Financial Mechanism and Resources

Strategy for Resource Mobilization

The strategy for resource mobilization was first adopted by the ninth meeting of the Conference of the Parties to the Convention on Biological Diversity in 2008 through decision IX/11. The original mission of the strategy for resource mobilization was to substantially enhance international financial flows and domestic funding for biological diversity in order to achieve a substantial reduction of the current funding gaps in support of the effective implementation of the Convention’s three objectives. 

At the tenth meeting of the Conference of the Parties to the Convention on Biological Diversity, the strategy for resource mobilization was reaffirmed with a series of indicators for monitoring for the implementation of the Strategic Plan for Biodiversity 2011-2020 and the Aichi Biodiversity Targets. 

However, as the Strategic Plan for Biodiversity elapsed in 2020, and was replaced by the Kunming-Montreal Global Biodiversity Framework in 2022, a new strategy for resource mobilization was adopted at the fifteenth Conference of the Parties to the Convention on Biological Diversity.  

Adopted through decision 15/7 on resource mobilization, the new strategy for resource mobilization aims to quick-start, scale up, and align, resources for the implementation of the Kunming-Montreal Global Biodiversity Framework. The new strategy will include an intermediate phase (2023-2024) and a medium-term phase (2025-2030), and will be guided by:

  1. Section C of the GBF;
  2. Article 20, 21 and 11 of the Convention;
  3. Funding from all sources, from a broad scope of financial instruments and mechanisms;
  4. Immediate mobilization of resources, safeguarding a long-term vision of financial resources needs;
  5. Comprehensive, fair and equitable access to all financing sources for all Parties.

The new strategy for resource mobilization is currently being worked on by the Advisory Committee on Resource Mobilization and will be presented at the fourth meeting of the Subsidiary Body on Implementation. The strategy will be fully reviewed at the sixteenth meeting of the Conference of the Parties to ensure it is completely aligned with the Kunming-Montreal Global Biodiversity Framework and guarantee it will provide a solid basis to guide Parties and other actors towards the mobilization of adequate resources, commensurate with the ambition of the Framework. 

To assist the the Advisory Committee on Resource Mobilization, the Secretariat requested Parties and organizations (through notification 2023-087) to submit experiences, good practices and lessons learned with the strategy on resource mobilization. These submissions can be found here