Sally Nicholson WWF European Policy Office Brussels, April 2008 The MDGs and environmental sustainability World Bank, Global Monitoring Report, 2008 Sally Nicholson WWF European Policy Office Brussels, April 2008

Consequences of environmental degradation for human development and growth Adaptation -along with intensified efforts on mitigation Principles for adaptation finance

Environmental degradation and human development MDG7 target to halt and reverse natural resource loss: the development costs of failure Good governance responsibilities of consumer countries as well as producer countries Implementation of MEAs, role of UN institutions and processes

Adaptation and mitigation Degraded environment increases vulnerability and decreases resilience Investment in supporting need of the poorest in managing their natural resources Low carbon development: the role and responsibilities of industrialised countries

Principles for financing Polluter Pays Responding to need and aligned with country priorities Above and beyond ODA Good governance Coherent with, and supportive of, UNFCCC Added value