Investment and Finance Impacting Ecosystems: Links to Poverty, Gender, Climate and Sustainability
23rd Meeting of the Poverty Environment Partnership
Hosted by UN Environment and United Nations Development Programme at United Nations Office in Nairobi, 25–27 June 2018
The 23rd meeting of the Poverty Environment Partnership (PEP23), a network of organisations working on development and environment for the SDGs met in Nairobi to discuss investment and finance impacting ecosystems with 45 participants from six governments from Africa (Kenya, Malawi, Mauritania, Mozambique, Rwanda, Tanzania) and three governments in Asia (Indonesia, Nepal and Philippines), development agencies and civil society including the private sector. The meeting concluded that investment and finance flows impact ecosystems and poverty reduction through major schemes such as the Belt and Road Initiative, private insurance markets and public investments from budgets and international donors. Environment and climate for poor people needs to be addressed in these private and public finance flows by effective analytical work, budget tracking, safeguards for large scale investments, more finance reaching local communities, capacity building of local communities, alignment of public and private investment and actors, pro-poor insurance markets that reach poor farmers and support for small and medium scale enterprises.