Understanding the limits of our ecosystems is critical for us to ensure their long-term supply. Governance solutions are therefore to be built on a number of inter-connected factors which help to bring science and technology together, while respecting human rights.

Take a deeper dive into different governance mechanisms for ecosystem protection. Discuss their effectiveness and shortcomings in terms of protecting the natural asset in question, whether a keystone species or an entire ecosystem. This training will highlight governance mechanisms which can address the lack of international collaboration and cooperation as a key impediment to effective climate change policies.

Tokenization and Blockchain can be underpinning technology capabilities to completely rewire global finance and use cases around natural capital valuations. Blockchain has been praised as the new miracle technology, has been criticized as a tool for money laundering and darknet trade and has a huge climate impact. How can it serve as a sustainable tool for valuing natural capital? To understand the real strengths of this technology and how to avoid its pitfalls, this training starts by introducing Blockchain and Tokenization. It explains the different types of tokens from cryptocurrencies, asset-based tokens, non-fungible tokens (NFTs) to soul-bound tokens (SBTs). The training discusses different use-cases of this distributed ledger technology for nature preservation projects. It explains, how transparency can be achieved, that – for example – prevents double-counting of carbon sequestration. The training will provide a solid understanding of how these technologies can be efficient, transparent and sustainable financial tools for valuing natural capital.

Where do we stand in regards to green bond frameworks and what can be learnt from a UNFCCC perspective? How to best bridge between supply and demand for climate solutions?

This training will discuss in detail the development of a financial instrument that enable to meet these conditions, a Mitigation Outcome Security which is to the green bond what the Renewable Electricity Certificate is to the green electricity. The new financial instrument will lead to an integration of the green bond and the carbon market, with financiers playing a greater role on the later, through the trading of the Mitigation Outcome Securities. The framework proposed is transformative. It will make the carbon market become the drivers of the shift of low-cost finance toward green activities, one of the most important game changers to achieve the climate goals. In return, the involvement of financiers in the carbon market will enhance its liquidity, promote price discovery and efficiency. Digital technologies, more specifically, Distributed Ledger Technologies are being used for the pilot testing of this new financial instrument.

Solving multivariate problem sets is never a simple task; however, we will demonstrate how accounting for these adverse environmental factors powered by new technology capabilities and international/private finance will spur economic growth and prosperity for the labor forces of Rwanda, Brazil, and India. Meet Adam Wood, Research Collaborator and Consultant at Harvard University’s Department of Economics. He will take the lead on this training offered as a research seminar. Discussions will be based on conference panel 4 which looks into how we can best incorporate benefits for the climate and the workforce without upending local and regional economies with limited factor endowments.

Learning objectives are threefold: How to (1) Set the foundation for scalable and fiscally responsible solutions for all member states to create triple wins, (2) Provide enduring contributions to the economic multiplier machine of personal consumption, investment, and savings all of which contribute to the SPI/HDI’s of a Nation State, and (3) Generate sustainable tax revenues from the population so that they may work longer and happier, so that the aforementioned capital yields are reinvested into the economy of a government.