Progress on finance for biodiversity to be discussed in Global Dialogue

02 February 2012 | News story

The Global Dialogue Seminar on Scaling up Finance for Biodiversity, co-hosted by the Governments of Ecuador, Sweden, Norway and India together with Japan as the President of the tenth meeting of the Conference of the Parties (COP) of the Convention on Biological Diversity (CBD) and supported by SWEDBIO, SIDA, NORAD and IUCN, will be held from 6 to 9 March 2012 in Quito, Ecuador.

After CBD COP10, carried out in Nagoya, Japan, in October 2010, the Aichi Biodiversity target 20 particularly was set up for a substantial increase from current levels of resources for the effective implementation of the adopted Strategic Plan in accordance with the Strategy for Resource Mobilization.

The intention of this dialogue seminar is to facilitate the further elaboration by the Conference of the Parties of the Strategy for Resource Mobilization and thereby facilitate implementation of the Strategic Plan and achievement of the Aichi Biodiversity Targets on this matter. More specifically, the dialogue seminar will explore opportunities related to an increase in the scale of finance and contribute to building understanding on these issues and seek to clarify areas of convergence and of divergence. It will seek to enhance understanding among participants with a view to facilitate discussions in following meetings, including CBD COP-11 to be held in Hyderabad, India in October 2012.

“The international negotiations on financing for biodiversity have faced difficulties to reach results. I see the need for an improved dialogue among different governments and stakeholder groups, with broad variation in views and with different political background,” says Maria Schultz, Director of The Resilience and Development Programme (SwedBio) at Stockholm Resilience Centre, Stockholm University. “I hope this seminar will contribute to improve understanding of different positions and more profound knowledge on the issue, to find the way forward later in the international negotiations on financing for biodiversity.”

The seminar will include a mix of keynote presentations, case studies and small group discussions. Participants are expected to be key actors regarding financing for biodiversity including experts active in CBD discussions on resource mobilization but also from related processes, as well as national level actors from sectors dealing with financing of biodiversity and ecosystem services, intergovernmental and non-governmental organizations, social movements, farmer, local communities and Indigenous Peoples organizations, scientists and the private sector. .

“There is a biodiversity funding gap that the Official Development Assistance (ODA) alone cannot bridge and there is a substantial information challenge in understanding the size of the biodiversity funding gap. Potential means to bridge the gap are available, but creativity and innovation are needed”, says Andrew Seidl, Head of IUCN Global Economics and Environment Programme. “A key is to adopt a broad view of resource mobilization, including building the capacity to implement reforms and monitor progress in developing countries. Mobilizing financial resources is only part of the solution.”