Financing biodiversity: EU launches "Friends of Credits for Nature and Biodiversity" at COP17

News Tank Transitions - Brussels - News #458711 - Published on 28/10/26 at 13:00
©  Karen Minasyan
Jessika Roswall during the launch of the “Friends of Credits for Nature and Biodiversity” initiative - ©  Karen Minasyan

The EU launched ‘Friends of Credits for Nature and Biodiversity’, an informal government-led initiative “to build international support for nature credits and strengthen cooperation on biodiversity finance,” at COP17 on 27 October 2026.

This initiative was presented by Jessika Roswall, Commissioner for Environment, Water Resilience and a Competitive Circular Economy, during the high-level event on Nature Credits, co-hosted by Peru and France. The initiative will “provide a platform for governments to cooperate internationally to foster credible investment that protects and preserves nature”, she declared.

The aim of this initiative is to support the achievement of the Kunming-Montreal Global Biodiversity Framework (GBF) goals and targets, which requires “adequate funding from public…

©  Karen Minasyan
Jessika Roswall during the launch of the “Friends of Credits for Nature and Biodiversity” initiative - ©  Karen Minasyan

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