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 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.
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.
Rationale
GSAP
Achieving all the needs of species conservation requires a massive increase in funding, capacity building, and transfer of knowledge and technology to all countries.
Actions
19.1. Scale up funding from all sources, including redirected subsidies, to implement the actions outlined in the GSAP.
19.2. Develop innovative financing mechanisms to support the species conservation.
Primary tools and resources
Rufford Small Grants
The Rufford Foundation provides funding for nature conservation projects in developing countries. Grants start at £6,000 and increase to £15,000 for projects that successfully complete each stage. To be eligible, species must be considered threatened. Applicants
should be in the early stages of their conservation career.
UNDP BIOFIN Initiative
BIOFIN was initiated ten years ago at CBD COP 11 by the United Nations Development Program (UNDP) and the European Commission in response to the urgent global need to divert more finance from all possible sources towards global and national biodiversity goals.
BIOFIN demonstrates how nature-positive economies can work for people and the planet.
Now present in 40 countries, BIOFIN is working with governments, civil-society, vulnerable communities, and the private sector to catalyse investments in nature protect and promote biodiversity. The BIOFIN Report: How Can Biodiversity Finance Plans Support NBSAPs?
assists countries to develop, update, and implement national Biodiversity Finance Plans (BFPs) in support of their National Biodiversity Strategy and Action Plan ( NBSAP).
How to use
Information BIOFIN can be accessed at: https://www.biofin.org/
The BIOFIN brochure can be downloaded at: https://www.biofin.org/knowledge-product/biofin-brochure-0
The Report: How Can Biodiversity Finance Plans Support NBSAPs? can be downloaded at: https://www.biofin.org/knowledge-product/how-can-biodiversity-finance-plans-support-nbsaps
Whitley Fund for Nature
Whitley Fund for Nature (WFN) is a fundraising and grant-giving nature conservation charity.
Three types of WFN grant enable grassroots conservationists to scale up their work and make a global impact. Whitley Awards provide £40,000 in project funding over one year as well as profile and training. Follow-on grants enable previous winners to expand effective projects, respond to changing needs, and collaborate with other conservationists, with grants worth up to £100,000 over two years. In 2020 WFN introduced a new strand of Continuation Funding for nature-based solutions that will help secure a sustainable future for wildlife, ecosystems and people. The Whitley Gold Award is worth £100,000.
The Mohamed bin Zayed Species Conservation Fund
The Mohamed bin Zayed Species Conservation Fund The Fund was established in 2008 with an initial endowment of €25,000,000 to: Provide targeted grants to individual species conservation initiatives; Recognize leaders in the field of species conservation; and Elevate the importance of species in the broader conservation debate. The Fund provides small grants to boots-on-the-ground, in-the-field species conservation projects for the world’s most threatened species.
The Fund is open to applications for funding support from all parts of the world for direct conservation projects focused on threatened plant, animal, and fungus species. Grants are awarded according to criteria set by the Species Fund, and are for a maximum of $25,000.
