G20 Global Land Initiative

Side Events

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The restoration economy’s influence on various ecological landscapes - Success stories and lessons learned

October 28, 2024

5 December 2024
16:30 - 18:00

2 hours

Side events

Blue Zone – Restoration Pavilion


The panel will explore the groundbreaking power of the restoration economy—a new frontier that harnesses innovation and financial might to heal ecosystems and revitalize communities worldwide. This dynamic sector is redefining what's possible by blending ecological restoration with economic gain, sparking multi-ecosystem projects like reforestation, wetland restoration, and grassland revitalization. Not only does this work create jobs and enhance biodiversity, but it also fights climate change and boosts ecosystem services vital for society. For the restoration economy to reach its full transformative potential, sustainable business models are crucial. Public-private partnerships, long-term funding strategies, strong community engagement, adaptive management, and supportive policies all play essential roles in driving lasting change. However, this burgeoning field faces real challenges, from funding gaps and fragmented regulations to limited technical expertise and data monitoring issues. By addressing these bottlenecks, the restoration economy can truly align environmental and economic goals, shaping a resilient, sustainable future for us all.

Moderator

Dennis Pulimittathu

Dennis Pulimittathu

Speakers

Alexey V. Alekseenko Wayne Frederick Truter Chris Armitage
Sidi Mohamed Kaem Alexey V. Alekseenko Wayne Truter Chris Armitage