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Financial Institutions and Instruments

Goal 3 of the Convention’s Strategy for resource mobilization seeks to: “Strengthen existing financial institutions and, promote replication and scaling-up of successful financial mechanisms and instruments”, with eight strategic objectives:

“3.1. To enhance efforts in mobilizing co-financing and other modes of project financing for biological diversity

“3.2. To strive to increase official development assistance associated with biological diversity, 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 and in accordance with priorities identified in national biodiversity strategies and action plans.

“3.3. To mobilize public sector investments in biological diversity and its associated ecosystem services

“3.4. To mobilize private sector investments in biological diversity and its associated ecosystem services

“3.5. To establish, as appropriate, new and additional funding programmes through voluntary contributions to support the three objectives of the Convention.

“3.6. To fulfill the implementation of the provisions of the Monterrey Consensus on mobilizing international and domestic funding as related to biodiversity.

“3.7. To continue to support, as appropriate, domestic environmental funds as essential complements to the national biodiversity resource base.

“3.8. To promote biological diversity in debt relief and conversion initiatives, including debt for-nature swaps.”

Under Article 21, paragraph 4, of the Convention, the Contracting Parties shall consider strengthening existing financial institutions to provide financial resources for the conservation and sustainable use of biological diversity. Goal 3 of the resource mobilization strategy provides further elaboration of how to implement the provisions of Article 21.

The tenth meeting of the Conference of the Parties conducted a review of implementation of goal 3 of the Convention’s strategy for resource mobilization. The next review will take place at the twelfth meeting of the Conference of the Parties.

Further readings

Resource Mobilization Strategy in Support of the Achievement of the Convention’s Three Objectives (UNEP/CBD/COP/10/13, 24 August 2010) (ar en es fr ru zh)

Donor Guide to the Convention on Biological Diversity: December 2004 version (230 pages) ( , ); December 2002 version (130 pages) ( , )

CBD Catalogue of Funding Sources (2006): a useful information tool as an entry point for the exciting journey of financial and technical cooperation in support of accomplishing the challenging international biodiversity agenda. Download the PDF version of the Catalogue

Bilateral official development assistance agencies: members of the Development Assistance Committee of the Organization for Economic Cooperation and Development (OECD/DAC). OECD/DAC website provides a link to its members. Click here to access DAC members’ sites

United Nations Development Group (UNDG): consists of all major United Nations financial and technical assistance agencies. Click here to access UNDG members’ sites

Report of the Expert Group Meeting on Management of Environmental Funds for the Financial Sustainability of Biodiversity Conservation (Lima, 9-11 May 2007), see the document

MEA Bulletin guest article on tapping the potential of environmental funds (5 July 2007): (MEA Bulletin, or the article)

  • United Nations
  • United Nations Environment Programme