Decision COP XIV/22
Resource mobilization
4. Welcomes the work of relevant organizations and initiatives, including the Biodiversity Finance Initiative of the United Nations Development Programme, to provide technical support and capacity-building for interested developing country Parties, in particular the least developed countries and small island developing States, as well as countries with economies in transition, including indigenous peoples and local communities and other relevant stakeholders within those countries, on the identification of funding needs, gaps and priorities, the development and implementation of national resource mobilization strategies, and on financial reporting, and invites the Biodiversity Finance Initiative and similar programmes or initiatives to further provide financial and technical support and capacity-building for interested developing country Parties to participate in the initiative;
5. Invites Parties, other Governments and donors in a position to do so, to provide financial resources in accordance with Article 20 of the Convention and to achieve the targets for resource mobilization adopted in decision XII/3, for capacity-building and technical assistance as well as to facilitate technology transfer, and to support monitoring of financial resources for the Convention, in particular regarding those Aichi Biodiversity Targets that may be achieved in the next two years, under the financial reporting framework;
6. Takes note of the work undertaken by the Development Assistance Committee of the Organization for Economic Cooperation and Development to refine the Rio marker methodology, and the work of the Environmental Policy Committee of the Organization to track economic instruments and the finance they mobilize, and invites the Organization to continue and further intensify this work;
9. Notes with concern the limited progress made in implementing Aichi Biodiversity Target 3 and the milestones for its implementation, in particular on the elimination, phase out, or reform of incentives, including subsidies, that are harmful for biodiversity, consistent and in harmony with the Convention and other relevant international obligations, taking into account national socioeconomic conditions;
10. Encourages Parties and other Governments to intensify their efforts to implement measures for the full implementation of Aichi Biodiversity Target 3, taking into account, as a flexible framework, the milestones adopted by the Conference of the Parties at its twelfth meeting,2 consistent and in harmony with the Convention and other relevant international obligations, and taking into account national socioeconomic conditions;
11. Welcomes the work of relevant organizations and initiatives, including the Biodiversity Finance Initiative of the United Nations Development Programme, the United Nations Environment Programme, the Organization for Economic Cooperation and Development, the International Institute for Sustainable Development, and other partners, to provide analytical and technical support and capacitybuilding to the implementation of Aichi Biodiversity Target 3, and invites them to continue and further intensify this work;
12. Notes the useful role of national studies to identify harmful incentives and opportunities for removal or reform of harmful incentives, including subsidies, and in scoping and identifying the most effective policy action, invites interested organizations, such as the organizations and initiatives mentioned in the previous paragraph, to consider undertaking a systematic compilation and analysis of existing studies with a view to identifying good-practice methods for identifying harmful incentives and developing appropriate policy responses, and develop a standard or template for such standards as voluntary guidance;
14. Affirms that resource mobilization will be an integral part of the post-2020 global biodiversity framework to be adopted by the Conference of the Parties to the Convention at its fifteenth meeting, and decides to initiate preparations on this component at an early stage in the process of developing the framework, in full coherence and coordination with the overall process for the post-2020 framework as agreed in decision 14/34;
15. Requests the Executive Secretary,subject to the availability of financial resources, to contract a panel of three or five experts, with equal representation from developing country Parties and developed country Parties and one from international non-governmental organizations, to undertake the activities listed below, and prepare reports, to contribute to the overall process for the post-2020 framework, and for the consideration of the open-ended working group and of the Conference of the Parties at its fifteenth meeting:
(b) To review the experiences of achieving Aichi Biodiversity Target 20 and implementing the Strategy for Resource Mobilization, and their adequacy, and build on these experiences, as well as those in implementing other relevant multilateral environmental agreements, public and private stakeholder initiatives and those undertaken by indigenous peoples and local communities, to consider the need for appropriate action, based on information provided by Parties through the Financial Reporting Framework, including their respective identified resource needs, and other relevant sources;
- Body
- Conference of the Parties (COP)
- Meeting
- COP-1417 - 29 November, 2018Sharm El-Sheikh, Egypt
- AICHI targets
- 4
- Subjects
- 6 2 Financial Mechanism and Resources Mobilization 1 Post 2020 Framework 1 Economics, Trade and Incentive Measures 1 Capacity-building 1 National Reports
- Decision document
- Resource mobilization
- Documents
- CBD/SBI/2/7/ADD1
- Related decisions