Biodiversity: Finance and the Economic and Business Case for Action
The Convention on Biological Diversity’s 15th Conference of the Parties (CBD COP15) in 2020 marks a critical juncture for one of the defining global challenges of our time: the loss of biodiversity and ecosystem services, which underpin nearly all of the Sustainable Development Goals (SDGs).
Transformative changes are needed to ensure biodiversity conservation and sustainable use and the delivery of the ecosystem services upon which all life depends. This report sets the economic and business case for urgent and ambitious action on biodiversity. It presents a preliminary assessment of current biodiversity-related finance flows, and discusses the key data and indicator gaps that need to be addressed to underpin effective monitoring of both the pressures on biodiversity and the actions (i.e. responses) being implemented. The report concludes with ten priority areas where G7 and other countries can prioritise their efforts.
Global biodiversity finance: a preliminary update
This chapter presents recent estimates of public and private expenditures on biodiversity, both domestic and international. It draws on multiple datasets including the OECD’s Policy Instruments for the Environment database and Creditor Reporting System, and country reports to the Convention on Biological Diversity. The chapter also presents estimates of public finance flows that are potentially harmful to biodiversity, such as fossil fuel subsidies and some agriculture and fisheries support.
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