del Cauca department, Colombia, on October 10, 2024. The 2024 United Nations Biodiversity Conference of the Parties to the UN Convention on Biological Diversity will be held in Cali, Colombia, from October 21 to November 1, 2024. The headlines about amazing initiatives to protect and restore nature created a buzz around New York Climate Week. Yet, most of these transactions are single hero investments.
At Climate Week NYC in September, we brought together NGOs, bankers, investment managers, asset owners and insurance companies to understand ways to solve this puzzle. We started with examples of how insurance can be used to create cashflows for investment into nature.. The country boasts a diverse marine ecosystem that is crucial for coastal communities, offering benefits such as fisheries, tourism, and cultural and coastal protection.