The Latin American Conservation Council (LACC) defines exponential Nature-Based Solutions agenda for post COVID Green Recovery
- Council Members discuss the 2030 LACC agenda with focus on
i) institutionalizing the value of nature into policy frameworks, finance budgets and low-carbon incentives; and
ii) accelerating the adoption of Nature-Based-Solutions into industry practices across key value chains and with key trade partners to align market pull for a green recovery and beyond.
- Three new members are appointed to support the Council in forging new collaborations for creative, bold and scalable solutions for Latin America´s iconic places like the Amazon and the Maya Forest and Mesoamerican Reef.
LACC members are promoting an accelerated agenda to scale up nature-based solutions in key Latin American ecosystems like the Amazon Tropical Forest.
Sao Paulo, November 6, 2020. – The unprecedented group of global leaders is meeting virtually this November during its 10th annual edition to tackle the biggest and most important environmental challenges we face in Latin America and to agree on opportunities to invest in nature as a driver for rebooting regional economies, particularly Amazonian nations, in light of a post-Covid-19 recovery plan, underlying biodiversity, climate and social crises linked to the current economic model.
The Latin America Conservation Council (LACC) together with the global environmental organization The Nature Conservancy (TNC) have long discussed the importance of advocacy to reform harmful subsidies and unlock green finance. “Financing to conserve biodiversity has tripled from 2012 to 2019 (to approximately $133 billion per year), but this effort is eclipsed by a four-fold investment in harmful agricultural, forestry, and fisheries subsidies that degrade nature. Redirecting these payments offers the single greatest revenue stream to incentivize the regenerative, nature-based solutions that would protect, restore, and promote the responsible use of nature, while also mitigating climate change and improving food and water security”, says Santiago Gowland, TNC EVP for Latin America and managing director for the LACC. TNC’s “Financing Nature” study, in collaboration with the Paulson Institute and Cornell’s Atkinson Center for Sustainability, identified green finance pathways to reboot Latin American economies, in a context where GDP/Debt ratios are contracting the finance space and countries need capital injections to fuel recovery.
The LACC is also hosting sessions on Sustainable Beef, the Bioeconomy and Biodiversity, important focus to stop and reverse habitat loss in the Amazon by promoting regenerative and restorative alternatives. “Business leadership, to advocate for a market transformation agenda is fundamental to our 2030 goals. Compliance and mitigation is not enough. Aligning market dynamics to restoration and reforestation is urgent” says Santiago Gowland. The sessions explore the central role that sustainable food production and the bioeconomy can play in preventing the Amazon tipping point by securing deforestation/conversion-free (DCF) supply chains and local community development pathways through valuing nature as an asset.
Broad based collaboration to align policy incentives and subsidies, as well as industry practices towards regenerative, restorative economies is at the heart of delivering biodiversity and climate international commitments as well as meeting 2030 SDG goals. TNC is broadening the tent of the LACC to invite all relevant players at jurisdictional levels with the power to close the policy and finance gap required to deliver the 2030 agenda. Doubling down on advocacy, access to Nature-Based Solutions knowledge and green finance are the specific capabilities the LACC is addressing to be strengthened via “Systemic Hubs”, along with unprecedented, integrated collective action to jumpstart progress on the 2030 agenda, optimizing outcomes and the return on capital employed.
Newly appointed members bring wide-ranging global conservation, academic, and management experience to the Council.
The LACC announced the recent appointments of Jennifer Morris, Thomas Lovejoy, and Erik Fyrwald as new members of the Council. “As the LACC continues our mission to tackle some of the world’s biggest environmental challenges in Latin America with systemic, scientifically-based, and scalable solutions, we need bold and strategic thinkers like Jennifer, Thomas, and Erik to help us accomplish our goals”, mentioned Sergio Rial, LACC’s co-Chair and CEO of Santander Brasil. “Our new board members bring diverse backgrounds and global thinking to these roles. Their expertise—alongside the expertise of our current Council members—will strengthen our efforts to make a lasting, positive difference in the region and around the world.”
Jennifer Morris is CEO of The Nature Conservancy since May 2020. Before joining TNC, Jennifer worked for Conservation International for more than twenty years, serving in a number of leadership roles, including Chief Operating Officer, before being named president of the organization in 2017. Across her various roles, she led Conservation International’s work with corporations, headed its Ecosystem Finance Division, and developed programs and partnerships with groups ranging from indigenous communities to global corporation to multilateral finance institutions. Prior to joining Conservation International, Jennifer was a business development consultant with Women’s World Banking.
Thomas Lovejoy is an accomplished conservation and tropical biologist who serves as a Senior Fellow of the United Nations Foundation where he advises Foundation leaders on biodiversity and environmental science. From 1973 to 1987, Tom directed the World Wildlife Fund-US program and was responsible for its scientific, Western Hemisphere, and tropical forest orientation. From 1985 to 1987, he served as the Fund’s executive vice president. His experience since then include serving as President of the Heinz Center for Science, Economics, and the Environment from 2002-2008, and as the Biodiversity Chair of the Heinz Center from 2008-2013. He has also served on science and environmental councils under the Reagan, Bush, and Clinton administrations in addition to serving as the World Bank’s Chief Biodiversity Advisor and Lead Specialist for Environment for Latin America and the Caribbean. He earned his B.S. and Ph.D. degrees from Yale University.
Erik Fyrwald is CEO of Syngenta and Chairman of the Syngenta Foundation for Sustainable Agriculture. Erik was previously President and Chief Executive Officer of Univar, a leading distributor of chemistry and related services (2012–2016); President of Ecolab, a cleaning and sanitation, water treatment, and oil and gas products and services provider (2011–2012); and Chairman, President and Chief Executive Officer of Nalco, a water treatment and oil and gas products and services company (2008–2011). He was Group Vice President of the Agriculture and Nutrition Division of the DuPont Company (2003–2008). He holds a Bachelor’s Degree in Chemical Engineering from the University of Delaware and completed the Advanced Management Program at Harvard Business School.
The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world's toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at an unprecedented scale, providing food and water sustainably and helping make cities more sustainable. Working in 76 countries and territories: 37 by direct conservation impact and 39 through partners, we use a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit www.nature.org or follow @nature_press on Twitter.
About the Latin America Conservation Council
The Latin America Conservation Council (LACC) is a group of global leaders working with The Nature Conservancy in Latin America’s most iconic places to protect biodiversity, tackle climate change, and provide food and water sustainably. The LACC was formed in 2011 to work with public and private leaders to help conserve the region's "natural capital" – its healthy rivers, forests, and seas – by prototyping and promoting innovative, nature-based solutions that contribute to integrating conservation with development. Learn more at www.nature.org/lacc