One Planet Lab: Activities 2021

The world has just gone through a massive and unprecedented crisis: a global health crisis whose social and economic consequences are far from behind us. At the same time, our societies are not yet adapted to the current global change in our environment. Yet there are many warning signs: the latest IPCC report and the recent UN Emissions Report 2021 show that we are on track for a catastrophic global temperature increase of around 2.7 degrees Celsius. Awareness has never been so strong and yet the efforts are not matching the needs.

Increasing collective mobilization and strengthening the dynamic of collaboration between public, private and citizen actors is thus at the heart of the reflection carried out this year within the framework of the One Planet Lab. Its experts and actors are thus committed to the following areas of work:

Collaborating on Carbon Pricing: Challenges and Steps to Decarbonize Our Economies

Consistency between the carbon neutrality policies and strategies implemented at the national level is a key element in meeting the overall ambition to reduce emissions, and in particular that of carbon pricing policies. Objectively redefining the terms of the debate, the geopolitical and technical issues as well as the appropriate instruments are part of the objectives of this work.

Unleash the potential of blended finance

The financing of the ecological transition must be based on a joint effort between public and private partners. For several years, many institutional and private actors have highlighted the potential of mixed financing to accelerate investments in favor of the climate, biodiversity or development without defining the guidelines. The work of the Lab thus aims to provide a framework for legitimate action to mobilize public funding for these purposes.

Find the presentation of the report of the Lab's work and the full report.

Financing the agro-ecological transition

As the agri-food sector is one of the main sectors having an impact on biodiversity and the climate, it is also dependent on it and a source of solutions to combat climate change and the loss of biodiversity. At the heart of the convergence of the climate & biodiversity agendas, a massive and rapid change is conditioned by the mobilization of the financing, in particular private, necessary to support companies and farmers in their transition. This work will aim to identify existing mechanisms and create to initiate a transition on a larger scale.

Developing the circular economy internationally

Awareness of the limits of current consumption models has never been so important in society. Although the circular economy is one of the keys to the transformation needed in all sectors, it remains only at the conceptual stage in international action on the environment. This work seizes the opportunity to rethink the value chain and identify areas for improvement for a higher level of traceability.

One Planet Lab 2022

The lack of adequate financial resources is widely recognized as one of the reasons for the failure to achieve the previous global biodiversity targets, known as the Aichi targets. Within the overarching imperative to align all financial flows with biodiversity objectives, there is a need to explore how innovative mechanisms could deliver nature-positive outcomes and bridge the biodiversity finance gap at scale. As policies and global targets shift from no-net-biodiversity loss to nature positivity, new types of mechanisms must be explored to connect the surge in corporate interest in biodiversity with field-based conservation to unlock much needed finance for nature.

In partnership with the One Planet Lab, the Global Environment Facility (GEF) is leading the establishment and coordination of a high-level Working Group on innovative mechanisms towards nature-positive outcomes to address the biodiversity financing needs, as announced in the communique issued by President Macron the 7th of November at the COP 27 in Sharm El-Sheikh.

The aim of the Working Group is to explore the potential for schemes such as carbon credits with a high environment impact and new biodiversity credits or certificates, to identify barriers to be addressed for their development, integrity and scaling up, and to make recommendations on how such innovative mechanisms can deliver both climate and nature-positive outcomes, while bridging the finance gap. The group should in particular review and benchmark the different metrics and frameworks for measurement and reporting on nature impact and their potential for solid and independent verification and certification, without which they would not meet expectations.  

 

Working Group Members 

Guarantors

- Mr. Bertrand Badré, Managing Director of Blue Like on Orange Sustainable

- Ms. Sylvie Goulard, Deputy Governor of the Bank of France

- Mr. Paul Polman, Co-founder of Imagine

- Mr. Nick Stern, Professor at LSE

Members

- Mr. Masood Ahmed, President of CGDev

- Mr. Amar Bhattachary, Researcher at the Brookings Institute

- Mr. Patrick Bolton, Professor at Columbia University 

- Mr. Thomas Buberl, CEO of AXA

- Ms. Barbara Buchner, Executive Director of the Climate Policy Initiative

- Mr. Pascal Canfin, President of the European Parliament's Environment Committee

- Mr. Mark Carney, Special Envoy for Climate and Finance of the United Nations Secretary General

- Mr. Christian Deseglise, Head of Sustainable Finance at HSBC global banking and markets

- Ms. Kristalina Georgiva, Executive Director of the International Monetary Fund

- Mr. Yannick Glemarec, Executive Director of the Green Climate Fund (GCF)

- Mr. Roldolfo Lacy, Director of Environment at the Organisation for Economic Co-operation and Development (OECD)

- Ms. Ellen MacArthur, Director of the Ellen MacArthur Foundation

- Mr. Ajay Mathur, Director of The Energy and Resources Institute (TERI)

- Mr. Hiro Mizuno, Board of the Principles for Responsible Investment

- Mr. Jérémy Oppenheim, Director of SYSTEMIQ

- Ms. Mari Pangestu, Director of Global Affairs, World Bank

- Mr. Bertrand Piccard, CEO of Solar Impulse Foundation

- Mr. François-Henri Pinault, CEO of Kering

- Ms. Patrica Ricard, President of the Paul Ricard Foundation 

- Mr. Rémy Rioux, Director General of the French Development Agency (AFD)

- Mr. Frédéric Samama, Head of Amundi Asset Management 

- Ms. Mary Shapiro, Secretariat of the Task Force on Climate-Related Financial Disclosures (TCFD) 

- Mr. Joseph Stiglitz, Professor at Columbia University

- Mr. Pavan Sukhdev, President of WWF International

- Ms. Laurence Tubiana, Executive Director of the European Climate Foundation (ECF)

- Ms. Antha Williams, Head of the Environment Program at Bloomberg Philanthropies

- Mr. Durwood Zaeckle, President of the Institute for Governance & Sustainable Development (IGSD)

- Mr. Philippe Zaouati, CEO of MIROVA