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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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Executive Summary

This book considers the opportunities for scaling-up finance for biodiversity across six so-called “innovative financial mechanisms” as classified by the Convention on Biological Diversity (CBD). These are: environmental fiscal reform; payments for ecosystem services; biodiversity offsets; markets for green products; biodiversity in climate change funding; and biodiversity in international development finance. Drawing on literature and more than 40 case studies worldwide, the 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 – including environmental and social safeguards – that need to be addressed so that governments can help ensure these mechanisms are environmentally effective, economically efficient and distributionally equitable?

English French

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