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?
Also available in: French
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Payments for ecosystem services
This chapter explores the opportunities and challenges for mobilising and scaling-up biodiversity finance using Payments for Ecosystem Services (PES). It examines some of the features that need to be considered for effective PES design, including clearly defined and enforced property and land tenure rights, environmental safeguards to manage risks such as leakage and non-permanence, social safeguards to prevent or address negative distributional impacts and a robust monitoring and reporting framework.
Also available in: French
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