Presentation
While more than 100 countries are now involved in national biodiversity finance planning exercises, there is room for improvement in better organizing allocation of financial provisions from different sources to different types of needs. As COP17 will examine, inter alia, criteria to be considered for the permanent arrangements of the Convention on Biological Diversity financial mechanism, this Issue Brief examines how nationally expressed needs can guide financial responses to the Kunming-Montreal Global Biodiversity Framework. It draws on literature analysis and 7 interviews with stakeholders in Colombia and the Philippines.
Key Messages
- Based on existing plans and implementation evidence, countries and financial partners can identify biodiversity finance needs that remain poorly addressed or supported. Follow-up should distinguish priorities needing additional resources from those requiring policy reform, capacity or changes to financing procedures. Examining these findings collectively could reveal types of needs that biodiversity financing arrangements serve poorly across countries.
- COP17 could make responsiveness to such needs part of the assessment of financing arrangements. This could inform discussion on access, predictability, coordination and institutional roles.
- National biodiversity finance plans are under-utilized in international cooperation. Partners should engage with these country-led planning processes and make clear how their support addresses expressed priorities. This support should extend beyond individual projects to help countries advance the budgetary, fiscal and sectoral reforms needed to implement those priorities.
- Finance needs and plans reflect the priorities and horizons of the current national biodiversity plans as contributions to the CBD goals and targets. Exploring alternative sectoral pathways can reveal longer-term requirements and inform the next revision of national biodiversity plans. International partners can support countries in developing these pathways, including the national expertise and participation needed to undertake reforms.
