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Financing biodiversity action for achieving the 2010 targets
A Workshop sponsored by the Conservation Finance Alliance (CFA),
Communication, Education, and Public Awareness (CEPA)  &
World Wide Fund for Nature (WWF)
Saturday, March 25, 2006
Global Biodiversity Forum
Curitiba, Brazil

With the adoption of the 2010 Target as a roadmap for implementing the CBD, Parties and other stakeholders are initiating a variety of new activities – and intensifying existing activities – to implement the Target. Financing of this intensified effort, therefore, has become a key priority for successful implementation of the Convention. While conventional sources of financing, such as the GEF and other multilateral and bilateral donor agencies, will continue to be important, there is growing recognition that a broader range of innovative mechanisms needs to be developed to provide more effective and sustainable biodiversity financing. Catalyzing greater and more effective financing, however, also requires a fresh look at national policy and legal environments and the incentives – or disincentives – they provide for enhanced, innovative biodiversity financing.

This workshop addressed the theme of expanding the range of approaches and instruments available for financing achievement of the 2010 target, and adjusting national policy and legal frameworks necessary for that purpose. The workshop organizers began the workshop by presenting a commissioned overview paper concerning (a) A general overview of the financial resources needed to achieve the 2010 Target; and (b) a review of the current status and trends in “conventional” biodiversity funding. Subsequent workshop sessions focused on (a) presenting and discussing a range of new and innovative conservation finance mechanisms and (b) analyzing the policy, legal, and capacity building measures needed to fully mobilize these innovative mechanisms.

Presentations

Session 1: Financing Biodiversity for 2010; Chair: Chip Barber, USAID

Session 2: Emerging Innovative Financing Mechanisms; Chair: Alain Lambert, UNEP

Session 3:  Enabling Environment; Chair: John Hough, UNDP
 

Session 4: Conclusion; Chair: Hans Friederich, IUCN

Main findings of the day as the requirements for success:

• There has to be an enabling political environment that promotes transparency and accountability.
• There has to be political buy-in at the highest level possible, to provide a sense of continuity.
• Funding comes from many sources, and a diversified funding portfolio is the most successful.

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