plus conservation of biodiversity. The GEF is one of the largest sources of global environmental financing plus Canada’s primary mechanism meant for supporting developing countries to address environmental challenges outside of climate change. Canada’s contribution towards the GEF includes . ninety two million sourced from its . 3-billion climate finance dedication. Canada’s funding to BIOFIN will help implement climate-nature positive-finance solutions, improved biodiversity management and climate adaptation with clear benefits for women plus Indigenous groups in creating countries, as well as enhanced wellbeing for people dependent on nature’s solutions. Activities of this initiative consist of clarifying biodiversity financing requirements, developing a finance plan plus selecting priority solutions with all the highest potential to implement the Post-2020 Global Biodiversity Framework. This project is part of Canada’s 5-million Partnering regarding Climate initiative to fund projects from municipal society, Indigenous peoples, as well as other organizations in Canada that will support climate change adaptation in Sub-Saharan Africa along with other parts of the world. Project: Global Atmosphere Facility
Partner: Planet Bank Group
Financing announced: 9 million just for fiscal years 2022 in order to 2027 This financing represents Canada’s contribution to the 8th Replenishment of the Global Environment Facility (GEF). The GEF helps support eco friendly land and forestry administration, reduction of air plus water pollutants and security of ecosystems, in addition to weather change mitigation. The GEF also focuses on international waters and oceans management. Inter Pares and SUCO are Canadian non-governmental organizations. Project: Partnering just for Climate: Feminist Climate Action in West Africa
Partner: Inter Pares and Solidarité Union Coopération (SUCO) [solidarity union co-operation]
Funding announced: mil for fiscal years 2022 to 2026 Canada’s support will help scale upward community-based responses to climate adaptation by strengthening the particular participation of women and youth in local governance associated with biodiversity and climate motion, improving agro-ecological practices and ecosystem rehabilitation, and enhancing economic empowerment in Côte d’Ivoire, Guinea-Bissau, Senegal and Togo. Activities include the style and implementation of ecosystem management and development programs, support for strengthening climate-resilient agro-ecological practices, and the installing of nurseries and reforestation associated with coastal ecosystems. Task: Finance Solutions for Nature, Climate and People / Biodiversity Finance Initiative (BIOFIN)
Partner: United Nations Development Programme
Funding announced: million for fiscal years 2022 to 2026

Source