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COP16 Presidency Urges Innovative Financial Solutions to Bolster Land Restoration and Combat Global Drought
Riyadh, Saudi Arabia – July 1, 2025 – The Presidency of the 16th Conference of the Parties (COP16) to the United Nations Convention to Combat Desertification (UNCCD) has issued a compelling call to action, urging nations and stakeholders worldwide to develop and implement innovative financial mechanisms to support critical land restoration efforts and address the escalating challenge of drought.
The announcement, made today by the Presidency, underscores the urgent need for robust and sustainable funding to combat desertification, land degradation, and drought (DLDD), issues that profoundly impact global food security, biodiversity, and the livelihoods of millions. The Presidency emphasized that the scale of these environmental challenges necessitates a departure from traditional funding models, calling for creativity and collaboration in securing the resources required for effective and widespread action.
The plea for innovative financing comes at a crucial juncture as countries grapple with the increasing frequency and intensity of drought events, exacerbated by climate change. Land degradation, a pervasive problem that diminishes the productivity of terrestrial ecosystems, further compounds these challenges, often leading to reduced agricultural yields, increased poverty, and displacement.
During the announcement, officials highlighted the importance of mobilizing both public and private sector resources. This includes exploring avenues such as blended finance, impact investing, green bonds, and innovative debt-for-nature swaps. The Presidency stressed that these novel approaches can unlock significant capital, enabling the implementation of large-scale land restoration projects, promoting sustainable land management practices, and building resilience against drought impacts.
Furthermore, the COP16 Presidency is keen to foster greater collaboration among governments, international organizations, financial institutions, the private sector, and civil society. By working together, the aim is to create a conducive environment for investment in land restoration and drought resilience initiatives. This collaborative spirit is seen as vital for sharing best practices, leveraging expertise, and ensuring that financial support is directed towards the most impactful and sustainable solutions.
The upcoming COP16 is anticipated to serve as a pivotal platform for these discussions, providing an opportunity for delegates to commit to concrete actions and financial arrangements. The Presidency expressed optimism that the conference will pave the way for a more secure and sustainable future, where degraded lands are revitalized and communities are better equipped to withstand the devastating effects of drought. The commitment to finding innovative financial solutions is a testament to the growing global recognition of the critical importance of healthy land for the well-being of both people and the planet.
رئاسة (COP16) تدعو لإيجاد حلولٍ تمويلية مبتكرة لدعم جهود استعادة الأراضي ومواجهة الجفاف حول العالم
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mewa.gov.sa published ‘رئاسة (COP16) تدعو لإيجاد حلولٍ تمويلية مبتكرة لدعم جهود استعادة الأراضي ومواجهة الجفاف حول العالم’ at 2025-07-01 00:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.