Oct 17 2024
COP16 Lands in Colombia and Palladium is Ready to Meet it

As the world looks ahead to COP16, set to take place later this month in Cali, Colombia, global attention turns to the urgent need for biodiversity preservation and the Latin American country’s role in it. This year’s summit will focus on the implementation of the 10-year Global Biodiversity Framework, a comprehensive strategy aimed at halting biodiversity loss and fostering a “nature-positive future.”

Central to this initiative is the goal of protecting 30% of the planet’s land and marine ecosystems by 2030.

In a new report, Palladium’s team in Colombia highlights their work across the country over the past decade, exploring Colombia’s pivotal role in global biodiversity conservation ahead of COP16. The report delves into how Colombia, one of the most biodiverse countries in the world, is positioning itself as a leader in sustainable development and environmental preservation.

Drawing on key examples from Palladium’s extensive partnerships and on-the-ground initiatives, the report highlights how the team in Colombia is leveraging the country’s natural resources through innovative approaches, such as the development of habitat banks and biodiversity credits. These programs, supported by Partnerships for Forests, have contributed to mobilising over £8.7 million and brought nearly 100,000 hectares of forest under improved management globally.

The report also underscores the importance of public-private partnerships in driving these efforts, particularly in fostering a bioeconomy—economic activities based on sustainable biological resources. From financial inclusion programs for smallholder farmers to climate-smart agriculture, the report outlines Colombia’s path toward sustainable growth while preserving critical ecosystems.

As COP16 approaches, Palladium’s teams and biodiversity work across the country continue to highlight Colombia’s progress but also advocates for increased collaboration to meet the ambitious goals of the Global Biodiversity Framework.


Read the report or contact info@thepalladiumgroup.com for more information.