A Roadmap for Species Conservation within GBF

The Kunming-Montreal Global Biodiversity Framework (GBF) was adopted at the fifteenth meeting of the Conference of the Parties (COP 15) to the Convention on Biological Diversity in December 2022 after a four-year process of consultation and negotiations.

The Global Species Action Plan (GSAP) has been developed to support implementation of the GBF by setting out the key strategic interventions and actions required to achieve successful outcomes for the conservation and sustainable use of species for each of the GBF Target.

Reducing threats to biodiversity

Meeting people’s needs through sustainable use and benefit-sharing

Tools and solutions for implementation and mainstreaming

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Target 19

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 actions2 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.