Statement by Management on the annual report
Identifikation af den godkendte årsrapport:The Board of Directors and the Executive Board have today considered and approved the annual report of Fonden World Climate Foundation for the financial year 01. 01. 2022 - 31. 12. 2022.
Management's review
Beskrivelse af virksomhedens væsentligste aktiviteter:Primary activities
Overview
The World Climate Foundation is a foundation registered in Denmark. The Foundation is engaged in developing international, not-for-profit impact platforms for large-scale collaboration between government, business, finance and civil society to help solve evolving environmental crises.
The Foundation's efforts are funded by donations from relevant institutions, funding through work on various public programmes and revenues from strategic partnerships and memberships. In 2022, funding came primarily from the following sources: international corporations, European philanthropic funds, and Nordic government entities. The Foundation is managed by an independent board.
Activities
In 2022, the World Climate Foundation continued its effort to facilitate the transition to a net-zero and nature-positive economy in line with the Paris Agreement on Climate Change and the UN Sustainable Development Goals through cross-sector dialogue, inspirational partnerships and investments in climate solutions. With the Roadmap to COP27 in Sharm-el-Sheikh, Egypt, the World Climate Foundation brought together leaders from across the globe for collaborative efforts throughout the year.
In 2022, the World Climate Foundation took a strategic approach to developing high-level networks, aimed at addressing and driving action and solutions in the three key environmental problems we are facing today: climate, biodiversity and health.
• World Climate Network
In 2022, the World Climate Foundation outlined its key climate activities under the World Climate Network, aiming to bring together a long-standing group of influential high-level decision-makers focusing on reaching net-zero before 2050, a swift transition to a new climate economy and implementing the Paris Agreement. Through this platform, the World Climate Foundation provides a platform for multi-sector stakeholders to build alliances and develop ambition loops for climate. The culmination of the Climate Network’s activities resulted in the 13th edition of the World Climate Summit – The Investment COP, which took place on 13-14 November in Sharm-el-Sheikh, alongside COP27. Over the two-day event, we welcomed over 5500 registered delegates, 124 high-level speakers and 67 influential partners. A large group of ambitious and solutions-centered leaders from across the world, including pioneering policy and business leaders, provided real-world examples of how to drive the green transition not just by 2050 but by 2030, taking further and faster action.
• World Biodiversity Network
In 2021, the World Climate Foundation launched the World Biodiversity Network, which aims to tackle biodiversity loss and climate change, by facilitating cross-sectoral collaboration to spur investment in Nature-Based Solutions to close the nature finance gap. The Network gathers public and private sector stakeholders from across the globe, serving as a catalyst for the necessary dialogue, partnerships, solutions, and investments to tackle biodiversity loss, facilitate ecosystem restoration, and set the world on track to achieve the 2050 Vision for Biodiversity. Through the World Biodiversity Network and Summit, we want to build resilient partnerships and bold investments to tackle the twin crises of biodiversity loss and climate change.
Some of the key activities being developed and underway through the World Biodiversity Network and alongside key public and private sector partners include global partnership and coalition-building, community engagement led through our key convenings, strategic insights to support our members progress in their nature-positive transition and large-scale convenings to mobilise announcements and present best practices.
In 2022, we held part 1 of the World Biodiversity Summit on 21 September in New York, alongside New York Climate Week and the UN General Assembly. Part 2 of the Biodiversity Summit was held at World Climate Summit, on 13-14 November in Sharm-el-Sheikh, alongside COP27 and part 3 was held on 11 December alongside UNCBD COP15 in Montreal. The three parts of World Biodiversity Summit helped build momentum for ‘a Paris moment’ for nature, ahead of the pivotal new Global Biodiversity Framework’s finalisation at the UNCBD COP15. The Summits took a future-oriented approach to drive Nature-Based Solutions and innovations that can halt biodiversity loss and degradation, bringing public and private sector together to bridge the global biodiversity and climate agendas.
• World Resilience Network
In 2022, the World Climate Foundation worked on the development of its World Resilience Network, established as a response to the existing shortfalls in pandemic prevention. The current pandemic has further highlighted the interconnectivity of the environment and human health in the context of One Health and climate change. To prevent future pandemics, we need to address environment and human health solutions more broadly in the context of pandemic prevention. The Network will establish a public-private dialogue to add solutions within prevention, preparedness and risk management measures. The Summit will further define the role of public-private partnerships in pandemic prevention and in the pandemic treaty. This complementing and public-private partnership approach is critical under the One Health approach and a necessary add-on to pandemic prevention.
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