Biodiversity financing summit slated for Georgetown from October 30-31

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Guyana will host more than 140 representatives at the second Global Biodiversity Alliance Summit and Financing Forum on Oct. 30 and 31, with talks aimed at turning broad conservation commitments into workable financing mechanisms.

The meeting is scheduled for the Arthur Chung Conference Centre under the theme “Investing in Nature: From Global Commitments to Practical Action.” Participants are expected from governments, communities and organisations.

President Irfaan Ali said Tuesday that the next phase of the alliance was to develop a financial framework that recognises the value of biodiversity while allowing countries to pursue economic development. Department of Public Information, Guyana

The alliance’s website lists 141 members across governments and organisations as of October. That membership figure is different from the government’s expected attendance of more than 140 representatives at the Georgetown meeting.

Guyana launched the alliance at its first summit in July 2025. The Georgetown Declaration established it as an open, adaptive and non-binding platform for voluntary action, rather than a treaty imposing legal obligations on its members.

The declaration identifies financing as one of the central barriers to conservation. It lists possible tools including biodiversity credits, green bonds, debt-for-nature swaps, payments for ecosystem services and investment taxonomies tied to measurable conservation outcomes. globalbiodiversityalliance.org

Those instruments are options for discussion, not products already agreed at the alliance level. Each would require rules for measurement, verification, ownership, permanence, community participation and the treatment of benefits and risks.

The alliance says its mission includes supporting the Kunming-Montreal Global Biodiversity Framework, sharing knowledge and mobilising finance. Its secretariat is hosted in the Office of the President in Georgetown.

Its membership has continued to expand. The Global Green Growth Institute formally joined in August, pledging technical and policy support for biodiversity and nature-positive development.

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