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Synthesis On Innovative Financial Mechanisms For The Convention On Biological Diversity.pdf

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Preview of Synthesis on Innovative Financial Mechanisms for the Convention on Biological Diversity
🔗 Source: cbd.int
📊 Size: 289 KB
👤 Author: SCBD
⬇️ Downloads: 317

Summary

Delegates are requested to bring their copies to meetings.

- Convention on Biological Diversity (CBD): The document is a note by the Executive Secretary for the Conference of the Parties to the Convention on Biological Diversity, focusing on innovative financial mechanisms to generate new resources and address potential challenges.

- Submissions: 19 submissions were received from various Parties and organizations, including Canada, Costa Rica, Ecuador, the European Union, India, Japan, Mexico, and others like IUCN, UNCCD, and TNC.

- Innovative Financial Mechanisms: Submissions demonstrated diverse examples of innovative financial mechanisms supporting CBD objectives at local, national, and international levels. These include payment for ecosystem services, environmental taxes, green funds, and initiatives like the Yasuni ITT and the Green Development Initiative.

- Need for Innovative Mechanisms: India and the European Union emphasized the potential of these mechanisms to complement existing commitments and increase funding for the Convention's objectives, given the current financing gap.

- Status of Knowledge: India noted the lack of clarity in some mechanisms, while the European Union provided detailed reasons for each instrument. Japan and Norway discussed challenges and experiences with payment for ecosystem services and certification systems.

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Delegates are requested to bring their copies to meetings and not request additional copies.

Technical Information

  • File Format: PDF
  • File Size: 289 KB
  • Pages: 12
  • Language: EN
  • Author: SCBD
  • Total Downloads: 317
  • Last Updated: 5 days ago

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