Goal 2 of the Convention’s Strategy for Resource Mobilization seeks to “Strengthen national capacity for resource utilization and mobilize domestic financial resources for the Convention’s three objectives”
, with six strategic objectives:
“2.1. To strengthen institutional capacities for effective resource mobilization and utilization, including strengthening capacities of relevant ministries and agencies to make the case for including biodiversity and its associated ecosystem services in discussions with donors and relevant financial institutions
“2.2. To prepare national financial plans in the context of national biodiversity strategies and action plans that can be implemented by local, national, regional and international stakeholders.
“2.3. To strengthen capacity for integration of biodiversity issues and its associated ecosystem services into national and sectoral planning, and promote budgetary allocations for biological diversity and its associated ecosystem services in national and relevant sectoral budgets.
“2.4. To develop and implement economic incentives that are supportive of the Convention’s three objectives at local and national levels, consistent and in harmony with the other relevant international obligations.
“2.5. To consider the enhancement of existing, or the establishment of new, domestic funds and funding programmes through voluntary contributions, including for official development assistance, where biodiversity is identified as a priority by developing country Parties in poverty reduction strategies, national development strategies, United Nations development assistance frameworks and other development assistance strategies, that include innovative financing instruments to achieve the Convention’s three objectives.
“2.6. To establish enabling conditions for private sector involvement in supporting the Convention’s three objectives, including the financial sector.”
Under Article 20, paragraph 1, of the Convention, each Contracting Party undertakes to provide, in accordance with its capabilities, financial support and incentives in respect of those national activities which are intended to achieve the objectives of this Convention, in accordance with its national plans, priorities and programmes. Goal 2 of the resource mobilization strategy provides further elaboration of how to implement the provisions of Article 20.
The ninth meeting of the Conference of the Parties decided to review implementation of goal 2 of the Convention’s strategy for resource mobilization at its eleventh meeting.
For the biennium 2011-2012, the following activities are expected:
- Parties and relevant stakeholders to submit information and relevant experiences on goal 2 of the strategy for resource mobilization;
- The fourth meeting of the Ad Hoc Open-Ended Working Group on Review of Implementation to consider the implementation of goal 2;
- The tenth meeting of the Conference of the Parties to review goal 2 and advise on further implementation.
Sharing knowledge and experience among institutions: Compilation of information regarding financial resources contained in the first national reports to the Convention on Biological Diversity, (CBD-GEF/WS-Financing/INF/2, 4 June 2001), Workshop on Financing for Biological Diversity, Havana, Cuba, 16-17 July 2001, read the document