Theme on Economics and Regenerative Finance
Jacob Park is Associate Professor in Vermont State University (Castleton) https://www.castleton.edu/directory/faculty-staff-directory/details/jacob-park ...
IUCN COMMISSION GROUP
IUCN CEESP Business, Best Practice and Accountability Thematic Group
Overview and description
Description:
The IUCN CEESP Business, Best Practice and Accountability (BBPA) thematic priority is to enhance dialogue and promote collaborative action among IUCN members on a wide range of business, conservation ...
Group leadership
Dr Jacob PARK
Chair
Theme on Economics and Regenerative Finance
Jacob Park is Associate Professor in Vermont State University (Castleton) https://www.castleton.edu/directory/faculty-staff-directory/details/jacob-park and Visiting Professor at the University of Johannesburg (https://www.uj.ac.za/members/prof-jacob-park) who specializes in the social and environmental dimensions of innovation, entrepreneurship, and international business, with special focus/expertise in emerging and developing economies in Africa, Asia-Pacific, and Caribbean islands regions.
In addition to drawing on the diverse IUCN individuals, commission members, as well as the creative synergy of the CEESP community, the BBPA thematic work builds and expands on the previous CEESP projects and initiatives such as the Social and Environmental Accountability in the Extractives (and Accountability in the Extractive and Business sectors (e.g. mining, agriculture, forestry & biofuels, among others). The focus of the BBPA’s 2021-2015 work programme include three catalytic themes: Regenerative Finance, Cross Sector Business and Conservation Science Collaboration, Climate Change, Biodiversity, and Nature-based Recovery.
Areas of Focus
The focus of the BBPA’s 2021-2025 work programme include three catalytic themes: Regenerative Finance, Cross Sector Business and Conservation Science Collaboration, Climate Change, Biodiversity, and Nature-based Recovery.
PRIORITY#1 Regenerative Finance
Regenerative finance can be best defined as broad set of traditional investment and financial tools used to address a wide assortment of social and environmental dilemmas (e.g. conservation finance, impact investing, climate capital, etc.) on the local as well as on the global level. The BBPA Regenerative Finance Theme seeks to work with external as well as internal IUCN stakeholders to design and incubate new and existing regenerative finance tools and mechanisms to address global conservation issues, with a special focus on low and middle income countries in Latin America, Africa, and Asia-Pacific regions.
PRIORITY#2 Cross Sector Business and Conservation Science Collaboration
There is a critical need for the international conservation and the business communities to work collaboratively to address a wide range of cross-sector sustainable development goals (SDG) issues on the global level. Building on the work of the Oil Palm Task Force and other related initiatives at IUCN, the BBPA Cross Sector Business and Conservation Science Collaboration Theme will seek to design and build the institutional support to connect business and conservation science toward more effective sustainable development impact and outcomes.
PRIORITY#3 Climate Change, Biodiversity, and Nature-based Recovery
As the international community enters the second-year anniversary of the Covid-19 health crisis, we are also entering a new phase of climate insecurity involving new and unprecedented number of floods, wildfires, and droughts. Using the U.N. “Build Back Better” framework and the Green Growth Knowledge Platform as our guides, the BBPA Climate Change, Biodiversity, and Nature-based Pandemic Recovery Theme seeks to accelerate the design and develop new models of nature-based recovery (to contrast itself from a traditional economic recovery that marginalizes social justice and environmental stewardship) from the contemporary global health and socio-economic crises.