From April 15 to 19, 2024, CIRAD is organizing a training course on economic and financial instruments for climate and biodiversity in Montpellier.
There are many instruments that countries can use and combine to design and implement their environmental policies. These include carbon offsetting mechanisms, biodiversity offsetting schemes, ecological taxation, REDD+ processes, payments for environmental services, certification schemes and various financial instruments such as green bonds and loans or trust funds, which since the Paris Agreement (2015) and the Global Framework for Biodiversity (2022) have found coherence in a trend towards reform and greening of the financial system involving private players. The aim of this training course is to provide participants with the keys to understanding these instruments and mechanisms, their raison d'être, the conditions for their effectiveness, countries' experiences in implementing them, the risks and possible perverse effects, and, finally, the possibilities for combining them as part of public policy mixes.
The aim of this training course is to enable participants to understand how these often-publicized but little-known instruments work, to identify the relevant context(s) for their implementation, to consider the synergies but also the incompatibilities in their implementation, and to design public policies based on the use of some of these instruments.