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Scaling-up Finance Mechanisms for Biodiversity

image of Scaling-up Finance Mechanisms for Biodiversity

This report examines six mechanisms that can be used to scale-up financing for biodiversity conservation and sustainable use and to help meet the 2011-20 Aichi Biodiversity Targets. The mechanisms are environmental fiscal reform, payments for ecosystem services, biodiversity offsets, green markets, biodiversity in climate change funding, and biodiversity in international development finance. Drawing on literature and more than 40 case studies worldwide, this book addresses the following questions: What are these mechanisms and how do they work? How much finance have they mobilised and what potential is there to scale this up? And what are the key design and implementation issues that need to be addressed so that governments can ensure these mechanisms are environmentally effective, economically efficient and distributionally equitable?

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Biodiversity in international development finance

This chapter discusses the opportunities and challenges of scaling up biodiversity-related development finance. It focuses in particular on Official Development Assistance (ODA) and the importance of leveraging private investment with public funds, using capital markets, co-financing, public-private partnerships and risk mitigation instruments. The chapter also underscores the need to better mainstream biodiversity into general development flows – and offers examples of how this can be done at a donor, national, sectoral and project level – as well as the importance of environmental and social safeguards.

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