Decision COP XIII/20

Financial reporting

Capacity-building and technical support

11. Welcomes the establishment of the CBD-BIOFIN regional nodes as a means to provide technical support for interested Parties which have not been supported by the Biodiversity Finance Initiative in assessing their funding needs, gaps and priorities and in developing their national finance plan; and invites developing country Parties, in particular least developed country Parties and small island developing States, and countries with economies in transition, to indicate their interest, as appropriate, to the Biodiversity Finance Initiative, and encourages the Biodiversity Finance Initiative to take into consideration the conceptual framework of IPBES on biodiversity and ecosystem services in its future work;

12. Invites Parties, other Governments and donors in a position to do so to provide financial and technical support to capacity-building for the identification of funding needs, gaps and priorities; the development and implementation of national resource mobilization strategies; and for financial reporting, inter alia through the second phase of the Biodiversity Finance Initiative and other initiatives;

Strengthening biodiversity finance information systems

13. Takes note of the work of the Development Assistance Committee of the Organisation for Economic Co-operation and Development to refine the Rio marker methodology, and encourages the Committee to continue and intensify this work on monitoring Aichi Target 20 in cooperation with the Organization’s Environmental Policy Committee, with a focus on the biodiversity marker and on private flows;

14. Takes note of the work of multilateral development banks, to track and report multilateral biodiversity finance flows, and encourages them to expedite this work;

15. Encourages Parties to establish, as appropriate, or improve cooperation with national or regional statistical offices and authorities, with a view to generating synergies with national information generation processes, and to contribute to the collection and reporting of financial data, in order to avoid duplication of work;

16. Invites Parties, with a view to improving transparency and enabling replicability and the development of methodological guidance, to make available, through the financial reporting framework, any additional methodological information and definitions used;

Collective action of indigenous peoples and local communities

18. Welcomes the guiding principles on assessing the contribution of collective action of indigenous peoples and local communities, contained in the annex to the present decision;

19. Invites Parties, other Governments, and relevant stakeholder organizations to consider establishing pilot projects on the contribution of collective action of indigenous peoples and local communities by making use of existing work processes such as the work on indicators relevant to traditional knowledge and customary sustainable use4 or the implementation of the plan of action on customary sustainable use,5 and further invites Parties to submit related information through the financial reporting framework to the Executive Secretary;

20. Invites Parties, other Governments and relevant organizations to consider the inclusion, as appropriate, of collective action of indigenous peoples and local communities for the conservation and sustainable use of biodiversity into the development and implementation of national finance plans for the effective implementation of revised national biodiversity strategies and action plans;

21. Requests the Executive Secretary to compile and analyse the information on collective action received by Parties through the financial reporting framework and other relevant sources, and, taking into account the guiding principles in the annex to the present decision as well as the report of the Guatemala workshop,6 to develop elements of methodological guidance for identifying, monitoring, and assessing the contribution of indigenous peoples and local communities to the achievement of the Strategic Plan for Biodiversity 2011-2020 and the Aichi Biodiversity Targets, for consideration by the Ad Hoc Open-ended Working Group on Article 8(j) and Related Provisions at its tenth meeting, and with a view to finalizing the methodological guidance at the second meeting of the Subsidiary Body on Implementation and adopting it at the Conference of the Parties at its fourteenth meeting;

Milestones for the full implementation of Aichi Biodiversity Target 3

22. Urges Parties and other Governments to implement measures for the 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, consistent and in harmony with the Convention and other relevant international obligations, and taking into account national socioeconomic conditions;

23. Recalls its invitation to Parties to report progress in achieving these milestones, as well as any additional milestones and timelines established at the national level, in the context of national circumstances, policies and capabilities, through their national reports or, as appropriate, through the online reporting framework on implementing the Strategic Plan for Biodiversity 2011-2020 and the Aichi Biodiversity Targets, and invites Parties to also include information on national analytical studies that identify candidates for elimination, phase-out or reform of incentives, including subsidies, that are harmful for biodiversity, and that identify opportunities to promote the design and implementation of positive incentive measures, such as appropriate recognition and support for indigenous peoples and local communities that conserve territories and areas, and other effective community conservation initiatives;

24. Takes note of the work of the Organisation for Economic Co-operation and Development on developing indicators to monitor Aichi Biodiversity Target 3, and invites, inter alia, the Organisation’s Environmental Policy Committee to continue and intensify this work to support the implementation of this target by Parties;

25. Requests the Executive Secretary to compile and analyse relevant information, including the information submitted pursuant to paragraph 23 above as well as relevant studies from international organizations and initiatives, including an analysis of how the implementation of Aichi Biodiversity Target 3 also contributes to the implementation of Aichi Biodiversity Target 20, and to submit the compilation and analysis to the Subsidiary Body on Implementation for consideration at its second meeting;

Safeguards in biodiversity financing mechanisms

26. Requests the Executive Secretary to compile and analyse information, including good practices or lessons learned, on how, in accordance with paragraph 16 in decision XII/3, Parties, other Governments, international organizations, business organizations and other stakeholders take the voluntary guidelines on safeguards in biodiversity financing mechanisms into account when selecting, designing and implementing biodiversity financing mechanisms, and when developing instrument-specific safeguards for them;

27. Also requests the Executive Secretary to make the information requested in paragraph 26 above available to the Ad Hoc Open-ended Working Group on Article 8(j) and Related Provisions at its tenth meeting, with a view to developing recommendations, for consideration by the Subsidiary Body on Implementation at its second meeting, on how the application of safeguards can ensure that the potential effects of biodiversity financing mechanisms on the social and economic rights and livelihoods of indigenous peoples and local communities are addressed effectively;

28. Requests the Subsidiary Body on Implementation, at its second meeting to consider the analysis compiled under paragraph 26 and the recommendation of the Ad Hoc Open-ended Working Group on Article 8(j) and Related Provisions, and to develop recommendations for the implementation of the voluntary guidelines on safeguards, adopted in decision XII/3, to address effectively the potential impacts of biodiversity financing mechanisms on different elements of biodiversity, as well as their potential effects on the rights and livelihoods of indigenous peoples and local communities, for consideration by the Conference of the Parties at its fourteenth meeting.