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Advancing More, Better and Faster Financing for Biodiversity and Ecosystem Services

Awareness and global engagement

Basis for action:

"To raise public awareness of the importance of biological diversity and the goods and services that it provides at all levels in support of resource mobilization"...Strategy for resource mobilization, objective 8.1

Indicator:

Number of global initiatives that heighten awareness on the need for resource mobilization for biodiversity

United Nations Economic and Social Council

Annual Ministerial Reviews

Development Cooperation Forums

Annual meetings of governing boards of International Monetary Fund and the World Bank

Group of 77 (G77)

Group of Eight (G8)

Group of Twenty Finance Ministers and Central Bank Governors (G20)

United States of America: Tools for Delivering Financial Outreach

Global engagement and awareness
Global awareness-raising initiatives extend influence over more than one geographical region of the United Nations, which can be effectively pursued through the international high-profile political and economic processes by making explicit statements on the need for resource mobilization for biodiversity. The strategy for resource mobilization was part of the resolutions of United Nations General Assembly in 2010 and 2011 and of G8 Declaration in 2011, but not taken up by Group of 77, United Nations Economic and Social Council Annual Ministerial Reviews and Development Cooperation Forums, annual meetings of governing boards of International Monetary Fund and the World Bank, United Nations Financing for Development process, Group of Twenty.
United Nations Conference on Sustainable Development or Rio +20 points to a positive trend in further exploring financial solutions in the coming years, by stating “We welcome the Strategy for Resource Mobilization in support of the achievement of the Convention on Biological Diversity’s three objectives, including the commitment to substantially increasing resources from all sources in support of biodiversity, in accordance with decisions taken at the Tenth Conference of the Parties.” But the strategy for resource mobilization has not been able to sustain traction at the United Nations General Assembly or at Group of Eight, and financing for biodiversity will likely continue with no attention from other major international processes related to finance.

  • United Nations
  • United Nations Environment Programme