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:
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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
