In collaboration with the Green Finance Institute (GFI) and the Department for Environment, Food & Rural Affairs (Defra), this breakout session will foster a rich conversation on how businesses are considering their climate and nature risks, and the challenges they face when seeking to invest to mitigate these risks.

The aim of the session is to share learnings, and consider several solutions, including Nature Positive Transition Pathways, the role of nature markets such as carbon and BNG, and the role of regional aggregation co-investment models. Through discussion, we will explore whether there are clear steps policymakers, businesses, and the finance sector can take together, and how we can move collectively beyond risk analysis and disclosures, and into investment.

The session will feature a short presentation to set the scene on key policies and government initiatives that are seeking to unlock private sector investment into nature, before moving to discussion and shared experiences.

Within the discussion, we will tackle:

• To what extent are companies aware of their nature/climate risks? (at an operational level, regional level, supply chain/sourcing level)
• What are the key risks that are driving business action? (e.g., flood, water shortage, GHG emission reduction, pollution)
• How are companies seeking to then a) invest to mitigate those risks and b) reduce impacts? (through market mechanisms like carbon credits, paying land managers to make changes, working with suppliers, etc.)
• What challenges are they facing when looking to invest? (e.g., unable to provide business case, risk committee challenges, free rider issues, lack of project delivery pipeline, or unsupportive policies)
• What are the obvious solutions we see?
• How can policymakers, the finance sector, and the business sector each play a supportive role?

*Please note this side event takes place in parallel to the plenary sessions.*