It is essential that Parties and other stakeholders have the means to achieve the Strategic Plan, yet there is a persistent and critical shortage of financial resources to implement the Convention. IUCN believes that it is both necessary and feasible to mobilize significant new funding for the implementation of the Strategic Plan. Specific funding targets for Parties and others must be based on reliable data on the sources, uses and effectiveness of current expenditure, which is poorly documented. However, as a provisional global target for 2020, IUCN recommends a goal of US$300 billion from all sources, including current spending. This is equivalent to one hundred times the current level of biodiversity-related aid, as reported by the OECD (OECD 2007). IUCN believes that this ambitious target can be achieved but only by using a variety of instruments and by mobilizing resources at all levels, from national to international, and from all sources, both public and private. In this regard, it will be important for Parties to take a broad view of resource mobilization and to seek new funding from sources beyond international development aid and the existing financial mechanism of the CBD.