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00:58Untertitelung des ZDF für funk, 2017
01:00The host country Mongolia and the United Nations have appealed to 197 delegations gathered here in Ulan Bator to use
01:07more than 400 scheduled events to find really tangible solutions for land degradation because recent wildfires and heatwaves around the
01:15world show us that the climate change is accelerating.
01:17COP 17 set sights on action plans for land restoration and finding funds to support them but also raising awareness
01:24that many acute problems like migrations are actually the result of land degradation.
01:29Once land is degraded you will not be able to plant and you will have both food and water security
01:36but you will have also migration and displacement.
01:39So here the people are not given the choice whether they're moving from their land yes or no but they
01:45don't have what to sustain their livelihood and what to make it resilient.
01:48The convention estimates that inaction on land costs the world almost 900 billion dollars a year while investment in healthy
01:56land could generate up to 1.8 trillion through food production, water provision and carbon storing.
02:02Yet the investment so far remains modest.
02:05And if you look at how much money goes into artificial intelligence for that matter, it is the same amount
02:11that goes into climate financing, $2 trillion a year.
02:15But when you double click on climate financing, less than 3% goes to land and water.
02:22It is way underinvested.
02:24And here this white paper actually puts forward the reasons why businesses can actually invest into soil and water.
02:31But you bring returns, every dollar invested into soil will give you at least $4 to $30 in exchange.
02:37The Ministerial Dialogue on Innovative Financial Mechanisms brought together some of the large financial institutions such as the World Bank
02:45Group, Development Banks of Asia, Africa, the Islamic World, European Investment Bank, GEF and the Climate Fund.
02:52They announced $1.3 billion of financing for land restoration and drought resilience across 23 countries on five continents.
03:01Several countries, including host Mongolia, announced new platforms for attracting private investment into land.
03:07One billion tree plantation initiative has been done by Mongolian president and it is really successfully going on.
03:16Offering all these corporates and companies that you can invest like 1% of your taxable income for these range
03:25lands or the green transition, you know, for the countries.
03:29And you can decide and you can implement the project by yourself, not involved from the government.
03:35Even if COPs, including this one, fall short of reaching a legally binding global plans, they are considered to be
03:41successful as they bring countries to present national agendas and make pledges.
03:46In Riyadh, we have 35 initiatives under the Riyadh Action Agenda.
03:50And we continued after that in 2025, in 2026, and we came here to Mongolia.
03:56And now we have 200, or to be exact, 198 initiatives under the Riyadh Action Agenda.
04:04During 12 days in Ulaanbaatar, alliances were forged, like the one between China and the League of Arab States, who
04:11made a joint five-year plan of cooperation to restore land.
04:15Countries shared experience in fighting desertification.
04:34In the green zone of COP17, open to the general public, policy met real life.
04:44The people could come, meet experts, scientists, scholars, city planners, even school projects, and learn how desertification influences their lives.
04:53Also, get a glimpse of Mongolian rich culture and tradition.
