On October 27, 2026, a high-level event titled "From Principles to International Cooperation: Mobilizing Biodiversity Financing through High-Quality Nature Credits" took place in Yerevan. European Commission Commissioner Jessica Roswall addressed the gathered audience. Among the participants were high-ranking representatives, ministers from various countries, Executive Secretary Esther Shomacker, and other invited guests. In her remarks, Roswall emphasized the importance of transitioning from general principles to concrete mechanisms for international cooperation in biodiversity conservation financing. Special attention was given to the topic of nature credits—a financial instrument that allows attracting funds for ecosystem conservation and biodiversity preservation projects, provided that high standards of quality and transparency of such mechanisms are maintained. The event brought together representatives from various countries and international organizations interested in developing sustainable financing schemes for nature conservation activities. Discussion of nature credits is gaining increasing relevance against the backdrop of global efforts to combat biodiversity loss and the need to attract additional financial resources from both private and public sectors. Commissioner Roswall's speech was part of a broader discussion on how the international community can more effectively coordinate efforts to finance nature conservation initiatives while ensuring the reliability and credibility of the financial instruments used.