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TARGET 19. Mobilize $200 Billion per Year for Biodiversity From all Sources, Including $30 Billion Through International Finance

TARGET 19. Mobilize $200 Billion per Year for Biodiversity From all Sources, Including $30 Billion Through International Finance

Substantially and progressively increase the level of financial resources from all sources, in an effective, timely and easily accessible manner, including domestic, international, public and private resources, in accordance with Article 20 of the Convention, to implement national biodiversity strategies and action plans, by 2030 mobilizing at least 200 billion United States dollars per year, including by:

(a) Increasing total biodiversity related international financial resources from developed countries, including official development assistance, and from countries that voluntarily assume obligations of developed country Parties, to developing countries, in particular the least developed countries and small island developing States, as well as countries with economies in transition, to at least US$ 20 billion per year by 2025, and to at least US$ 30 billion per year by 2030;

(b) Significantly increasing domestic resource mobilization, facilitated by the preparation and implementation of national biodiversity finance plans or similar instruments according to national needs, priorities and circumstances;

(c) Leveraging private finance, promoting blended finance, implementing strategies for raising new and additional resources, and encouraging the private sector to invest in biodiversity, including through impact funds and other instruments;

(d) Stimulating innovative schemes such as payment for ecosystem services, green bonds, biodiversity offsets and credits, benefit-sharing mechanisms, with environmental and social safeguards;

(e) Optimizing co-benefits and synergies of finance targeting the biodiversity and climate crises;

(f) Enhancing the role of collective actions, including by indigenous peoples and local communities, Mother Earth centric actions* and non-market-based approaches including community based natural resource management and civil society cooperation and solidarity aimed at the conservation of biodiversity;

(g) Enhancing the effectiveness, efficiency and transparency of resource provision and use.

* Mother Earth Centric Actions: Ecocentric and rights based approach enabling the implementation of actions towards harmonic and complementary relationships between peoples and nature, promoting the continuity of all living beings and their communities and ensuring the non-commodification of environmental functions of Mother Earth.

Indicators

Headline indicators:

  • D.1 International public funding, including official development assistance (ODA) for conservation and sustainable use of biodiversity and ecosystems
  • D.2 Domestic public funding on conservation and sustainable use of biodiversity and ecosystems
  • D.3 Private funding (domestic and international) on conservation and sustainable use of biodiversity and ecosystems*

Component indicator:

  • -

Complementary indicators:

  • Foreign direct investment, official development assistance and South-South cooperation
  • Amount and composition of biodiversity-related finance reported to the OECD Creditor reporting system
  • Dollar value of financial and technical assistance (including through North-South, South-South and triangular cooperation) committed to developing countries
  • Dollar value of all resources made available to strengthen statistical capacity in developing countries
  • Amount of biodiversity-related philanthropic funding
  • Proportion of total research budget allocated to research in the field of marine technology
  • Total amount of approved funding for developing countries to promote the development, transfer, dissemination and diffusion of environmentally sound technologies
  • Number of countries (and number of instruments) with payments for ecosystem services (PES) programmes
  • Number of countries that have (a) assessed values of biodiversity in accordance with the Convention, (b) identified and reported funding needs, gaps and priorities, (c) developed national financial plans for biodiversity, (d) been provided with the necessary funding and capacity-building to undertake the above activities

Mapping with The UNCCD 2018–2030 Strategic Framework

Strategic objective 5: Resources & partnerships

To mobilize substantial and additional financial and non-financial resources to support the implementation of the Convention by building effective partnerships at global and national level

Indicators

UNCCD indicators:

  • SO 5-1 Bilateral and multilateral public resources
  • SO 5-2 Domestic public resources
  • SO 5-3 International and domestic private resources
  • SO 5-4 Technology transfer
  • SO 5-5 Future support for activities related to the implementation of the Convention

SDG indicators:

  • 17.1.1 Total government revenue as a proportion of GDP, by source; 
  • 17.1.2 Proportion of domestic budget funded by domestic taxes
  • 17.2.1 Net official development assistance, total and to least developed countries, as a proportion of the Organization for Economic Cooperation and Development (OECD) Development Assistance Committee donors’ gross national income (GNI).
  • 17.3.1 Additional financial resources mobilized for developing countries from multiple sources
  • 17.7.1 Total amount of funding for developing countries to promote the development, transfer, dissemination and diffusion of environmentally sound technologies

CBD indicators:

  • D.1 International public funding, including official development assistance (ODA) for conservation and sustainable use of biodiversity and ecosystems
  • D.2 Domestic public funding on conservation and sustainable use of biodiversity and ecosystems
  • D.3 Private funding (domestic and international) on conservation and sustainable use of biodiversity and ecosystems
  • 3.1 Coverage of protected areas and other effective area-based conservation measures
  • Protected area coverage of Key Biodiversity Areas (Component indicator under target 3)
  • Proportion of terrestrial, freshwater and marine ecological regions that are conserved by protected areas or other effective area-based conservation measures (Complementary indicator under target 3 and 5)

Mapping with Sustainable Development Goals

SDG Target 1.a

Ensure significant mobilization of resources from a variety of sources, including through enhanced development cooperation, in order to provide adequate and predictable means for developing countries, in particular least developed countries, to implement programmes and policies to end poverty in all its dimensions

SDG Target 10.b

Encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest, in particular least developed countries, African countries, small island developing States and landlocked developing countries, in accordance with their national plans and programmes

SDG Target 15.6

Promote fair and equitable sharing of the benefits arising from the utilization of genetic resources and promote appropriate access to such resources, as internationally agreed

SDG Target 15.b

Mobilize significant resources from all sources and at all levels to finance sustainable forest management and provide adequate incentives to developing countries to advance such management, including for conservation and reforestation

SDG Target 17.3

Mobilize additional financial resources for developing countries from multiple sources

Mapping with SAMARKAND STRATEGIC PLAN FOR MIGRATORY SPECIES 2024-2032

Target 4.3. By 2029, Parties have mobilized or secured resources to implement the Convention, its Resolutions and Decisions.

Explanation: There are sufficient resources available to implement the actions contained in CMS, its Resolutions and Decisions and associated guidance. This includes identifying and agreeing an estimation of the costs associated with developing, implementing and monitoring new CMS instruments and initiatives, so as to ensure their cost-effectiveness and long-term viability.

Mapping with 4th Ramsar Strategic Plan 2016-2024

Ramsar Target 17

Financial and other resources for effectively implementing the 4th Ramsar Strategic Plan 2016 – 2024 from all sources are made available.

Baseline
  • 21% of Contracting Parties have provided additional financial support through voluntary contributions to non-core funded Convention activities. (National Reports to COP12).
  • 40% of Contracting Parties have received funding support from development assistance agencies for national wetlands conservation and management. (National Reports to COP12).
Indicator
  • % of Contracting Parties that have provided additional financial support through voluntary contributions to non-core funded Convention activities. (National Reports to COP12).
  • % of Parties that have received funding support from development assistance agencies for national wetlands conservation and management. (Data source: National Reports).

Possible further indicators that may be developed

  • {Indicator(s) related to flows of financing related to different aspects of Strategic Plan implementation}.

Mapping with CBD - Aichi Targets

Aichi Target 20

By 2020, at the latest, the mobilization of financial resources for effectively implementing the Strategic Plan for Biodiversity 2011-2020 from all sources, and in accordance with the consolidated and agreed process in the Strategy for Resource Mobilization, should increase substantially from the current levels. This target will be subject to changes contingent to resource needs assessments to be developed and reported by Parties.